News for Big Lots, Inc. (0HN5.L)

Sale of U.S. closeout retailer's assets, including stores, distribution centers and intellectual property, to other retailers and companies will preserve brand and prevent layoffs

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The Columbus, Ohio-based company, which filed for Chapter 11 bankruptcy, plans to close about 20% of its 1,400 U.S. outlets.

Bankrupt Big Lots Inc. has struck a deal to save hundreds of stores after an earlier sale of the business fell apart, saving the chain from closing down entirely.

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Big Lots filed for Chapter 11 bankruptcy and announced a sale of assets to Nexus Capital. Competitor Ollie's Bargain may gain market share from store closures.

Big Lots announced it will likely not complete its purchase agreement to sell off its assets as part of a Chapter 11 bankruptcy, and is holding Going Out Of Business sales now.

(Bloomberg) -- Bankrupt retailer Big Lots Inc. no longer anticipates it can complete its asset sale to private equity firm Nexus Capital Management LP and will commence the sale of its stores in coming days to protect the value of its real estate.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalThe discount chain that emplo

Analysts raise Ollie's price targets, citing strong earnings, unit growth, and market share potential despite challenges.

PR NewswireCOLUMBUS, Ohio, Dec. 4, 2024 COLUMBUS, Ohio, Dec. 4, 2024 /PRNewswire/ -- Big Lots, Inc. (OTC: BIGGQ) unveiled its BIG Ho-Ho Holiday Hunt, a tre

A predicted slide in Halloween consumption is the latest blow for heavily-indebted retailers battling mounting overheads and the trend of consumers trading down to cheaper products.

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Loading... Loading... Shares of Alibaba Group Holding Limited BABA fell sharply during Tuesday's session following mixed first-quarter financial results. The ...

Shares of Big Lots, Inc. (NYSE: BIG) fell sharply during Monday’s session after the company reported preliminary fourth-quarter results. Also, Loop Capital downgraded the stock from Hold to Sell and lowered its price target from $6 to $1.

On Wednesday, 311 stocks hit new 52-week lows.

The following are some of the stocks making big moves in Thursday's pre-market trading (as of 07.25 A.M. ET)..

A list of the current most shorted stocks right now can be a great place to look for potential deep dip value buys. The stocks with the highest short interest on major U.S. stock exchanges is also a good list to watch and stay updated for potential short squeeze opportunities. Highest Short Interest Stocks 2022 The below

Gainers Bright Green Corp. (NASDAQ: BGXX) jumped 90.5% to close at $48.08 on Wednesday. Bright Green Corporation, went public on the NASDAQ Tuesday, becoming the first U.S. plant-touching company to list on a major U.S. stock exchange.