(Bloomberg) -- Lenders to discount retailer Big Lots Inc. are talking to Nexus Capital Management about how the private equity firm would finance its $760 million bid to buy the company and bring it ...
Discount retailer Big Lots has filed for bankruptcy and agreed to sell its assets to an affiliate of private equity firm Nexus Capital Management, the companies announced Monday. The home goods ...
Popular discount retailer Big Lots has filed for Chapter 11 bankruptcy protection. As part of the bankruptcy and restructuring, 295 stores have already begun to shut down in what the company says ...
Big Lots said Monday the retail discount chain is filing for bankruptcy, citing such factors as high inflation and interest rates. The company is filing for chapter 11 bankruptcy in which Nexus ...
Big Lots, the beleaguered discount retailer that previously warned it had “substantial doubt” about its survival, has filed for bankruptcy.As part of its Chapter 11 filing, the retailer ...
Big Lots has filed for Chapter 11 bankruptcy. The discount retailer previously expressed "substantial doubt" about its ability to continue operating. Private equity firm Nexus Capital will ...
Big Lots blamed several economic factors for its bankruptcy, including high inflation and interest rates. That has led customers to change their purchasing behavior. They’re seeking out value ...
(RTTNews) - Discount home goods retailer Big Lots, Inc. (BIG) announced Monday that it has entered into an agreement to be acquired by an affiliate of Nexus Capital Management LP. The deal will ...
In a notable pivot for retail landscapes, Big Lots, the budget-focused chain known for household goods and furnishings, has succumbed to financial pressures and entered Chapter 11 bankruptcy ...
Wyoming will lose its Big Lots store in Cheyenne, which has already announced a liquidation sale of up to 40% off for the store located at 3501 E. Lincolnway. Meanwhile, the Casper store at 2141 E.
National retailer LL Flooring, previously known as Lumber Liquidators, has announced it is getting out of business after 30 years following a failed effort to find a buyer just weeks after filing ...