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Big Lots, Nexus Capital Management

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 · 2d

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.

8hon MSN

Big Lots preparing to close all stores, including last Minnesota location

The discount retail chain has already closed stores nationwide, with only one Minnesota location remaining in Blaine.

11h

Big Lots to lay off 550 in Ohio as planned acquisition falls through

The company is preparing going out of business sales at all locations. Big Lots plans to complete a sale by early January ...

2d

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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