Big Lots to sell assets, including 6 CT stores, to Variety Wholesalers
Dec 31, 2024 · Variety Wholesalers, which is privately-held, plans to acquire between 200 and 400 Big Lots stores, while retaining the Big Lots name. The terms of the complicated deal include the purchase of as many as two Big Lots distribution centers outside the state that are currently operated by Big Lots.
Big Lots closes strategic deal with Gordon Brothers - Yahoo Finance
4 days ago · Big Lots president and CEO Bruce Thorn said: "The strategic sale to Gordon Brothers and the transfer to Variety Wholesalers is a favourable and significant achievement for Big Lots that reflects ...
Gordon Brothers Completes Big Lots Purchase & Facilitates Going …
2 days ago · The Big Lots Foundation, together with the Company’s customers, associates, and vendors, has delivered more than $176 million of philanthropic support to critical needs in hunger, housing, healthcare, and education. For more information, to shop online, or to find a store near you, please visit biglots.com. About Variety Wholesalers
Big Lots Closes Store-Saving Deal with Gordon Bros., Variety Wholesalers
5 days ago · In a move to keep the Big Lots banner waving, the bankrupt off-price retailer announced it closed the company’s previously announced sale agreement with Gordon Brothers Retail Partners that will enable Variety Wholesalers …
Big Lots closing stores: Gordon Brothers deal will keep hundreds …
Dec 29, 2024 · The retailer on Friday announced a transaction with Boston-based asset liquidation firm Gordon Brothers Retail Partners resulting in the transfer of 200 to 400 Big Lots stores to Variety ...
Big Lots bought by North Carolina based Variety Wholesalers to …
Dec 28, 2024 · Variety Wholesalers, based in Henderson in Vance County, already owns Roses and has now agreed to buy hundreds of Big Lots stores — and keep them open, saving “thousands of jobs.”
Variety Wholesalers to Acquire 200 to 400 Big Lots Stores
Jan 3, 2025 · 9. Henderson, N.C. — Variety Wholesalers Inc. has announced plans to acquire between 200 and 400 Big Lots stores, in the midst of the retailer’s bankruptcy proceedings.North Carolina-based Variety Wholesalers will acquire the stores, which it will operate under the Big Lots brand, through Gordon Brothers Retail Partners.
Big Lots bankruptcy: Roses owner Variety Wholesalers to buy …
Dec 30, 2024 · Big Lots, which filed for bankruptcy in September, on Friday announced a deal with Variety Wholesalers of Henderson and asset liquidation firm Gordon Brothers Retail Partners of Boston that...
BIG LOTS AGREES TO STRATEGIC TRANSACTION TO FACILITATE …
Dec 27, 2024 · Variety Wholesalers intends to acquire between 200 and 400 Big Lots stores, which it plans to operate under the Big Lots brand moving forward, and up to two distribution centers.
Big Lots averts total liquidation with store sale to Roses ... - Axios
Dec 27, 2024 · Bankrupt retailer Big Lots said Friday it struck an 11th-hour deal to save hundreds of its stores via a sale to Gordon Brothers and Variety Wholesalers. Why it matters: The Columbus, Ohio-based company had about 27,700 employees and more than 1,300 stores in 48 states when it filed for Chapter 11 bankruptcy protection in September.
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