Discount retailer Big Lots previously announced it would close all of its remaining locations, but the acquisition means some ...
Gordon Brothers supported the transaction by helping Big Lots secure a $200 million delayed draw term loan and a $150 million ...
Up to a half of Big Lots stores look set to be saved after it agreed to a transaction with Gordon Brothers Retail Partner ...
Less than 10 days after Big Lots announced a purchase agreement had fallen through, the discount retailer has agreed to a new ...
Nearly half of Big Lots’ stores could be saved under a new deal, but questions remain on whether Franklin’s store will be ...
Variety Wholesalers owns more than 400 retail stores in the Southeastern and Mid-Atlantic states that operate under the names ...
Jeff King, vice president for sales and marketing for Variety Wholesalers, said the company still is analyzing which properties it should acquire.
The two parties entered into agreement for the deal late last in 2024. This strategic move allows Variety Wholesalers to take over several store outlets, ranging from 200 to 400 stores ...
The company said in a news release that it signed a sale agreement with Gordon Brothers Retail Partners, a Boston investment ...
Variety Wholesalers Inc. has announced plans to acquire between 200 and 400 Big Lots stores, in the midst of the retailer’s - Company news, Investment sales, News, North Carolina ...
Gordon Brothers Retail Partners has just thrown a lifeline to closeout retailer Big Lots after a previous deal with Nexus Capital Management to acquire the company fell through. Before Gordon ...
"The strategic sale to Gordon Brothers and the transfer to Variety Wholesalers is a favorable and significant achievement for Big Lots..." ...