Half Of Big Lots Stores Could Be Saved In Variety Wholesalers …
Jan 3, 2025 · Up to a half of Big Lots stores look set to be saved after it agreed to a transaction with Gordon Brothers Retail Partner that enables the transfer of Big Lots assets.
Big Lots to sell assets, including 6 CT stores, to Variety Wholesalers
Dec 30, 2024 · Variety Wholesalers, which is privately-held, plans to acquire between 200 and 400 Big Lots stores, while retaining the Big Lots name. The terms of the complicated deal include the purchase of as many as two Big Lots distribution centers outside the state that are currently operated by Big Lots.
Big Lots closing stores: Gordon Brothers deal keeps up to 400 open
Dec 28, 2024 · Variety Wholesalers plans to operate the stores acquired in the deal under the Big Lots brand and may employ current Big Lots employees at the stores and the one or two of Big Lots distribution ...
Big Lots bought by North Carolina based Variety Wholesalers to …
Dec 28, 2024 · Variety Wholesalers, based in Henderson in Vance County, already owns Roses and has now agreed to buy hundreds of Big Lots stores -- and keep them open, saving "thousands of jobs."
Variety Wholesalers to Acquire 200 to 400 Big Lots Stores
Jan 3, 2025 · North Carolina-based Variety Wholesalers will acquire the stores, which it will operate under the Big Lots brand, through Gordon Brothers Retail Partners. Gordon Brothers has entered into a sale transaction with Big Lots that will enable the transfer of assets — including stores, distribution centers and intellectual property — to other ...
Big Lots plans to sell stores to Variety Wholesalers
Dec 30, 2024 · The deal includes transferring 200 to 400 Big Lots stores to Variety Wholesalers, which operates brands like Roses and Maxway, and to continue running the acquired stores under the Big Lots name. Big Lots has not released details on …
Variety Wholesalers strikes deal to buy, keep 200 to 400 Big Lots ...
Dec 28, 2024 · Variety Wholesalers intends to acquire between 200 and 400 Big Lots stores — operating them under the Big Lots brand — and up to two distribution centers, according to Big Lots.
BIG LOTS AGREES TO STRATEGIC TRANSACTION TO FACILITATE …
Dec 27, 2024 · Variety Wholesalers intends to acquire between 200 and 400 Big Lots stores, which it plans to operate under the Big Lots brand moving forward, and up to two distribution centers.
Big Lots secures deal to save hundreds of stores. What we know …
Dec 30, 2024 · A transaction with Boston-based asset liquidation firm Gordon Brothers Retail Partners will result in the transfer of 200 to 400 Big Lots stores to Variety Wholesalers, Inc., the news release said.
Big Lots to transfer some assets to Variety Wholesalers among …
Dec 27, 2024 · Big Lots said on Friday that it has agreed with Gordon Brothers Retail Partners to sell its stores, distribution centers and intellectual property to retailers, including Variety...
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