In a sale brought about by global asset and real estate consulting firm Gordon Brothers, between 200 and 400 Big Lots stores will remain open. $3,500 iPhone possible? What to know 📋 How to talk ...

Gordon Brothers CEO Norma Kuntz, Big Lots Stores' Bruce Thorn (Big Lots Gordon Brothers, Getty) Dec 27, 2024, 11:42 PM. By . Jake Indursky; Save article. SHARE THIS ARTICLE. FONT SIZE. A A A.

In mid-January, Gordon Brothers published a list of Big Lots leases that it was putting up for sale, suggesting that the stores on that list wouldn’t be among those saved.

Gordon Brothers will then transfer Big Lots’ stores, distribution centers and intellectual properties to other retailers, Big Lots said in a news release. Read more trending news .

Four weeks ago, Big Lots and Gordon Brothers announced a deal transferring 200 to 400 of Big Lots’ stores to Variety Wholesalers, Inc., a retail company headquartered in Henderson, North Carolina.

"We are excited to partner with Gordon Brothers to provide a path forward for the Big Lots brand and hundreds of its stores,” said Variety Wholesalers President and CEO Lisa Seigies.

In the latest Big Lots bankruptcy filing, Gordon Brothers plans to sell the leases of 500 stores, including some in Ohio. That's more than half of the 900-plus Big Lots stores currently operating.

There was hope, though, as Big Lots was acquired out of bankruptcy at the last minute by Gordon Brothers Retail Partners. The ...

BOSTON — Gordon Brothers has completed the purchase of Top 100 retailer Big Lots Inc. and facilitated the discounter’s going concern sale. The purchase, which was agreed to in late 2024, enables the ...

Big Lots has been handed a lifeline by Gordon Brothers Retail Partners and Variety Wholesalers to save some 200 to 400 stores along with the jobs of the stores' employees.

COLUMBUS, Ohio — Big Lots has reached a deal that will keep hundreds of its stores and distribution centers open, The discount chain said on Friday that it will be sold to Gordon Brothers Retail ...