Gordon Brothers Big Lots 2025. Big lots has managed to save up to 400 stores in the 11th hour after striking a deal with gordon brothers and variety wholesalers. For big lots, it offers a chance at survival and the preservation of a significant portion of its business.

Gordon brothers will then transfer big lots’ stores, distribution centers and other assets to other retailers. Court documents show gordon brothers may pay up to $495 million on the deal to cover debt payoffs, administrative and winddown costs and escrow funds as part of the asset.