Big Lots (OTC:BIGGQ) has agreed to a transaction with Gordon Brothers Retail Partners that will facilitate the transfer of a majority of Big Lots' assets to Variety Wholesalers and other parties.

The privately-owned Variety Wholesalers plans to acquire 200 to 400 Big Lot stores, two distribution centers, and would retain the associates, operating under the Big Lots brand, the discount home ...

Successful wholesale partnerships depend on strict quality control processes, consistent product standards, and clear return policies – not just competitive pricing. Wholesale vendors typically offer ...

Big Lots announced a deal to save some stores on Dec. 27, 2024. Photo: Eric Thayer/Bloomberg via Getty Images ...