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Big Lots

0.4968

0.0000

Volume:- -

Turnover:- -

Market Cap:14.75M

PE:-0.03

High:0.4968

Open:0.4968

Low:0.4968

Close:0.4968

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Overview Company News Filings

Big Lots Inc - Second Day Hearing Scheduled for October 9, 2024

THOMSON REUTERS

Press Release: BIG LOTS RECEIVES COURT APPROVAL OF "FIRST DAY" MOTIONS TO SUPPORT BUSINESS OPERATIONS

What Went Wrong at Big Lots?

Big Lots’ Bankruptcy Filing and Uncertain Stock Future

U.S. bankruptcy filings spiked in August after slowdown in July

Big Lots Chapter 11 Could Mean Growth Opportunity For Ollie's Bargain Outlet, Analyst Says

BRIEF-NYSE To Commence Delisting Proceedings Against Big Lots, Inc. (Big)

Big Lots files for bankruptcy amid significant store closures

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Among other relief, the Court granted interim approval for the Company to immediately access a portion of its $707.5 million postpetition financing facilities. This financing, coupled with cash generated from the Company's ongoing operations, is expected to provide sufficient liquidity to support the Company while it continues its operations in the ordinary course of business and works to complete the previously-announced sale transaction with an affiliate of Nexus Capital Management LP .Under the terms of the sale agreement, Nexus will serve as the \"stalking horse bidder\" in a court-supervised auction process pursuant to section 363 of the U.S. Bankruptcy Code. Accordingly, the proposed transaction is subject to higher or otherwise better offers, Court approval, and other conditions. Under the Sale Agreement, if Nexus is deemed the winning bidder, the parties anticipate closing the tran","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU2517655374.HKD","LU2517655291.USD","BK4588","BK4220","BIG","DAY","BK4585","BK4130","BK4114","LU2517655028.SGD"],"gpt_icon":0},{"id":"2466237328","title":"What Went Wrong at Big Lots?","url":"https://stock-news.laohu8.com/highlight/detail?id=2466237328","media":"Motley Fool","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2466237328?lang=en_us&edition=fundamental","pubTime":"2024-09-12 00:52","pubTimestamp":1726073520,"startTime":"0","endTime":"0","summary":"And CEO Tom Shea from the newly public OneStream joins us to talk about what the company can do for customers.","market":"us","thumbnail":"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F790223%2Fmfm_9.jpg&op=resize&w=165&h=104","type":0,"news_type":0,"thumbnails":["https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F790223%2Fmfm_9.jpg&op=resize&w=165&h=104"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.fool.com/investing/2024/09/11/what-went-wrong-at-big-lots/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"fool_stock","symbols":["BK4505","IE00B1BXHZ80.USD","LU0128525689.USD","LU0234570918.USD","IE00BSNM7G36.USD","BK4220","LU0052756011.USD","IE0009356076.USD","LU0053666078.USD","LU0203201768.USD","BK4114","LU0130102774.USD","IE00B3SWFQ91.USD","IE00BN8TJ469.HKD","LU0187121727.USD","META","IE0034235303.USD","LU0238689110.USD","IE00B1XK9C88.USD","GOOG","IE00BK4W5L77.USD","LU0128525929.USD","IE0004445239.USD","IE00BZ1G4Q59.USD","IE0005OL40V9.USD","BIG","IE00BLSP4239.USD","IE0003U64NQ7.SGD","LU0072462426.USD","IE00B3S45H60.SGD","LU0154236417.USD","LU0308772762.SGD","LU0786609619.USD","BK4581","IE00BWXC8680.SGD","IE00BKDWB100.SGD","LU0080751232.USD","IE000KEQY171.SGD","LU0719512351.SGD","GOOGL","IE00BK4W5M84.HKD","LU0061475181.USD","LU0068578508.USD","LU0082616367.USD","LU0158827948.USD","IE00BBT3K403.USD","BK4512","IE000W1ABFV2.USD","LU0234572021.USD","AAPL","LU0433182093.SGD"],"gpt_icon":1},{"id":"2466418979","title":"Big Lots’ Bankruptcy Filing and Uncertain Stock Future","url":"https://stock-news.laohu8.com/highlight/detail?id=2466418979","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2466418979?lang=en_us&edition=fundamental","pubTime":"2024-09-11 05:47","pubTimestamp":1726004862,"startTime":"0","endTime":"0","summary":"Big Lots ( ($BIG) ) just unveiled an announcement. Big Lots, Inc. has filed for Chapter 11 bankruptcy to reorganize its finances and has secured de...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/big-lots-bankruptcy-filing-and-uncertain-stock-future?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/big-lots-bankruptcy-filing-and-uncertain-stock-future?