Big Lots is liquidating its stores and holding "going out of business" sales at all its locations after a deal with its buyer fell through.is liquidating its stores and holding “going out of business” sales at all its locations after a deal with its buyer fell through.While the company said it is continuing to negotiate with Nexus and exploring other avenues to keep afloat, it is holding going out of business sales at its 908 locations nationwide.
The discount retailer announced deals of 25% off everything in store and mentioned that all of its brick-and-mortar locations would be closing for good,Big Lots announced it is going out of business on Friday, Dec.
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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.
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Big Lots Prepares for 'Going Out of Business' Sales After Sale Falls ThroughBig Lots, facing the collapse of its sale to Nexus Capital Management, is preparing to shut down all its remaining stores. The company will initiate 'going out of business' sales.
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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.
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Big Lots to Begin 'Going Out of Business' SalesBig Lots, facing closure after bankruptcy, will initiate 'going out of business' sales at its remaining stores. The retailer is actively seeking alternative sale options but may proceed with closures if a deal is not reached.
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Big Lots Prepares for 'Going Out of Business' Sales After Sale Falls ThroughBig Lots, the discount retailer, is preparing for a potential closure after its planned sale to Nexus Capital Management collapsed. The company announced it will initiate 'going out of business' sales at its remaining stores while continuing negotiations with Nexus or other parties to find an alternative solution.
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