Big Lots

(Newser) - More than 300 Big Lots stores closed this year, and the discount retailer is preparing to close the remaining 963. The company says it is preparing to hold "going out of business" sale at its surviving locations after a deal to sell its assets to private equity firm Nexus...

(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...