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Lifestyle Home Improvement-Furniture

Big Lots files for bankruptcy, sells to PE firm as it promises to keep offering 'extreme bargains'

Discount home goods retailer Big Lots filed for bankruptcy as low-income shoppers slow spending on new furniture and home decor.

By: CNBC

  • Sep 11 2024
  • 18
  • 7288 Views
Big Lots files for bankruptcy, sells to PE firm as it promises to keep offering 'extreme bargains'
Big Lots files for bankruptcy, sells to PE firm as it promises to keep offering 'extreme bargains'
Discount home goods retailer Big Lots filed for bankruptcy on Monday after high interest rates and a sluggish housing market slowed demand for its low-priced furniture and decor. 
As part of its fil… [+3784 chars]

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