Big Lots

(Newser) - Big Lots doesn't expect all of its stores to close after all. The retailer said Friday that it has struck an agreement with Gordon Brothers Retail Partners to keep 200 to 400 of its stores open, saving thousands of jobs, the Wall Street Journal reports. Under the terms, the...

(Newser) - Discount retailer Big Lots filed for bankruptcy on Monday, unable to turn around a long losing stretch. The plan laid out in its Chapter 11 filing is to sell to Nexus Capital Management, reports CNN . No new store closings were announced, but the chain already was in the process of...