Bargain Retailer Big Lots Hits Ch. 11 With Sale In Sights
By Vince Sullivan ( September 9, 2024, 11:13 AM EDT) -- Discount retail chain Big Lots filed for Chapter 11 protection Monday in Delaware with $556 million of secured debt and plans to shutter more than 300 stores while it works to complete a $620 million deal to sell the rest of its business as a going concern....
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