Big Lots Files for Bankruptcy to Facilitate Sale
Retail TouchPoints
SEPTEMBER 9, 2024
Bankruptcy Court for the District of Delaware in order to facilitate its sale to an affiliate of Nexus Capital Management. Nexus has agreed to acquire all of the retailer’s assets and ongoing business operations; financial details were not disclosed. Closeout retailer Big Lots has filed for Chapter 11 protection in the U.S.
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