DOTHAN, Ala (WDNews) – Big Lots shoppers and employees in Alabama may have reason to be happy, as the discount retailer works on a deal that could save hundreds of locations nationwide, including those in the state of Alabama.
Dothans Big Lots has a recording upon calling of a huge sale, although, upon speaking with employees they are hopeful that our local Big Lots will be saved. It was shared with WDNews the local store is in limbo and waiting on confirmation one way or another.
The company recently announced an agreement with Gordon Brothers Retail Partners valued at $496 million. If approved, the deal would preserve the brand, protect thousands of jobs, and keep stores open. “This sale agreement… presents the strongest opportunity to preserve jobs, maximize value for the estate, and ensure continuity of the Big Lots brand,” said CEO Bruce Thorn.
As part of the agreement, Variety Wholesalers, a company that operates over 400 discount stores across the Southeast, would take over operations. This move could keep Big Lots a staple in Alabama communities and prevent a full liquidation.
For now, there’s hope that your local Big Lots might continue serving shoppers in the Wiregrass and beyond.