Big Lots reports declines in Q2, 1st-half sales
Retailer slightly narrows net loss during the same periods, while also reporting $556.1 million in debt which its earnings statement described as in “default and …
Category: Retail
Retail category is about stores and their stories.
Court OKs 1st-day motions to support Big Lots’ ongoing operations
Funding also allows company to continue paying employee wages and benefits while its Chapter 11 bankruptcy and planned sale of assets and operations play out …
Fairdeal Furniture opens Ashley store in Malindi, Kenya
MALINDI, Kenya – Recently, Fairdeal Furniture celebrated the opening of its new 4,000 sq. ft. Ashley Furniture HomeStore showroom located on Malindi Highway, Malindi, Kenya 80103. Fairdeal Furniture …
Labor Day sales highlight challenges, opportunities in different markets
Pockets of strong housing development, relocations help boost fortunes of some retailers HIGH POINT — As expected, Labor Day received mixed reviews from retailers around …
M.N. International opens first Ashley store in Suriname
PARAMARIBO, Suriname – On August 22, M.N. International celebrated the grand opening and ribbon cutting of its new 12,500 sq. ft. Ashley Furniture HomeStore showroom located …
Big Lots bankruptcy filing identifies Top 30 unsecured creditors
COLUMBUS, Ohio — The Top 30 unsecured creditors in Big Lots’ Chapter 11 bankruptcy have just over $74 million in claims, according to documents filed …
Big Lots files for Chapter 11 bankruptcy protection
Affiliate of Nexus Capital Management identified as stalking horse bidder to acquire company assets and business operations COLUMBUS, Ohio — Retailer Big Lots has filed …
Too big to fail? B. Riley, Franchise Group granted reprieves
Since missing the deadline last month to file its second-quarter financials, announcing its largest quarterly loss in company history and disclosing that it is under …
The rebuilding and rebirth of Bacon’s Furniture
Hurricane Ian destroyed Bacon’s Furniture in Port Charlotte, Florida, but thanks to a heroic effort to rebuild the business from the ground up, it’s now …
Another question on Big Lots: What would Paul Broyhill think?
As I was reading Tom Russell’s article last week speculating on the future of Big Lots and the Broyhill brand, I couldn’t help but wonder what …
