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Updated September 9, 2024 at 10:20 PM. A Big Lots store in Los Angeles on Saturday. Discount home goods retailer Big Lots filed for bankruptcy protection on Monday after high interest rates and a ...
Earlier this summer, Big Lots told the SEC it planned to close 35 to 40 stores, which quickly grew to hundreds.Additional store closures are expected "as part of the court-supervised sale process."
Big Lots said should Nexus win the auction, it expects the sale to close before the end of the year. Big Lots has secured $707.5 million of financing that, couple with cash generated from the ...
August 13, 2024 at 5:33 PM. Michele Eve Sandberg/SIPAPRE/AP. Big Lots is closing more than 300 locations across the United States, or roughly a quarter of its stores, following an earlier warning ...
[17] [18] In the latter part of 2005, Big Lots closed 170 stores, including all free-standing Big Lots Furniture specialty stores. [19] On August 3, 2006, Big Lots announced that it would change its New York Stock Exchange ticker symbol from BLI to BIG, beginning with trading activity on August 18, 2006. [20]
Big Lots said Monday that it has filed for Chapter 11 bankruptcy protection from its debts, with the discount retailer citing inflation and high interest rates for hurting its business.
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