said on Tuesday that Big Lots continued to order furniture and other inventory even after realizing it would not have the funds to pay for them, racking up $250 million in new debts that will ...
Serta’s attorney Beth Rogers said Tuesday that Big Lots continued to order furniture even after it realized it would not be able to repay vendors – piling on $250 million in new debts.
The discount retailer is known for selling home goods, furniture, seasonal decorations and other products. In the second quarter, Big Lots generated $1.05 billion in net sales, more than an 8% ...