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9 wrz 2024 · Big Lots, Inc. and its subsidiaries initiated voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware on September 9, 2024. The Company has entered into an asset purchase agreement with Nexus Capital Management LP and secured $707.5 million of financing to support the sale process.
9 wrz 2024 · Big Lots said Monday that it has filed for Chapter 11 bankruptcy protection from its debts, with the discount retailer citing inflation and high interest rates for hurting its business.
9 wrz 2024 · 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...
9 wrz 2024 · U.S. discount home goods retailer Big Lots said on Monday it has secured $707.5 million to support its operations and sell its business to private equity firm Nexus Capital, as it has initiated...
9 wrz 2024 · The discount home goods retailer plans to close nearly 300 stores and operate normally as it seeks new owners. It cites inflation, interest rates and a slowdown in consumer spending as challenges.
9 wrz 2024 · The home goods and furniture retailer filed for Chapter 11 bankruptcy and agreed to sell itself to Nexus Capital Management. The deal will close in the fourth quarter if it doesn't get better offers, and the company will also close some store locations.
9 wrz 2024 · Big Lots sought court protection after suffering from years of declining same-store sales and closing location. It entered into a sale agreement with an affiliate of private equity investor Nexus Capital Management LP, according to the retailer’s announcement.
