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Big Lots faces bankruptcy and store closures

The Columbus, Ohio-based company plans to sell its assets and ongoing business operations to private equity firm Nexus Capital Management.
Toby Talbot
/
AP
The Columbus, Ohio-based company plans to sell its assets and ongoing business operations to private equity firm Nexus Capital Management.

Big Lots, the Columbus-based discount home goods retailer, is dealing with bankruptcy and store closures.

We’ll talk about the past, present and future of Big Lots, which includes its purchase by a private equity firm.

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