Discount retailers
Big Lots Keeps Up to 400 Stores Alive in Bankruptcy Sale, but Layoffs Hit HQ, DCs
A bankruptcy judge approved the sale of properties to discounter Variety Wholesalers, with Bruce Thorn…
Big Lots Sold for $760 Million; Files Chapter 11 Petition
Big Lots agreed to sell to Nexus Capital Management for $760 million as the stalking-horse bidder in its…
Big Lots Is Closing 150 Stores, Eyeing More Capital
The distressed home sector sees Big Lots shutting 150 stores and LL Flooring on the hunt for cash on heels of…
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Forman Mills Fought Off Bankruptcy but Faces New Legal Battles
Despite Shoppers World swooping in to keep it in business, the trouble at Forman Mills isn't over.
This Deep Discounter Might Be Knocking on Bankruptcy’s Door
Off-price warehouse-style fashion retailer Forman Mills is trying to find a buyer, but could end up going…
Off-Price Fashion Retailer Facing Class-Action Lawsuit After Layoffs
Forman Mills violated state and federal WARN Act requirements, according to the June 7 lawsuit.
Walmart Posts Strong Q4 With Holiday Showing Best E-Commerce Sales Performance in Years
Walmart's strong Q4–helped by comps gains at US stores and e-commerce; strong holiday e-commerce sales–bested…
Cheapest Prices Aren’t Always at Outlets, and Shoppers Know It
Discount retailers continue to gain U.S. market share as thrifty shoppers seek more bang for their buck, but…
Hazardous Chemicals Found in Children’s Apparel and Footwear
Research by Greenpeace Germany revealed that more than half of the children's clothing sampled by a number of…
Online Apparel Sales Booming
While some major brick-and-mortar retailers post weak sales of apparel, online sales of clothing and footwear…
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