Shoppers who cleaned up well during Amazon Prime Day in July will be so happy to hear that Amazon is having another Prime Day-like sales event this October. Like last year's Prime Big Deal Days ...
Shares of Designer Brands Inc. took a dive Wednesday, after the parent of DSW shoe stores reported a surprise decline in quarterly sales, citing weakness in dress and seasonal categories.
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In the 13-week period ending May, Big Lots reported a net loss of $205 million on $1 billion in net sales. In a court filing, it estimated assets of $3.17 billion and debts totaling $3.09 billion.
Earlier this summer, Big Lots told the SEC it planned to close 35 to 40 stores, which quickly grew to hundreds. Additional store closures are expected "as part of the court-supervised sale process." ...
Discount retailer Big Lots Inc. has filed for bankruptcy protection and plans to sell the company's assets and ongoing business in a court-supervised process. The Columbus, Ohio-based company said ...
As part of the court-supervised sale process, the company is continuing to assess its operational footprint, which will include closing additional store locations. Big Lots will also continue to ...
Big Lots sought court protection after suffering from years of declining same-store sales and closing location. It entered into a sale agreement with an affiliate of private equity investor Nexus ...