Bargain Retailer Big Lots Hits Ch. 11 With Sale In Sights

By Vince Sullivan · September 9, 2024, 11:13 AM EDT

Discount retail chain Big Lots filed for Chapter 11 protection Monday in Delaware with $556 million of secured debt and plans to shutter more than 300 stores while it works to...

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Bankruptcy Scorecard

Summary

National bargain retail store Big Lots filed for bankruptcy to sell itself as a going concern backed by a $620 million stalking horse offer.

Case Number

24-bk-11967

Judge

Kate Stickles

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

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Documents

Case Information

Case Title

Big Lots, Inc.

Case Number

1:24-bk-11967

Court

Delaware

Nature of Suit

Date Filed

September 09, 2024