We recap four business stories you might've missed in October, including the future use of the Wells Fargo bank and Big Lots store.
Per CNBC, large retailers typically hold off on deepening discounts during closing sales until merchandise has been cleared from distribution centers. Once distribution centers and warehouses are ...
“This marks an important step that positions us to move forward on stronger financial footing with a new owner,” Big Lots CEO Bruce Thorn said in a statement. “Nexus has an established track record of ...
Private equity firm Nexus Capital Management is working with Big Lots Inc.’s lenders to get roughly $750 million in financing ...
Big Lots will close eight more Georgia locations this year. Here are the locations throughout the state that will soon close ...
Joining other chains in financial distress including Red Lobster and Rite Aid, discount retailer Big Lots is closing another ...
The Columbus-based discount retailer filed for Chapter 11 bankruptcy in September. Nexus Capital Management plans to buy the ...
The leases are for stores in 41 states with a range of between 16,321 to 54,610 square feet and are available as part of the ...
A federal judge approved Nexus Capital Management as the lead bidder to acquire Big Lots Inc. after the private equity firm ...
Big Lots initiated voluntary Chapter 11 proceedings on Sept. 9 to facilitate a sale of most of its assets. As part of its ...
Eric van der Valk, President of Ollie’s stated, “We are, once again, very pleased to be the winning bidder on an additional eight store locations in another round of the Big Lots store closures. These ...
You're in luck if you're doing your holiday shopping at Big Lots with retirees on your wish list. The discount retailer ...