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Then, at the start of 2025, an investment firm called Gordon Brothers bought the majority of Big Lots’s assets, immediately selling over 200 stores to Variety Wholesalers, which cherry-picked ...
Big Lots sold leases to more than 460 stores to Boston-based asset liquidation firm Gordon Brothers Retail Partners in late 2024, after which the leases were put up for sale, USA TODAY reported.
The sale agreement, reached with Gordon Brothers Retail Partners, stipulated that Variety Wholesalers would acquire between 200 and 400 former Big Lots stores and reopen them, maintaining the ...
Big Lots started reopening stores on April 10. Big Lots announced its sale to Gordon Brothers Retail Partners in January.
A fourth wave of Big Lots stores will reopen this week, bringing back nearly 80 locations in nine states that were previously shuttered as part of the retailer’s bankruptcy filing.
Big Lots sold leases to more than 460 stores to Boston-based asset liquidation firm Gordon Brothers Retail Partners in late 2024, after which the buildings were put up for sale.
This marks the third wave of stores reopening this year. In April, nine Big Lots stores reopened as part of a deal the retailer previously reached with Gordon Brothers Retail Partners.
COLUMBUS, Ohio (WCMH) — Several Big Lots stores are reopening in Ohio on Thursday, among locations nationwide that closed and are relaunching under new management after a months-long bankruptcy ...
The two rounds of May store openings came on the heels of nine Big Lots openings across six states on April 10. The openings come months after Big Lots announced its sale to Gordon Brothers Retail ...
This marks the third wave of stores reopening this year. In April, nine Big Lots stores reopened as part of a deal the retailer previously reached with Gordon Brothers Retail Partners.