Big Lots Announces ‘Going Out Of Business Sale’ As Nexus Acquisition Falls Through
Big Lots is putting everything in its 900 stores on sale with plans to close the business in early 2025 unless a buyer is found to save some or all of the company.
Big Lots sale to Nexus falls apart, raising likelihood business will close
The discount chain that employs more than 27,000 people said in a statement Thursday it continues to look for another way to stay in business.
Big Lots to start 'going out of business' sale at all remaining locations
Popular retail chain, Big Lots, announced plans for a going out of business ("GOB") sale at all remaining store locations in the coming days.
Big Lots to close all stores after bankruptcy and failed sale with Nexus Capital
Big Lots is preparing to close all remaining locations, following the closure of hundreds of stores and filing for Chapter 11 bankruptcy.
Big Lots Plan to Sell Business to Nexus Capital Falls Apart
Big Lots Inc. does not expect to complete a planned sale of its business to private equity firm Nexus Capital Management LP, putting the discount retailer that employs more than 27,000 people at risk of liquidation.
Big Lots Sale to Nexus Falls Apart, Plans to Close Business (1)
Bankrupt retailer Big Lots Inc. no longer anticipates it can complete its asset sale to private equity firm Nexus Capital Management LP and will commence the sale of its stores in coming days to protect the value of its real estate.
Big Lots announces more going out of business sales as chain starts to shut down
Reno's two Big Lots locations were among more than 400 that closed in 2024, with the remainder set to hold going out of business sales. In September, Big Lots filed for Chapter 11 bankruptcy protection weeks after announcing plans to close 340 stores across the United States.
Big Lots says it will hold going-out-of-business sales at its remaining stores as it tries to find a buyer
Big Lots doesn't expect to close a deal to sell itself to Nexus Capital Management, but it's not officially going out of business.
Big Lots is planning "going out of business" sales at all of its stores
Big Lots is preparing to close all of its stores, the bankrupt discount retailer said Thursday. The company had previously planned to sell its assets to private equity firm Nexus Capital Management, but that deal is no longer expected to proceed,
Big Lots liquidation looms after plan to sell to Nexus Capital falls apart
Columbus, Ohio-based Big Lots has suffered from declining sales for years, including in recent quarters, as rising inflation ...
Nexus Family Recovery Center receives $1,000 donation as part of CBS News Texas 11 Days of Giving
"I owe every positive thing in my life to taking those first steps into recovery," said Heather Ormand, CEO of Nexus Family ...
No longer a rumor, the Nexus G1’s modular design and adaptive lens mount is what happens when filmmakers make cameras
A new company will launch a cinema camera in 2025 that puts the Blackmagic 6K sensor into a modular, boxy design ...
News Shooter8d
Nexus G1 Updates include electronic ND and Active EF Lens mount and more
We have an update on the Nexus G1, designed around the Blackmagic 6k Super 35 Raw imaging system. They have added several new ...
BizPac Review1d
Todd Robinson nomination confirms Joe Biden’s criminal nexus
Op-ed views and opinions expressed are solely those of the author. Joe Biden’snominationof Todd Robinson to career ambassador confirms the two men’s criminal nexus. As US ambassador […] ...
'Catalytic' development would come near Campbellton Road in Southwest Atlanta
A nearly $540 million project is planned in Southwest Atlanta near a future transit line MARTA plans along Campbellton Road.