Columbus-based closeout retailer Big Lots is weighing a possible bankruptcy filing, according to a report that sent shares tumbling.
Big Lots shares tumbled following reports the discount retailer is considering filing for bankruptcy protection in the coming weeks.
Big Lots did not immediately reply to a Reuters request for comment. Big Lots is attempting to shore up its liquidity that has been pressured by a sales decline over the last two years as high ...
But if the company is unable to find a buyer or a lender willing to pump additional liquidity into the company, Debtwire’s Foss said Big Lots itself may end up liquidating in bankruptcy, following a ...
Big Lots accented its logo with an exclamation point. Today, a question mark might be more appropriate. Two decades ago, Big ...
Big Lots is among troubled retailers that have been hurt by a slowdown in home spending. Furniture retailer Conn’s Inc. filed for bankruptcy in July, while LL Flooring Holdings Inc., formerly known as ...
I bought over $2000 worth of furniture at the Big Lots in Cheyenne, WY. When I purchased the Broyhill, Wellsley Collection power recliner and sofa set, and the sales rep told me that the chassis ...
To achieve that goal, Thorn said Big Lots wants to grow its extreme bargain penetration to 50% by the end of the year. Furniture comprised 29% of the company’s Q1 sales, followed by consumables ...
Big Lots plans to close as many as 315 stores nationwide, the embattled discount retailer disclosed in a regulatory filing. In addition to the closures, Big Lots detailed updated loan terms that ...
Big Lots Inc. has more than doubled the number ... How Abercrombie & Fitch managed a big comeback & why Express has not National furniture brand coming to Columbus with its first stores National ...
select recliners for $179.99 and 30% off all apparel. All Big Lo Big Lots, Inc. (NYSE: BIG), one of America's largest home discount retailers, is turning every Friday into a Black Friday-level ...
Big box discount retailer Big Lots announced they will be closing up to 315 more stores. Last month the store said it was closing 35-40 stores by the end of the year, however the embattled company ...