Big Lots is laying off 555 corporate workers including its CEO following the collapse of its deal to be acquired out of bankruptcy. The Columbus-based discounter reported to the state that the workers ...

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 closing more stores nationwide, signaling a major shift for the discount retailer. Founded in 1967 as Value City, the company rebranded to Big Lots in 1982 and expanded its product ...

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 ...

Big Lots doesn't expect to close a deal to sell itself to Nexus Capital Management, but it's not officially going out of business.

Big Lots is planning to reopen 132 more stores in May as the bankrupt discount retailer works to rebuild its brand under new ownership. After filing for bankruptcy in September of last year and moving ...

Come Thursday, Big Lots will be back, as discount retail group Variety Wholesalers stays true to its promise to reopen stores following the company’s September bankruptcy. Further waves of openings ...

The liquidation firm assisting Big Lots in its bankruptcy process has revealed another 200 or so locations that are likely to close. Earlier this month, the Boston-based asset liquidation firm Gordon ...

Retail chains are dropping like flies this year, but one company is making a comeback. Big Lots, which filed for bankruptcy last year, originally announced that it would close almost all of its stores ...