COLUMBUS, Ohio — In a letter to employees obtained by sister publication Furniture Today, Big Lots President and CEO Bruce Thorn said the Top 100 retailer could return to profitability by 2025.
Off-price home goods retailer Big Lots Inc. is contemplating a potential bankruptcy filing after years of sales declines, according to people with knowledge of the plans. The company is also ...
(NEXSTAR) — Nearly 50 additional Big Lots stores are set to close as the company navigates through its Chapter 11 bankruptcy protection filings. The Ohio-based company announced earlier this ...
There were nearly 1,400 Big Lots stores in the U.S. as of the first quarter. The discount retailer’s locations sell home goods, furniture, seasonal decorations and other products.
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 ...
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 ...
Discount home goods retailer Big Lots has filed for bankruptcy after high interest rates and a slow housing market reduced demand for its low-priced furniture and decor The company has agreed to ...
Shares hit as much as $70 three years ago when consumers, flush with stimulus payments, headed to Big Lots to stock up on food and buy furniture and other items for their homes. But the company's ...