The discount chain said it agreed to a sale transaction with an investment firm which would allow hundreds of stores to stay open by transferring its property to other retailers and companies.

Bankrupt Big Lots Inc. has struck a deal to save hundreds of stores after an earlier sale of the business fell apart, saving the chain from closing down entirely.

This sale agreement and transfer present the strongest opportunity to preserve jobs, maximize value for the estate and ensure continuity of the Big Lots brand,” said Bruce Th

Big Lots has struck a deal to save some stores from closing and keep the brand name alive. The discount retail chain announced late Friday that it has agreed to a sale transaction with Gordon Brothers Retail Partners,

Big Lots to sell hundreds of stores to Gordon Brothers Retail Partners, LLC., saving thousands of jobs