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. The Columbus, ...

Big Lots has secured $550 million in debtor-in-possession financing and up to an additional $157.5 million in new term loans days after entering bankruptcy with a debt load of $556.1 million. “With ...

Big Lots customers and employees who have been wondering which locations may stay open after the bankrupt retailer was sold to a restructuring firm might have to wait until spring. But new clues have ...

Over the last year, Big Lots’ financial performance and some operational decisions signaled to analysts and industry observers that the discount retailer might be in trouble. The company said in a ...

In yet another twist for the ill-fated discount retailer Big Lots, hundreds of locations that had been marked for closure may end up staying open after all. Earlier this month, the company announced ...

Big Lots is adding dozens of locations to its list of stores slated to close as part of the discount retailer's Chapter 11 bankruptcy process. The Columbus, Ohio-based company plans to shut down ...

The bankrupt Big Lots home goods closeout retailer just announced its planned sale to Nexus Capital Management has hit the skids so it will begin going-out-of-business sales (GOB) at its remaining 900 ...

Big Lots is coming back in a big way this week. After announcing that store openings would come in waves in 2025, 60 stores are set to reopen across a dozen states on Thursday, May 1 − less than a ...

(NEXSTAR) — It’s been five months since Big Lots announced it was preparing to close all of its stores, after closing hundreds of others following its bankruptcy filing. Since then, more than 100 Big ...

(NEXSTAR) — After closing their doors amid a months-long bankruptcy process, several Big Lots stores are set to reopen under new management. Earlier this year, Big Lots closed a previously announced ...

Big Lots’ comeback continues to get bigger. Big Lots is set to open more than 70 stores across the United States on June 5. The expected openings come only weeks after Big Lots opened dozens of stores ...