Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection, as it contends with a pullback in consumer spending and soft sales.. The Columbus, Ohio-based company plans to sell its ...

Major discount chain Big Lots has announced it is filing for Chapter 11 bankruptcy and of the company’s 1,400 stores nationwide, some will close "to ensure that our business operates efficiently" ...

Big Lots, the beleaguered discount retailer that previously warned it had “substantial doubt” about its survival, has filed for bankruptcy.. As part of its Chapter 11 filing, the retailer ...

Ohio-based discount retailer Big Lots has filed for bankruptcy and plans to close more stores under new leadership, the company announced Monday. The retailer said in July it planned to close 35 ...

Big Lots announced on September 9th that it has filed for Chapter 11 bankruptcy protection. The company cited a decline in consumer spending and sluggish sales as primary factors contributing to ...

Big Lots Files For Bankruptcy, But Plans To Stay In Business. Story by couponsinthenews • 1w. B ig Lots’ plan to bring back the bargains will have to be carried out under new ownership.

Big Lots Files for Bankruptcy, But Makes a Promise to All Shoppers. On Monday (Sept. 9) Big Lots made it official and did what everyone was wondering if it was going to have to do or not.

Big Lots listed its assets and liabilities in the range of $1 billion to $10 billion, according to a filing with bankruptcy court in Delaware, which showed creditors in the range of 5,001-10,000.

Big Lots filing comes months after another Columbus-based retailer, Express, filed for bankruptcy protection. In northeast Ohio, Joann filed for bankruptcy about the same time.

Big Lots said it would need to close some locations to continue operating effectively, and it will pay its vendors fully once the bankruptcy is filed.

Big Lots said it filed for bankruptcy protection to facilitate the sale to Nexus, an operator of an assortment of brands such as the Dollar Shave Club, FTD and Sugarbear.

A shopper leaves the Big Lots store on Dec. 4, 2012, in Berlin, Vermont. (AP Photo/Toby Talbot, file) Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection, as it contends with ...