Big Lots has reached a deal that will save hundreds of its retail stores if it's approved. It's set to appear in bankruptcy court on Monday.

Less than 10 days after Big Lots announced a purchase agreement had fallen through, the discount retailer has agreed to a new deal.

We are grateful to our associates nationwide for their grit and resilience throughout this process," said Bruce Thorn, Big Lots' president and chief executive. It's unclear how many Big Lots employees could remain but up to 555 corporate employees were at ...

Bankrupt discount retail chain Big Lots says it will be able to keep hundreds of its stores open after executing a strategic sale transaction with a Boston asset management firm.

Big Lots has reached a deal that will keep hundreds of its stores open after filing for bankruptcy protection earlier this year.

Big Lots announced on Saturday it has agreed to a sale transaction which will enable the transfer of its assets to other retailers.

Some of these Big Lots locations could now be run by Variety Wholesalers, Inc., who owns and runs stores like: Roses, Roses Express, Maxway, Bill’s Dollar Stores, Super 10, Super Dollar, and Bargain Town, in the southeast and Mid-Atlantic, according to a Big Lots press release.

Big Lots will no longer be closing all remaining stores after agreeing to a sale this week. The national retailer announced Friday, Dec. 27 it struck a deal that will save hundreds of stores, thousands of jobs and keep the brand alive.

Big Lots, which filed for bankruptcy in September, said that it reached an agreement with Gordon Brothers Retail Partners that would keep hundreds of stores open and save thousands of jobs. The Columbus,