Two Big Lots stores are open under new management. A third will open in mid-May. What to know about where, when locations ...

The first of four waves consists of stores in Kentucky, Louisiana, Mississippi ... all changed after the chain struck a deal with Gordon Brothers Retail Partners last December.

Big Lots was sold to Gordon Brothers Retail Partners ... The first wave of locations to open happened in Kentucky, Louisiana, Mississippi, North Carolina, Tennessee, and Virginia.

“The strategic sale to Gordon Brothers and the transfer to Variety ... Thursday and includes nine stores in Kentucky, Louisiana, Mississippi, North Carolina, Tennessee, and Virginia.

The news comes after Big Lots announced its sale to Gordon Brothers Retail Partners ... see Big Lots stores open in Kentucky, Louisiana, Mississippi, North Carolina, Tennessee and Virginia.

The company detailed the plan late last week, saying the "first wave" will include nine stores across Kentucky, Louisiana, Mississippi ... "sale agreement" with Gordon Brothers Retail Partners ...

“The strategic sale to Gordon Brothers and the transfer to Variety ... Thursday and includes nine stores in Kentucky, Louisiana, Mississippi, North Carolina, Tennessee, and Virginia.

They included one in Kentucky, one in Louisiana, two in Mississippi ... but that deal fell through in December. Gordon Brothers then stepped in to buy Big Lots out of bankruptcy and then sell ...

Forbes contributors publish independent expert analyses and insights. Come Thursday, Big Lots will be back, as discount retail group Variety Wholesalers stays true to its promise to reopen stores ...