Current posture
Big Lots, Inc., founded in 1967 and headquartered in Columbus, Ohio, is a national discount retailer operating 1,300+ stores across 48 states with approximately 27,700 employees, selling furniture, home décor, pantry essentials, groceries, pet supplies, and seasonal merchandise. The company filed for Chapter 11 protection on September 9, 2024 in the District of Delaware (Case No. 24-11967) with approximately $556.1 million in prepetition funded debt, citing post-COVID inflation, macroeconomic pressures reducing discretionary consumer spending, supply-chain disruption, higher operating costs, and the 2022 shutdown of a key supplier representing 6% of merchandise. The Debtors obtained approximately $707.5 million in DIP financing, including $35 million in new money. An initial 363 sale process to Nexus Capital Management fell through in December 2024, after which Gordon Brothers Retail Partners, LLC agreed to purchase substantially all assets with a purchase price floor of approximately $304 million. The sale closed on January 3, 2025, with a partial going-concern continuation path for approximately 200-400 stores under Variety Wholesalers. The case converted to Chapter 7 on November 10, 2025 with Alfred T. Giuliano appointed as trustee after…
Updated Mar 10, 2026
Final Application for Compensation // Combined Fourteenth Monthly Fee Statement (for the Period October 1, 2025 Through and Including November 10, 2025) and Final Fee Application of Davis Polk & Wardwell LLP, as Bankruptcy Counsel for the Chapter 11 Debtors, for Allowance of Compensation and for Reimbursement of All Actual and Necessary Expenses Incurred for the period September 9, 2024 to November 10, 2025. Filed by Davis Polk & Wardwell LLP. Hearing scheduled for 1/29/2026 at 11:00 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, Wilmington, Delaware. Objections due by 1/16/2026. (Attachments: # 1 Notice # 2 Exhibit A # 3 Exhibit B # 4 Exhibit C) (Turner, Brianna) (Entered: 12/26/2025)
Docket 3398 · Dec 26, 2025
Final Application for Compensation // AlixPartners, LLPs Combined (I) Fourteenth Monthly Fee Application for the Period From October 1, 2025 Through November 9, 2025 and (II) Final Fee Application for the Period From September 9, 2024, Through November 9, 2025 for Allowance of Compensation for Professional Services Rendered and Reimbursement of Expenses Incurred as Financial Advisor to the Chapter 11 Debtors for the period September 9, 2024 to November 9, 2025. Filed by AlixPartners, LLP. Hearing scheduled for 1/29/2026 at 11:00 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, Wilmington, Delaware. Objections due by 1/16/2026. (Attachments: # 1 Notice # 2 Exhibit A # 3 Exhibit B) (Turner, Brianna) (Entered: 12/26/2025)
Docket 3399 · Dec 26, 2025
Final Application for Compensation // Combined Sixth Monthly, Fourth Interim and Final Fee Application of PwC US Tax LLP as Tax Compliance and Tax Advisory Services Provider to the Debtors for Compensation and Reimbursement of Expenses for the period September 9, 2024 to November 10, 2025. Filed by PwC US Tax LLP. Hearing scheduled for 1/29/2026 at 11:00 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, Wilmington, Delaware. Objections due by 1/16/2026. (Attachments: # 1 Notice # 2 Exhibit A # 3 Exhibit B # 4 Exhibit C # 5 Exhibit D # 6 Exhibit E # 7 Exhibit F # 8 Exhibit G # 9 Exhibit H) (Turner, Brianna) (Entered: 12/26/2025)
Docket 3400 · Dec 26, 2025
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