Big Lots has been handed a lifeline by Gordon Brothers Retail Partners and Variety Wholesalers to save some 200 to 400 stores along with the jobs of the stores' employees.

Big Lots (OTC:BIGGQ) has agreed to a transaction with Gordon Brothers Retail Partners that will facilitate the transfer of a majority of Big Lots' assets to Variety Wholesalers and other parties.

After previous sale plan falls through, discount retailer strikes new arrangement with Gordon Brothers and Variety Wholesalers. By Staff and Wire Reports Dec 30, 2024.

Big Lots, Inc. (the "Company") today announced that it has successfully closed its previously announced sale agreement with Gordon Brothers Retail Partners, LLC ("Gordon Brothers") that will ...

“We are excited to partner with Gordon Brothers to provide a path forward for the Big Lots brand and hundreds of its stores,” said Lisa Seigies, president and CEO, Variety Wholesalers.

In a sale brought about by global asset and real estate consulting firm Gordon Brothers, ... Retail Partners resulting in the transfer of 200 to 400 Big Lots stores to Variety Wholesalers, Inc. ...

(RTTNews) - Big Lots Inc. announced a sale transaction with Gordon Brothers Retail Partners, LLC, facilitating the transfer of its assets, including stores, distribution centers, and intellectual ...

BOSTON — Gordon Brothers has completed the purchase of Top 100 retailer Big Lots Inc. and facilitated the discounter’s going concern sale. The purchase, which was agreed to in late 2024, enables the ...

Boston, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Gordon Brothers, the global asset experts, has completed the purchase of Big Lots Inc. and facilitated the U.S. closeout retailer’s going concern sale ...

Variety Wholesalers Inc., which is headquartered in Hendersonville, North Carolina, owns more than 400 retail stores across the Southeast and Mid-Atlantic states, the news release stated.

Big Lots said on Friday that it has agreed with Gordon Brothers Retail Partners to sell its stores, distribution centers and intellectual property to retailers, including Variety Wholesalers, in ...