Big Lots conducts going-out-of-business sales after sale of company falls through WSOC TV [Video]

Post author By Curator
Post date December 21, 2024

NEW YORK — (AP) — Discount chain Big Lots is conducting going-out-of-business sales at its remaining locations after a sale of the company didn’t materialize.

The Columbus, Ohio-based retailer, which sells furniture, home decor and other items, filed for Chapter 11 bankruptcy protection in early September and said private equity firm Nexus Capital Management LP had agreed to acquire “substantially all of the company’s assets.” But on Thursday the chain said it didn’t anticipate completing the purchase agreement. It said it continues to work toward completing an alternative transaction with Nexus or another party.

Big Lots said its goal would be to complete a sale by early January. According to the company’s website, discounts of up to 50% were being offered on the entire assortment goods and it announced all stores were closing.

“We all have worked extremely hard and have taken every step to complete a going concern sale,” said Bruce Thorn, Big Lots’ president and …

Watch/Read More

Tags Business Owner, Small Business Owner, Support Small Business, Women In Business, Work Rrom Home

Most Popular Posts Today

Home Based Business

Big Lots conducts going-out-of-business sales after sale of company falls through Boston 25 News [Video]

Post author By Curator
Post date December 21, 2024

Discount chain Big Lots is conducting going-out-of-business sales at its remaining locations after a sale of the company didnt materialize

Tags Business Coach, Business Opportunity, Businessmen, Entrepreneur, Women In Business

Home Based Business

Steve Boyack, Maple Mountain High School [Video]

Post author By Curator
Post date December 21, 2024

Steve has touched so many lives! He is in his 45th year as a Math Teacher!!! Steve graduated from Utah State and has a Masters from UNLV. He has coached for over 35 years as a Head Basketball and Baseball Coach as well as a varsity assistant in Football, at Las Vegas and Utah. Steve is so dedicated to his students, he attends most home games as many sports and activities as he can! He is retired from coaching but works at all home football games as the head chainsman. He also works all home basketball keeping stats and the scorebook. Steve has 5 children and 13 grandchildren. He recently wrote a book about his life as a Father, teacher, and coach. his book is Coach Your Son to be a Man ( but I also have 3 daughters as well (0: (There is so much more I could say but I am biased) Steve says Every day is the best, No bad days, I love what I do!