Gordon Brothers Retail Partners completes deal to keep up to 400 Big Lots stores open
Acquiring Company
Gordon Brothers
Acquired Company
Big Lots
BostonColumbusFinancial ServicesE CommerceGroceryRetailDescription
Gordon Brothers Retail Partners has finalized a transaction with Big Lots that could result in up to 400 stores remaining open, following Big Lots' previous announcement of store closures. The deal includes the transfer of Big Lots assets to enable the continuation of operations under the Big Lots banner by Variety Wholesalers. This strategic agreement reflects Gordon Brothers' commitment to revitalizing distressed retail assets and preserving jobs while maximizing value for the estate.
Quick answer
Gordon Brothers is acquiring Big Lots, announced December 30, 2024. Gordon Brothers is based in Boston, Massachusetts, United States.
- How much did Gordon Brothers pay for Big Lots?
- The deal value was not disclosed.
- What does Gordon Brothers do?
- Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, management teams, advisors and investors move forward through change.
- Where are Gordon Brothers and Big Lots based?
- Gordon Brothers is based in Boston, Massachusetts, United States. Big Lots is based in Columbus, Ohio, United States.
- Who are the decision-makers at Gordon Brothers?
- Fundz holds 2 contacts at Gordon Brothers. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Big Lots?
Big Lots was acquired by Gordon Brothers, based in Boston. The deal was reported on December 30, 2024. Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, management teams, advisors and investors move forward through change. Gordon Brothers is privately held and operates in Financial Services.
When did Gordon Brothers acquire Big Lots?
Gordon Brothers's acquisition of Big Lots was reported on December 30, 2024. Gordon Brothers Retail Partners has finalized a transaction with Big Lots that could result in up to 400 stores remaining open, following Big Lots' previous announcement of store closures. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Big Lots do?
Headquartered in Columbus, Ohio, Big Lots, Inc. It is privately held, operating in E Commerce, and is based in Columbus.
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