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...
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...
Big Lots closing stores: Gordon Brothers deal keeps up to 400 open
Dec 28, 2024 · Variety Wholesalers of Hendersonville, North Carolina owns more than 400 stores in the Mid-Atlantic and Southeast; among the chains it operates are Roses, Roses Express, Maxway, Bill's Dollar ...
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."
Big Lots Secures Lifeline Deal with Henderson-Based Variety …
Dec 29, 2024 · Big Lots has partnered with Gordon Brothers Retail Partners, a firm specializing in distressed companies, to facilitate the transfer of its brand, stores, and distribution centers. A key component of the deal involves Henderson, North Carolina-based Variety Wholesalers Inc., a company that owns Roses, Super 10, Bill’s Dollar Stores, and Maxway.
News | Variety Wholesalers strikes deal to buy, keep 200 to 400 …
Dec 28, 2024 · 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 plans to sell stores to Variety Wholesalers
Dec 30, 2024 · The deal includes transferring 200 to 400 Big Lots stores to Variety Wholesalers, which operates brands like Roses and Maxway, and to continue running the acquired stores under the Big Lots name. Big Lots has not released details on …
Company buying Big Lots announces hundreds of store closings
Variety also plans to acquire up to two former Big Lots distribution centers and said in a news release that it may employ former Big Lots workers at the stores and warehouses.
Pope’s Variety Wholesalers may buy 200-400 Big Lots stores
Dec 27, 2024 · Variety Wholesalers, the Henderson-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. Variety agreed to a deal with Gordon Brothers Retail Partners that will involve transferring Big Lots’ brand and stores. It still requires ...
Big Lots bankruptcy: Roses owner Variety Wholesalers to buy …
Dec 29, 2024 · Variety Wholesalers owns more than 400 discount stores in the Southeast and Mid-Atlantic region under the Roses, Roses Express, Maxway, Bill's Dollar Stores, Super 10, Super Dollar and Bargain...
- Some results have been removed