JOHNSTOWN, Pa. – Ohio-based discount retail chain Big Lots is closing 300 stores as it proceeds toward a Chapter 11 bankruptcy sale. But the Johnstown-area Big Lots store, located at 1425 Scalp Ave.

Big Lots has secured $550 million in debtor-in-possession financing and up to an additional $157.5 million in new term loans days after entering bankruptcy with a debt load of $556.1 million.

Four Louisiana Big Lots stores that are set to close soon are being put up for sale, as part of a move by the struggling discount retailer to keep the business afloat. Leases for the former Big ...

Big Lots company officials on Monday said optimizing its store footprint included restructuring as 295 stores have already begun to shut down. Big Lots officials said about 250 more locations will ...

Big Lots filed for Chapter 11 bankruptcy earlier this week. One of the Capital Region's Big Lots leases is up for sale as the company files for bankruptcy. The Big Lots in Queensbury at 751 Upper ...

Big Lots has filed for bankruptcy and has slated several stores for closing across the country — but the stores in Olean and Bradford, Pa. were not on that list as of Wednesday. While several ...

(Bloomberg) -- Lenders to discount retailer Big Lots Inc. are talking to Nexus Capital Management about how the private equity firm would finance its $760 million bid to buy the company and bring it ...

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 ...

Popular discount retailer Big Lots has filed for Chapter 11 bankruptcy protection. As part of the bankruptcy and restructuring, 295 stores have already begun to shut down in what the company says ...