Bankrupt retailer Big Lots Inc. no longer anticipates it can complete its asset sale to private equity firm Nexus Capital Management and will beginning selling its stores in coming days to protect ...

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Big Lots’ original plan was a sale to Los Angeles-based hedge fund Nexus Capital Management. And while a sale is still possible, the initial plan did not work. Nexus Capital previously purchased ...

In a press release, the company said it is “preparing to commence going out of business sales at all remaining Big Lots store locations in the coming days.” The decision comes after the company failed ...

"We all have worked extremely hard and have taken every step to complete a going concern sale," Big Lots CEO Bruce Thorn said in a statement. "While we remain hopeful that we can close an ...

The sale comes after plans to develop the resort into a destination ski resort fell through ... Carla Ritchie, for instance, said she prefers the mountain to keep its family-skiing feel. “Personally, ...

Here's the latest on Big Lots' closing sale and what it means for you. Big Lots' leadership said in press release issued the week before Christmas that it plans to order steep discounts at all ...

In September 2024, Big Lots signed an agreement with a Nexus Capital affiliate for the sale. The company and its subsidiaries filed for a voluntary Chapter 11 proceedings in the US Bankruptcy ...

However, Big Lots is working to complete another purchase agreement with Nexus or another party, according to the statement, with the goal of having the sale complete by early January. Big Lots to ...

It’s a big saving for me,” he said. “My wedding shopping is almost halfway done, and I’ve saved a lot so far. I plan to shop for more items before the sale ends.” With extended hours and ...

Big Lots announced it will shutter all 963 stores, launching “going out of business” sales after a failed sale to Nexus Capital Management. The retailer, which filed for bankruptcy in September, has ...

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