The employees of bankrupt retailer Big Lots have had to live with a lot of uncertainty ever since the company announced in mid-December that it was going out of business and closing all its stores.
Just over a week later, Big Lots announced that it had struck a deal with Gordon Brothers Retail Partners to transfer some Big Lots assets to Variety Wholesalers and other retailers. According to the announcement, that meant some Big Lots locations, between 200 and 400 stores, would stay open and operating, potentially saving thousands of jobs. Now Gordon Brothers has released an updated list, titled "New Market Locations Phase 2." The Phase 2 list includes many of the stores from the Phase 1 list but adds nearly 150 new locations, suggesting that these locations, too, will not be among the locations saved via the deal with Variety Wholesalers and other retailers.
Unfortunately, there's yet no word on which Big Lots locations will continue to operate, leaving many Big Lots workers uncertain about their future employment.
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