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Tag Archives: discount stores

Discount Retailer Big Lots Files for Chapter 11

Big Lots bankruptcy

Discount home goods retailer Big Lots announced today it has filed for Chapter 11, and its stores and operations have been acquired by private equity firm Nexus Capital Management. “The actions we are taking today will enable us to move …

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Dollar General Q2 Net Sales Grow 24%

dollar general

Dollar General Corp. reports second-quarter 2020 net sales increased 24 percent to $8.7 billion, up from $7 billion in the first quarter. In addition, the company’s operating profit increased 80.5 percent to reach $1 billion. “As a result of the …

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