Big Lots has been handed a lifeline by Gordon Brothers Retail Partners and Variety Wholesalers to save some 200 to 400 stores along with the jobs of the stores' employees.

Big Lots, which filed for bankruptcy in September, has reached a deal to keep hundreds of its stores open. The retailer on Friday announced a transaction with Boston-based asset liquidation firm ...

Gordon Brothers is buying Big Lots out of bankruptcy with plans to transfer 200 to 400 of the stores to Variety Wholesalers, the North Carolina company that operates Roses and multiple dollar ...

Ollie’s Bargain Outlet Holdings, Inc. announced the acquisitions from Gordon Brothers, a liquidation firm handling the sale of Big Lots locations, on Feb. 27.