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Discount retailer Big Lots has filed for bankruptcy and agreed to sell its assets to an affiliate of private equity firm Nexus Capital Management, the companies announced Monday. The home goods ...

Big Lots said Monday that it has filed for Chapter 11 bankruptcy protection from its debts, with the discount retailer citing inflation and high interest rates for hurting its business.

NEW YORK — Big Lots, the beleaguered discount retailer that previously warned it had “substantial doubt” about its survival, has filed for bankruptcy. As part of its Chapter 11 filing ...

U.S. discount retail chain Big Lots filed for bankruptcy and agreed to sell itself to an affiliate of private-equity firm Nexus Capital Management. The Columbus, Ohio-based company named Nexus as ...

(Gray News) - Financial woes have hit another big discount retailer. Big Lots announced that it is filing for Chapter 11 bankruptcy on Monday. The retailer blamed several economic factors for the ...

The Chapter 11 filing from discount home goods retailer Big Lots is the latest from big American retailers and restaurant chains, with the highest profile until now being Red Lobster.

Big Lots said Monday the retail discount chain is filing for bankruptcy, citing such factors as high inflation and interest rates. The company is filing for chapter 11 bankruptcy in which Nexus ...