Half Of Big Lots Stores Could Be Saved In Variety Wholesalers …
Jan 3, 2025 · Up to a half of Big Lots stores will be saved after it agreed to a transaction with Gordon Brothers Retail Partner that enables the transfer of Big Lots assets. The close-out retailer, which filed...
Big Lots’ new deal could keep up to 400 stores open
Dec 30, 2024 · Big Lots announced Friday a transaction that could leave up to 400 of its stores open after an earlier announcement that all stores would close. The company had more than 1,300 stores when it...
Big Lots to sell assets, including 6 CT stores, to Variety Wholesalers
Dec 30, 2024 · Big Lots officials announced late Friday that they have agreed to a deal in which the financially-troubled company will transfer its assets — including stores, distribution centers, and intellectual property — to Boston-based Gordon Brothers Retail Partners.
Big Lots bought by North Carolina based Variety Wholesalers to …
Dec 28, 2024 · Variety Wholesalers, based in Henderson in Vance County, already owns Roses and has now agreed to buy hundreds of Big Lots stores -- and keep them open, saving "thousands of jobs."
News | Variety Wholesalers strikes deal to buy, keep 200 to 400 …
Variety Wholesalers intends to acquire between 200 and 400 Big Lots stores — operating them under the Big Lots brand — and up to two distribution centers, according to Big Lots.
Big Lots averts total liquidation with store sale to Roses ... - Axios
Dec 27, 2024 · Bankrupt retailer Big Lots said Friday it struck an 11th-hour deal to save hundreds of its stores via a sale to Gordon Brothers and Variety Wholesalers. Why it matters: The Columbus, Ohio-based company had about 27,700 employees and more than 1,300 stores in 48 states when it filed for Chapter 11 bankruptcy protection in September.
Pope’s Variety Wholesalers may buy 200-400 Big Lots stores
Dec 27, 2024 · Variety Wholesalers, the Raleigh-based discount store company owned by Art Pope, says it is buying 200 to 400 Big Lots stores in a move that may save thousands of retail jobs in hundreds of communities.
Why Variety Store Chain Dollar General's Shares Are Surging Today
Mar 14, 2024 · shares are trading higher after the company reported a four-quarter FY23 sales decline of 3.4% year-on-year to $9.858 billion, beating the analyst consensus estimate of $9.783 billion. The decrease...
Art Pope’s Variety Wholesalers comes up Roses amid recent retail …
Jul 3, 2017 · Our interest focuses on how Pope’s Variety Wholesalers — the holding company whose flagship chain is Roses — is faring amid unprecedented retail tumult. Pope won’t share financial specifics for his company, which has no public stock or debt, so Variety’s performance is hard to measure.
The Most Populous Chain Stores in America - Newsweek
Oct 2, 2021 · Chain stores may be in decline due to the growing prevalence of online shopping, but data suggests stores still play a pivotal role in today's retail world. The U.S. National Retail Federation's...