Big Lots said Friday it will be sold to Gordon Brothers Retail Partners, a firm that specializes in distressed companies.

Big Lots struggles come amid a challenging retail environment leading to The Container Store filing for bankruptcy protection ...

Bankrupt discount retail chain Big Lots says it will be able to keep hundreds of its stores open after executing a strategic ...

The retail laggards are stuck with high costs and declining revenues as they burn through dwindling cash piles.

The retailer was the third major chain to declare bankruptcy last week, joining Woodcliff Lake-based Party City as well as ...

While some companies survived and thrived, and others tumbled in 2024, Debtwire breaks down the biggest business winners and losers with Fox News Digital.

New data shows holiday sales rose this year even as Americans wrestled with still high prices in many grocery necessities and ...

Retail sales over the holiday season increased 3.8% over last year as people visited restaurants and purchased clothes and ...

Mastercard said consumers were "value-minded" and shopped at both brick-and-mortar stores and online platforms in search of ...

The Container Store and Party City join Macy's, Stop & Shop, Big Lots and a handful of national pharmacy chains that are rolling up the sidewalks as a divide rocks the retail world.

NEW YORK — Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and ...

The Texas-based company, which has stores in Uniondale and Huntington, is grappling with mounting losses and cash flow ...