COLUMBUS, Ohio — Big Lots, Inc. announced today that it has received court approval to sell most of its assets and operations to an affiliate of Nexus Capital Management LP. The sale, which is ...

The 19 new closures include five stores in California, three stores in Texas and Oregon, two in Florida and Nevada, and ...

In September 2024, Big Lots signed an agreement with a Nexus Capital affiliate for the sale. The company and its subsidiaries ...

Objections to the proposed sale are due by Nov. 6 ... delisted from the New York Stock Exchange. Spending on furniture, which was Big Lots' single biggest business segment, dried up after a ...

Columbus-based Big Lots will seek court approval of its sale to a private equity firm at a hearing scheduled for Nov. 12. Nexus Capital Management plans to pay $765 million for the discount retailer.

Ollie’s, a rival to Big Lots in the closeout retailing realm, is now converting 17 former Big Lots into Ollie’s, while Burlington’s tally is now 15 former Big Lots. The other notable retailer picking ...