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big lots navigates challenges and opportunities after acquisition by gordon brothers
Big Lots, after a turbulent year marked by financial struggles, has been acquired by Gordon Brothers Retail Partners, ensuring the operation of hundreds of stores. The retailer faces challenges adapting to consumer preferences and competition from giants like Walmart and Dollar General, necessitating a rethinking of its merchandise strategy and digital investments to enhance customer engagement and experience. With the backing of Gordon Brothers, Big Lots has a chance to innovate and redefine its identity in the retail landscape.
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