Big Lots Announces Going Out Of Business Sale As Nexus Forbes
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The bankrupt Big Lots home goods closeout retailer just announced its planned sale to Nexus Capital Management has hit the skids so it will begin goingoutofbusiness sales GOB at its remaining
Discount retail chain Big Lots is now preparing to hold going out of business sales ahead of closing all of its remaining stores including its last location in Minnesota The Ohiobased company
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At its peak Big Lots operated over 1400 stores nationwide The company filed for Chapter 11 bankruptcy in September citing substantial doubt about its ability to continue operations Big Lots reported a net sales decline of more than 8 in the second quarter totaling 105 billion and a quarterly net loss of nearly 23846 million
Big Lots closing dozens of stores in California See the full list
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Big Lots Inc Closing Down in all of Indiana wibccom
Big Lots will soon start going out of business sales at its MSN
Big Lots has been closing hundreds of stores since the beginning of the yearAt its peak it had more than 1400 locations across the United States Prior to filing for Chapter 11 bankruptcy
Big Lots preparing to close all stores including last Minnesota MSN
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Big Lots Planned Private Equity Sale Falls Through Retailer Commences
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Big Lots Announces Closure of All 963 Locations 1011 The Wiz
Angus MordantBloomberg via Getty Images Discount store giant Big Lots has announced plans to close up to 315 stores nationwide as financial issues put pressure on the embattled retailers future
Closeout retailer Big Lots has initiated going of out business sales at its remaining stores following the news that a planned sale to Nexus Capital Management has fallen through The troubled retailer is still pursuing an alternative going concern transaction with Nexus or another party with the goal of completing a sale by early next month
Big Lots says it is continuing to serve customers instore and online during going out of business sales In July and August Big Lots announced the closure of five Indiana stores 2136 E Markland Ave in Kokomo 8401 Michigan Road in Indianapolis 138 W Hively Ave Elkhart 3958 Illinois Road Fort Wayne 1806 Frontage Road Warsaw