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Bankrupt retailer Big Lots Inc. no longer anticipates it can complete its asset sale to private equity firm Nexus Capital Management and will beginning selling its stores in coming days to protect ...

Big Lots’ original plan was a sale to Los Angeles-based hedge fund Nexus Capital Management. And while a sale is still possible, the initial plan did not work. Nexus Capital previously purchased ...

Here's the latest on Big Lots' closing sale and what it means for you. Big Lots' leadership said in press release issued the week before Christmas that it plans to order steep discounts at all ...

"We all have worked extremely hard and have taken every step to complete a going concern sale," Big Lots CEO Bruce Thorn said in a statement. "While we remain hopeful that we can close an ...

However, Big Lots is working to complete another purchase agreement with Nexus or another party, according to the statement, with the goal of having the sale complete by early January. Big Lots to ...

According to PR Newswire, Big Lots, Inc. announced Thursday the company won't proceed with the sale to Nexus Capital Management, which had been previously reported. Instead, the company said it ...

Big Lots Inc. does not expect to complete a planned sale of its business to private equity firm Nexus Capital Management LP, putting the discount retailer that employs more than 27,000 people at ...