The discount chain said it agreed to a sale transaction with an investment firm which would allow hundreds of stores to stay ...

A bankruptcy judge approved the sale of properties to discounter Variety Wholesalers, with Bruce Thorn terminated as CEO.

The retail company struck a rescue deal to save hundreds of stores, preserving thousands of jobs after filing for Chapter 11 bankruptcy.

Modell, 70, said he was at President-elect Donald Trump’s Mar-a-Lago resort on Dec. 19 when he got the idea to buy the legacy ...

The closing of a Big Lots distribution center in Montgomery will leave nearly 500 without a job next week. According to Alabama’s WARN List, a listing of ...

Big Lots said Friday it has agreed with Gordon Brothers Retail Partners to sell stores, distribution centers and intellectual ...

Bankrupt retailer Big Lots Inc. won court approval of a rescue deal to save some of its stores from shutting down despite ...

A retail giant has stepped up to purchase Big Lots' stores, distribution centers and other assets, and keep up to 400 stores ...

Less than 10 days after Big Lots announced a purchase agreement had fallen through, the discount retailer has agreed to a new ...

Variety Wholesalers, based in Henderson, N.C., plans to operate stores under the Big Lots brand, may continue to employ ...

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 October and had already started liquidation before this new deal ...