Big Lots To Close All Stores After Ch. 11 Sale Falls Through
By Yun Park ( December 19, 2024, 7:48 PM EST) -- Bankrupt discount retail chain Big Lots told a Delaware bankruptcy court Thursday that it will close its 870 remaining stores in the United States and initiate going-out-of-business sales starting Friday, after its $760 million deal for a going-concern sale to California private equity group Nexus Capital Management fell through....
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