News Formal

Big Lots Prepares for 'Going Out of Business' Sales After Sale Falls Through

  • 📰 WTVYNews4
  • ⏱ Reading Time:
  • 21 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

Retail ニュース

Big Lots,Going Out Of Business,Retailer

Big 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.

Big Lots is preparing to go out of business. On Thursday, the retailer announced that its anticipated sale to Nexus Capital Management fell through. In response, Big Lots said it is preparing to host “going out of business” sales at all remaining stores. However, Big Lots said it remains hopeful and is continuing to work toward “completing an alternative going concern transaction with Nexus or another party.

”\“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,” said Bruce Thorn, Big Lots' President and Chief Executive Officer. Big Lots said it is continuing to serve customers in stores and online for now and will provide further updates as they become available

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 590. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

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.
ソース: wsfa12news - 🏆 338. / 59 続きを読む »

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.
ソース: FOX10News - 🏆 581. / 51 続きを読む »