![Big Lots files for Chapter 11 bankruptcy protection, plans to sell assets to Nexus Capital [Video]](https://smallbizsage.com/wp-content/uploads/2024/09/mp_310064_0_15282262biglotsjpg.jpg)
Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection, as it contends with a pullback in consumer spending and soft sales.
Business Woman
![Big Lots files for Chapter 11 bankruptcy protection NBC4 Washington [Video]](https://smallbizsage.com/wp-content/uploads/2024/09/mp_309849_0_GettyImages2156546782jpg.jpg)
The Ohio-based retailer plans to sell its assets and ongoing business operations to private equity firm Nexus Capital Management.
![Big Lots: More store closings coming as it files for bankruptcy [Video]](https://smallbizsage.com/wp-content/uploads/2024/09/mp_309818_0_e85fdf394add4454ae102e690e87d6661140x641jpg.jpg)
The discount retailer added that it does plan to close some stores, but didn’t specify how many or what locations would be impacted.
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Not Your Grandmas Trailer House, July 2024 Statistics Show Healthy Manufactured Home Production Jump in HUD Code Manufactured Housing, MHARR-MHI-IBTS-Axios-Census Graphics-Analysis, Manufactured Housing Association for Regulatory Reform, Manufactured Housing Institute, IBTS, HUD, FHFA, affordable housing crisis, Key Performance Indicators, 9.4.2024 MHMarkets,
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Solar power output is inconsistent, sometimes too little meet demand and other times so much that some of it goes to waste. Batteries can help smooth things out.
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Tualatin-based company Meter aims to hire 500 people to manufacture and maintain backpack-sized batteries that can power homes and businesses.
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A Mississippi couple is facing charges after allegedly installing faulty and used fire suppression systems in commercial kitchens.