Content about Closeout

January 27, 2014

Building #19, the New England closeout retailer which shut its doors after declaring Chapter 11 bankruptcy in December 2013, has returned as The Rug Dept.

Hingham, Mass. -- Building #19, the New England closeout retailer which shut its doors after declaring Chapter 11 bankruptcy in December 2013, has returned as The Rug Dept. The company opened its first Rug Dept. store in the town of Norwood, Mass. on Jan. 26.

December 16, 2013

It has been a rough start to the holiday season for the closeout retail sector. Building #19, a New England-based closeout chain that became something of a local institution, recently closed its doors after 50 years in business (though it plans to reopen a few locations as specialty rug stores).

It has been a rough start to the holiday season for the closeout retail sector. Building #19, a New England-based closeout chain that became something of a local institution, recently closed its doors after 50 years in business (though it plans to reopen a few locations as specialty rug stores). A few days later, national closeout powerhouse Big Lots reported disappointing financial results for the third quarter.

December 9, 2013

Building #19, the New England closeout retailer, which recently shut its doors after declaring Chapter 11 bankruptcy, is planning to reopen at least a few stores as specialty closeout rug retailers under the banner of “The Rug Dept.”

Hingham, Mass. – Building #19, the New England closeout retailer, which recently shut its doors after declaring Chapter 11 bankruptcy, is planning to reopen at least a few stores as specialty closeout rug retailers under the banner of “The Rug Dept.”

November 4, 2013

Building #19, a closeout retailer with 10 stores in Massachusetts and New Hampshire, is reportedly planning a giant closeout sale of its own.

Hingham, Mass. – Building #19, a closeout retailer with 10 stores in Massachusetts and New Hampshire, is reportedly planning a giant closeout sale of its own. According to the Boston Business Journal, Building #19 filed for Chapter 11 bankruptcy on Nov. 1 and requested permission to obtain the services of liquidation sale specialist Gordon Brothers.

August 20, 2013

Closeout retailer Tuesday Morning announced the appointment of Michael Rouleau to CEO, effective immediately.

DALLAS — Closeout retailer Tuesday Morning announced the appointment of Michael Rouleau to CEO, effective immediately. Rouleau, who was appointed interim chief executive in March 2013, will also continue to serve on the company's board of directors, which he joined in November 2012.

August 15, 2013

Tuesday Morning Corp. is ceasing e-commerce operations to focus on providing in-store assortments.

Dallas -- Tuesday Morning Corp. is ceasing e-commerce operations to focus on providing in-store assortments. A statement on the retailer’s website says that due to the nature of its closeout business, it will no longer sell items online but instead focus on the quality and price of assortments in its stores.

July 19, 2011

Big Lots announced Tuesday that it has completed its acquisition of Brantford, Ontario-based Liquidation World, representing Big Lots’ first foothold outside of the United States.

Columbus, Ohio -- Big Lots announced Tuesday that it has completed its acquisition of Brantford, Ontario-based Liquidation World, representing Big Lots’ first foothold outside of the United States.

Closeout retailer Liquidation World currently operates 89 stores in Canada.

May 26, 2011

Big Lots on Thursday trimmed its expectations for the year amid a fall in first-quarter earnings. In a separate statement, Big Lots said it signed an agreement to buy the Canadian closeout retail chain Liquidation World.

Columbus, Ohio — Big Lots on Thursday trimmed its expectations for the year amid a fall in first-quarter earnings. In a separate statement, Big Lots said it signed an agreement to buy the Canadian closeout retail chain Liquidation World.

Based in Brantford, Ontario, Liquidation World operates 92 stores in Canada. It is Big Lots’ first expansion outside of the United States

Big Lots posted earnings of $52.5 million for the period ended April 30, compared with $55.9 million a year earlier.

January 25, 2011

Tuesday Morning Corp. said Monday that net income for the quarter ended Dec. 31 was $17.3 million, compared with $18.5 million in the year-ago period.

Dallas -- Tuesday Morning Corp. said Monday that net income for the quarter ended Dec. 31 was $17.3 million, compared with $18.5 million in the year-ago period.

Net sales decreased 3.6% to $279.3 million from $289.6 million. Same-store sales decreased 3.2%.

According to Kathleen Mason, president and CEO: "We anticipate that we will return to positive comparable sales for the remainder of the fiscal year.” Tuesday Morning reported four consecutive quarters of same-store sales growth prior to the second quarter.

December 4, 2008

Closeout retailer Big Lots said third-quarter net income fell 15% to $12.2 million from $14.3...

October 20, 2008

Big Lots announced Tuesday that it launched an e-commerce Web site. Similar to its in-store...

June 11, 2008

Big Lots Inc.'s chief executive said on Wednesday that the closeout retailer is ready to...

May 26, 2008

Big Lots announced on Tuesday the appointment of Christopher Chapin as senior VP of store...

February 29, 2008

By adding a new IT infrastructure, Big Lots, Columbus, Ohio, is primed to improve...

November 29, 2007

New York City, ...

December 17, 2006

Dallas, Texas Bookman...

October 23, 2005

Columbus, Ohio, Robert...

October 23, 2005

Columbus, Ohio, Robert...

October 6, 2005

Columbus, Ohio, Retailer...

October 6, 2005

Columbus, Ohio, Retailer...

October 6, 2005

New York City, ...

October 6, 2005

New York City, ...

August 29, 2005

Columbus, Ohio, Big...