Big Lots, Inc. Stock News

Popular Black Friday event will return for 2024 with special one-day deals every Friday Offers up to 50% off on single items or collections across product categories Black Fridays at Big Lots kick off this Friday the 13th with 50% off all Halloween decor COLUMBUS, Ohio , Sept. 12, 2024 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG), today announced that 'Black Friday Fridays' will return this year,...

Three days after Big Lots announced a Chapter 11 restructuring and acquisition by Nexus Capital Management, Big Lots President and CEO Bruce Thorn offered an overview of the company's performance and strategic direction during the second-quarter earnings call Thursday (Sept. 12). Second-quarter comparable sales fell 14.

Secures Interim Approval to Access Debtor-in-Possession Financing Reiterates Commitment to Continue Providing Customers with Unmistakable Value and Extreme Bargains COLUMBUS, Ohio , Sept. 11, 2024 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) (the "Company") today announced that it received interim Court approval for certain "first day" motions related to the Company's voluntary Chapter 11 proceed...

And CEO Tom Shea from the newly public OneStream joins us to talk about what the company can do for customers.

As Big Lots embarks on a Chapter 11 restructuring and prepares for acquisition by Nexus Capital Management, retail analysts are evaluating the company's future amid a challenging market. They note this bankruptcy filing not only signals deep-rooted issues in Big Lots' business model, but also underscores the economic pressures confronting it.

NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common shares of Big Lots, Inc. (the “Company”) — ticker symbol BIG — from the NYSE. Trading in the Company's common shares will be suspended immediately. NYSE Regulation reached its decision that the Company is no...

Discount home goods retailer Big Lots has filed for Chapter 11 bankruptcy protection, citing high interest rates and a sluggish housing market that have dampened demand for its low-priced furniture and decor. The filing comes as the company faces significant financial challenges, including declining sales and mounting debt.

Big Lots, which sells furniture, home decor and other items, said in a statement that high inflation and interest rates have hurt its business as consumers have pulled back on their home and seasonal product purchases