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 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.

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.

Big Lots stores will reopen under new ownership more than seven months after the chain filed for bankruptcy. Discount retailer Variety Wholesalers, the new owner of Big Lots, announced the ...

Fresh out of North Carolina, Variety Wholesalers has taken the reins of 200 Big Lots stores bequeathed by Gordon Brothers, the liquidation titans. The company disclosed that the early phase will ...

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 ...