Popular retail chain, Big Lots, announced plans for a going out of business sale at all remaining store locations in the coming days.The company also announced that it does not anticipate completing its purchase agreement with Nexus Capital Management, but will continue to "work toward completing an alternative going concern transaction with Nexus or another party.Their goal is to complete the sale by early January.
While we remain hopeful that we can close an alternative going concern transaction, in order to protect the value of the Big Lots estate, we have made the difficult decision to begin the GOB process," Bruce Thorn, Big Lots' President and Chief Executive Officer, said in a statement. Big Lots plans to continue in-store and online sales.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Big Lots to start 'going out of business' sales at its remaining locationsBig Lots is preparing to close its remaining 963 locations after a sale to save the bankrupt retailer fell through.
مصدر: KSLcom - 🏆 549. / 51 اقرأ أكثر »
Big Lots to start holding 'Going out of Business' sales at remaining locationsBig Lots announced it will likely not complete its purchase agreement to sell off its assets as part of a Chapter 11 bankruptcy, and is holding Going Out Of Business sales now.
مصدر: FOX4 - 🏆 289. / 63 اقرأ أكثر »
Big Lots preparing going-out-of-business sales at all remaining locationsBig Lots announced on Thursday it would be beginning going-out-of-business (GOB) sales at all remaining locations across the United States.
مصدر: ksatnews - 🏆 442. / 53 اقرأ أكثر »
Big Lots Prepares for 'Going Out of Business' Sales After Sale Deal Falls ThroughBig Lots announced Thursday that its anticipated sale to Nexus Capital Management has fallen through. As a result, the retailer is preparing to host 'going out of business' sales at all remaining stores. However, Big Lots remains hopeful and is continuing to work towards completing an alternative transaction with Nexus or another party.
مصدر: wsfa12news - 🏆 338. / 59 اقرأ أكثر »
Big Lots to Begin 'Going Out of Business' Sales After Bankruptcy FilingBig Lots, a discount retailer, will start 'going out of business' sales at its remaining stores. This comes after the company filed for bankruptcy and failed to complete a sale to Nexus Capital Management. Big Lots CEO Bruce Thorn stated that the company is still pursuing other sale options and hopes to finalize a deal by January.
مصدر: NBCDFW - 🏆 288. / 63 اقرأ أكثر »