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Big Lots Deal Rescues Hundreds of Stores From Closure
- Big Lots has struck a deal to keep hundreds of stores from shuttering.
- Gordon Brothers Retail Partners will transfer Big Lots' stores, distribution centers, and assets to other retailers.
- Variety Wholesalers will acquire 200-400 Big Lots stores and operate them under the Big Lots brand.
- The sale agreement aims to preserve jobs, maximize value, and ensure continuity of the Big Lots brand.
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