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Big Lots, Sale and Nexus

Big Lots Announces ‘Going Out Of Business Sale’ As Nexus Acquisition Falls Through

Big Lots is putting everything in its 900 stores on sale with plans to close the business in early 2025 unless a buyer is found to save some or all of the company.

Los Angeles Times · 5d

Big Lots sale to Nexus falls apart, raising likelihood business will close

The discount chain that employs more than 27,000 people said in a statement Thursday it continues to look for another way to stay in business.

Big Lots is planning "going out of business" sales at all of its stores

Big Lots filed for bankruptcy protection in September, saying it intended to sell its business to Nexus. In August, Big Lots announced its intention close up to 315 stores, and in October disclosed plans to shut down another 56 locations in 27 states.

15h

‘Big Lots is over’: Man shows $75.14 worth of items ringing up to 53 cents at Big Lots. Here’s how

“When i went to the big lots in my town when it was closing not everything was even on sale and the things on sale were like ...

5don MSN

Big Lots Plan to Sell Business to Nexus Capital Falls Apart

Big Lots Inc. does not expect to complete a planned sale of its business to private equity firm Nexus Capital Management LP, ...

4d

Big Lots deal falls apart, 'going out of business' sales planned at all locations

Big Lots, which is in the middle of a Chapter 11 bankruptcy reorganization, is preparing going out of business sales at all ...

5d

Big Lots liquidation looms after plan to sell to Nexus Capital falls apart

Columbus, Ohio-based Big Lots has suffered from declining sales for years, including in recent quarters, as rising inflation ...

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