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Big LotsCNBC
•74% Informative
Big Lots is one of the country's largest closeout retailers that specializes in offering bargain-basement pricing on all things home.
The home goods sector has been under pressure over the last two years after demand surged during the Covid-19 pandemic.
As part of the filing, Big Lots has agreed to sell its business to private equity firm Nexus Capital Management for $760 million .
VR Score
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Informative language
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English
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58
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short-lived
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