Earlier this week discount retailer, Big Lots announced that it had filed for Chapter 11 bankruptcy and plans to sell the business to Nexus Capital Management. The retailer is also in the midst of ...

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.

(Bloomberg) — Off-price home goods retailer Big Lots Inc. (BIG) is contemplating a potential bankruptcy filing after years of sales declines, according to people with knowledge of the plans.

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 ...

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 ...

In Chapter 11, “Big Lots is hoping to avoid the path of retail chains 99 Cents Only Stores and furniture retailer Conn’s which have had to liquidate in bankruptcy,” Sarah Foss, global head ...

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 ...

Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection, as it contends with a pullback in consumer ...