Big Lots Initiates Store Closures Following Failed Sale Attempt – NewNooz
Discount retailer Big Lots has announced the commencement of going-out-of-business sales across its remaining stores. This move comes after the company failed to secure a sale amid its bankruptcy proceedings. The Columbus, Ohio-based retailer, known for offering affordable home furnishings and decor, had initially planned to sell its assets to Nexus Capital Management LP. After…