Bargain stores reopening under new owner; department store chain debuts in ND
Big Lots, Denny’s and JCPenney announce downsizings
Gordon Brothers, Variety Wholesalers to keep 200-400 sites operating
Move to close 950 locales comes as Nexus Capital deal collapses
For Big Lots, it’s Nexus Capital Mgmt.; for LL Flooring, F9 Investments
The retailer is planning to shutter locations across 28 states
The two new offices are expected to help the retailer gain a competitive edge in the global market
The new products will be in store starting this April
The retailer has planned more than 50 net new stores in 2022 alone
CEO expects continued headwinds
The brand outpaced analyst estimates, demonstrating year-over-year growth
Enlists marketing and design firms