Earlier this week discount retailer, BigLots announced that it had filed for Chapter 11 bankruptcy and plans to sell the business to Nexus Capital Management. The retailer is also in the midst of ...
BigLots, which sells furniture, home decor and other items, said in a statement on Monday that high inflation and interest rates have hurt its business as consumers have pulled back on their ...
“I’ve bought some furniture here I really like.” At the BigLots in Allegheny Township — the only remaining store in the otherwise empty Allegheny Plaza — Liane Newell said she gets what ...
Another three BigLots stores in Ohio are closing amid the company's bankruptcy, bringing the total for the state to 11. The Columbus-based discount chain announced in June that it would close ...
So if you've been thinking about a new sofa ... including furniture, décor, pantry and more. It fulfills its mission to help customers "Live BIG and Save LOTS" with sourcing strategies to ...
Discount home goods retailer BigLots has filed for bankruptcy after high interest rates and a slow housing market reduced demand for its low-priced furniture and decor The company has agreed to ...
A variety of factors have led to the decline. Spending on furniture, which was BigLots' single biggest business segment, dried up after a Covid-19-driven boom and the company, by its own ...
9, the retailer confirmed it has entered into an agreement with Nexus Capital Management in which the private equity firm “has agreed to acquire substantially all” of BigLots’ “assets and ...
PITTSFIELD — Nearly three years ago, BigLots packed up its storefront in the Allendale Shopping ... trends as the roots of its financial troubles. The fall in demand for furniture, appliances ...
Over the summer, BigLots is closing up to 40 of its stores across the country. That number jumped up into the hundreds only a little while later, when the retailer added even more stores to the ...