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This agreement allows Variety Wholesalers Inc. to acquire 200 to 400 Big Lots stores under the Big Lots brand and up to two distribution centers. Big Lots has around 872 stores throughout the U.S.
Variety Wholesalers wound up buying a total of 219 of the discount retailer’s locations, it said. The company has three other waves of Big Lots launches in the pipeline, according to its release.
Variety Wholesalers brought most of this merchandise over before the tariffs hit, loading up inventory in anticipation of its negotiations to acquire Big Lots being successful.
Variety Wholesalers president and CEO Lisa Seigies discusses why the company was worth restoring on 'The Claman Countdown.' Nearly 80 more Big Lots stores are slated to reopen this week.
As part of the deal, Variety Wholesalers was set to acquire 200 to 400 Big Lots stores, which would retain the Big Lots branding, and two distribution centers.
Variety Wholesalers has bought the former Big Lots store in Port Huron, among others. Big Lots sold leases to more than 460 stores to Boston-based asset liquidation firm Gordon Brothers Retail ...
Variety Wholesalers also will acquire as many as two Big Lots distribution centers as part of the deal. The agreement, Big Lots said, is subject to approval in bankruptcy court.
Discount retailer Variety Wholesalers, the new owners of Big Lots, announced the reopening plan in a news release on Friday, April 4. Big Lots applied for bankruptcy in September 2024 and Variety ...
The privately owned Variety Wholesalers plans to acquire 200 to 400 Big Lot stores, two distribution centers and would retain the associates, operating under the Big Lots brand, the discount home ...
Earlier in January, Big Lots closed a sale agreement with Gordon Brothers Retail Partners LLC that would allow Variety Wholesalers Inc. to acquire 200 Big Lots stores under the Big Lots brand and ...