DENVER — The new owner of Big Lots is selling more than 500 locations. Boston retail investment firm Gordon Brothers, which acquired the struggling Ohio-based retailer this month, has listed more than 500 Big Lots sites across the country for sale. The list includes four in Colorado totaling 122,485 square feet:
The implosion of Big Lots has resulted in hundreds more locations going up for sale, including more than a dozen in the Dallas-Fort Worth area.
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As Big Lots' bankruptcy process continues, more than 460 locations are likely closing because their leases are on list of those for sale.
The company buying Big Lots has started to narrow down which stores will definitely close, including several Connecticut locations.
The company helping Big Lots through its bankruptcy process is selling the leases of six stores across Tennessee. In September, Big Lots announced it was filing for chapter 11 bankruptcy and it would close over 300 stores in addition to the originally planned 35 to 40 store closures.
About 500 Big Lots stores are planned to close, including 23 more in Ohio. Here's a look at the latest on the Columbus-based retailer's bankruptcy.
A real estate agency is selling leases for Big Lots locations across 47 U.S. states. See which locations are in Georgia.