Financially struggling closeout retailer Big Lots filed for bankruptcy protection on Monday, blaming inflation and high interest rates for taking a toll on its customers. Big Lots said Los Angeles ...

Ohio-based discount retailer Big Lots has filed for bankruptcy and plans to close more stores under new leadership, the company announced Monday. The retailer said in July it planned to close 35 ...

9, the retailer confirmed it has entered into an agreement with Nexus Capital Management in which the private equity firm “has agreed to acquire substantially all” of Big Lots’ “assets and ...

Big Lots company officials on Monday said optimizing its store footprint included restructuring as 295 stores have already begun to shut down. Big Lots officials said about 250 more locations will ...

Earlier this week discount retailer, Big Lots announced that it had filed for Chapter 11 bankruptcy and plans to sell the business to Nexus Capital Management. The retailer is also in the midst of ...

Discount retailer Big Lots has filed for bankruptcy and agreed to sell its assets to an affiliate of private equity firm Nexus Capital Management, the companies announced Monday. The home goods ...

Discount retailer Big Lots is filing for bankruptcy as it prepares to be acquired, the company said Monday. The Ohio-based company will be acquired by Nexus Capital Management, “who believes in ...

Big Lots, the beleaguered discount retailer that previously warned it had “substantial doubt” about its survival, has filed for bankruptcy. As part of its Chapter 11 filing, the retailer ...