Big Lots has struck a deal to save some stores from closing and keep the brand name alive.

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Margie Seals has been waiting on a piece of furniture from the Muskegon Big Lots since November. With the store set to close ...

The privately-owned Variety Wholesalers plans to acquire 200 to 400 Big Lot stores and operate under the Big Lots brand.

The discount retailer had filed for bankruptcy in September.