The bankrupt Big Lots Inc. has agreed to a sale transaction with Gordon Brothers Retail Partners LLC that will enable the transfer of Big Lots assets – including stores, distribution centers, and intellectual property – to other retailers and companies. Big Lots...
The discount retailer Big Lots Inc. has announced it will begin going out of business (GOB) sales at all its remaining stores. The company, which declared bankruptcy in September, issued a statement that declared it did not anticipate completing its asset purchase...
The Arizona-based fast-food sandwich chain Eegee’s has filed for Chapter 11 bankruptcy and closed five of its eateries. According to combined media reports, the 53-year-old chain listed both assets and liabilities of between $10 million and $50 million and said it has...
The furniture chain American Freight is the latest retailer to shut down its operations, with the closing of all 328 stores across 41 states. The store closings are part of Chapter 11 bankruptcy proceedings by Franchise Group Inc., its parent company. Franchise...
True Value Company LLC announced that it filed for bankruptcy and will sell its business operations to home improvement industry peer Do it Best Corp. The company will continue its day-to-day operations serving 4,500 independently owned retailers, and none of the...
Altisource’s Foreclosure Auction Inventory Surges as Service Revenue …