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BIG","BK4114","BK4220"],"gpt_icon":0},{"id":"2466843518","title":"U.S. bankruptcy filings spiked in August after slowdown in July","url":"https://stock-news.laohu8.com/highlight/detail?id=2466843518","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2466843518?lang=en_us&edition=fundamental","pubTime":"2024-09-10 19:06","pubTimestamp":1725966360,"startTime":"0","endTime":"0","summary":"Filings for the year through August are highest since 2020 and second-highest since 2010, S&P Global Market Intelligence says. U.S. bankruptcy filings spiked in August after a slowdown in July, propelling the total for the first eight months of the year to the highest level since 2020 and second-highest since 2010, S&P Global Market Intelligence said Monday.There were 452 filings in the year through end August, which compares with 466 in the same period in 2020, when the pandemic was still in full swing, and 604 in the same period in 2010.In August alone, the tally comes to 63, up from a revised 49 in July. That was the third-highest monthly total this year, behind 72 in June and 68 in April.\"U.S. companies continue to struggle with several issues this year, including high interest rates and geopolitical uncertainty,\" S&P said in a report.This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["CSLR","SPWRQ","BK4114","BK4220","BIG","AVP","BK4096"],"gpt_icon":0},{"id":"2466285461","title":"Big Lots Chapter 11 Could Mean Growth Opportunity For Ollie's Bargain Outlet, Analyst Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2466285461","media":"Benzinga","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2466285461?lang=en_us&edition=fundamental","pubTime":"2024-09-10 06:50","pubTimestamp":1725922222,"startTime":"0","endTime":"0","summary":"Big Lots, Inc.’s  filing for Chapter 11 bankruptcy protection could signify a growth opportunity for competitor Ollie’s Bargain Outlet Holdings, Inc. , an analyst said.Ollie’s may have the chance to take over closed Big Lots locations as it strives to increase store count from a current 525 outlets to a long-term saturation target of 1,300 stores, J.P.Morgan Chase analyst Matthew Boss said.Read Also: Top Wall Street Forecasters Revamp Big Lots Price Expectations Ahead Of Q2 Earnings. Big Lots’ plans to close 296 out of 1,392 retail locations as of Aug. 29 could help Ollie’s to grow its number of stores by 13.5% during fiscal years 2025 and 2026 after it increases the number of outlets to 560 by the end of the current fiscal year, Boss said. This growth in stores and market share could help Ollie’s grow its gross profit margin from 40.5% to 41%.Price Action: Big Lots stayed at 50 cents per share during Monday’s trading but dropped 40.22% in after-hours trading to 30 cents. Ollie’s gaine","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/5JNoe.aZhmcjaZoOAlgesA--~B/aD01NDY7dz05NzE7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/Benzinga/0eda34c740bb22c31b008879f851b3fa","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/5JNoe.aZhmcjaZoOAlgesA--~B/aD01NDY7dz05NzE7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/Benzinga/0eda34c740bb22c31b008879f851b3fa"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/big-lots-chapter-11-could-225022619.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4114","BK4220","OLLI","BIG"],"gpt_icon":0},{"id":"2466146994","title":"BRIEF-NYSE To Commence Delisting Proceedings Against Big Lots, Inc. (Big)","url":"https://stock-news.laohu8.com/highlight/detail?id=2466146994","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2466146994?lang=en_us&edition=fundamental","pubTime":"2024-09-10 05:29","pubTimestamp":1725917349,"startTime":"0","endTime":"0","summary":"Big Lots Inc   :   * NYSE TO COMMENCE DELISTING PROCEEDINGS AGAINST BIG LOTS, INC. (BIG)Source text for Eikon:    Further company coverage:","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4114","BIG","NYSE","BK4220"],"gpt_icon":0},{"id":"2466647146","title":"Big Lots files for bankruptcy amid significant store closures","url":"https://stock-news.laohu8.com/highlight/detail?id=2466647146","media":"LA Times","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2466647146?lang=en_us&edition=fundamental","pubTime":"2024-09-10 04:47","pubTimestamp":1725914851,"startTime":"0","endTime":"0","summary":"A former Big Lots store in Poway, Calif.After announcing the closure of more than 50 stores in California, the discount retailer Big Lots has filed for Chapter 11 bankruptcy and will be purchased by a private equity firm.Known for carrying a wide array of products at budget prices sold in stores that offered a treasure-hunt atmosphere, the company will shut down hundreds of more stores as it navigates bankruptcy and new ownership.\"Though the majority of our store locations are profitable, we intend to move forward with a more focused footprint,” Big Lots President and Chief Executive Bruce Thorn said in a statement Monday.Big Lots has been struggling in recent months and has posted 16 consecutive quarters of comparable sales declines, CBS News reported. The company also received a delisting notice from the New York Stock Exchange, it announced Monday, because the average closing price of shares was less than $1 over a consecutive 30 trading-day period.This story originally appeared in 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