Big Lots has been handed a lifeline by Gordon Brothers Retail Partners and Variety Wholesalers to save some 200 to 400 stores along with the jobs of the stores' employees.

Big Lots has a new deal in place that could save 200 of its stores across the country. Will the Philadelphia-area locations set for closure be among them?

Retail chain company Big Lots has announced a sale transaction with Gordon Brothers Retail Partners that will see the transfer of former’s assets to other retailers. This move includes the sale of between 200 and 400 stores and up to two distribution centres to Variety Wholesalers.