Big Lots has reached a deal to keep hundreds of its stores open amid its bankruptcy process. FILE - A shopper leaves the Big Lots store on Dec. 4, 2012 in Berlin, Vt. Big Lots reaches deal to save hundreds of stores amid bankruptcy Friday's transaction with the Boston-based asset liquidation firm would result in the transfer of 200 to …
-- 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. The company said Friday it has agreed to a transaction with Gordon Brothers Retail Partners LLC that will facilitate the transfer of Big Lots’ brand, stores and distribution centers to …