As Big Lots' bankruptcy process continues, more than 460 locations are likely closing because their leases are for sale. What about Tulare?
Despite striking a last minute sale to save hundreds of stores amid bankruptcy, Big Lots is still eyeing hundreds of store closures under its new owners, Gordon Brothers. The Boston-based investment group recently listed several stores' leases for sale, meaning, these locations will likely not remain open.
About 500 Big Lots stores are on the chopping block, including 23 in Ohio, the Dispatch reports. Gordon Brothers, the Boston-based investment group that is buying the Columbus-based Big Lots ...
The company helping Big Lots through its bankruptcy process is selling the leases of more than 460 Big Lots stores across the U.S. – a sign those stores are among those likely to be closing.
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The states with the most Big Lots locations up for sale on the list are Texas (72), New York (49) and Florida (44).
The company that owns the Big Lots brand is selling leases for stores nationwide, it recently said, and numerous Michigan locations are among those affected. Gordon Brothers, which calls itself a global asset expert, currently own Big Lots and is selling leases in 47 states across the country, including in Michigan.
The future of Big Lots in Arizona is finally clear. The company that saved Big Lots from bankruptcy has announced that it plans to close about 500 of the approximately 900 remaining locations ...