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 layoffsBoston, Jan. 09, 2025 ...

A buyer acquired the bankrupt Big Lots and will save hundreds of stores. Gordon Brothers, a property liquidator, bought the ...

The company said in a news release that it signed a sale agreement with Gordon Brothers Retail Partners, a Boston investment ...

Nearly half of Big Lots’ stores could be saved under a new deal, but questions remain on whether Franklin’s store will be included.

From Big Lots and Rite Aid to Sam Ash and Rue21 — retailers closed thousands of stores in 2024. Here are some of the most ...

Thousands of jobs hang in the balance without immediate answers after nationwide retailer Big Lots announced during a going-out-of-business sale in December that it had reached a deal to be sold.

Early last year, Walgreens CEO Tim Wentworth said, “I think the story for 2024 is pretty straightforward. It’s reenergize the ...

The tween category was a staple for brands like Wet Seal and Delia’s, that have since faded from the spotlight as stores didn ...

TORONTO, Jan. 09, 2025 (GLOBE NEWSWIRE) -- PaayaTech, a provider of customized IT software solutions, has announced the ...

Titusville City Council, during its return to the Towne Square Building to open its 2025 calendar on Wednesday evening, set a new city debt level to receive financing for the ...

As they filed into the front pews at Washington National Cathedral, wearing dark suits and mostly solemn faces, five current and former presidents came together for Jimmy ...

Horizon Technology Finance, an affiliate of Monroe Capital, provided a $35 million venture loan facility to Onkos Surgical, of which $30 million has been initially funded. Onkos intends to use the ...