News for Big Lots, Inc. (BIG)

PR NewswireDALLAS, Feb. 18, 2025 DALLAS, Feb. 18, 2025 /PRNewswire/ -- Brinker International, Inc. (NYSE: EAT), one of the world's leading casual dining re

Market Overview Analysis by Jeffrey Roach covering: . Read Jeffrey Roach's latest article on Investing.com

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

(Bloomberg) -- Corporate-bond valuations are in nosebleed territory, flashing their biggest warning in almost 30 years as an influx of money from pension fund managers and insurers boosts competition for assets. So far, investors are sanguine about the risk.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueBurned-Out Parents Need Better Public SpacesDetroit’s Michigan Central Is the Building Revival Story of 2

Big Lots approved for last-minute sale of 200 to 400 stores

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.

Big Lots to transfer some assets to Variety Wholesalers among others

(Bloomberg) -- In 2022, after the Federal Reserve started raising rates at the fastest pace in decades, some blue-chip US companies vowed to start cutting their debt loads. Those days may be over now. Most Read from BloombergThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More Dange

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

Earnings call: PROG Holdings reports robust Q3 growth, raises outlook

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.

(Bloomberg) -- 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.Most Read from BloombergThe Master Plan That Shaped Pakistan’s Capital Is No Longer WorkingThe Cablebus Transformed Commutes in Mexico City’s Populous OutskirtsAs Brussels Booms, an Old Boogeyman Returns: BrusselizationChicago Marathon to Honor Kenyan Who Died After His World RecordSan Francisco to Shut

Despite a lighter earnings calendar next week, several high-profile companies are set to report their financial results, which could significantly influence mar

Earnings call: Ollie's Bargain Outlet sees strong Q2 with sales up 12%