Big Lots struck a deal to save some stores from closure and keep the brand name alive.

The discount retail chain announced late Friday that it has agreed to a sales transaction with Gordon Brothers Retail Partners, LLC to sell Big Lots’ assets, including stores, distribution centers and intellectual property, to other retailers, including Variety Wholesalers, Inc. to transfer.

Variety Wholesalers said it will acquire between 200 and 400 Big Lots stores, which will continue to operate under the Big Lots brand, as well as up to two distribution centers. Variety also said it may continue to retain Big Lots employees, as well as some of the company’s employees, in the acquired properties.

It’s unclear which locations will be saved, but Variety currently owns more than 400 retail stores in the Southeast and Mid-Atlantic regions under names such as Roses, Roses Express, Maxway, Bill’s Dollar Stores, Super 10, Super Dollar and Bargain Town. The deal represents less than half of Big Lots’ current brick-and-mortar footprint, which totaled 908 stores last week after closing more than 500 locations last year.

Big Lots currently has 49 stores remaining in New York State, including locations in Auburn, Buffalo, Clifton Park, Cortland, Depew, Dunkirk, Elmira, Hamilton, Kingston, Liverpool, Lockport, Mattydale, Niagara Falls, Oneida, Ontario, Oswego and Potsdam , Pulaski, Rochester, Rome, Saugerties, Tonawanda, Utica, Vestal, Watertown and West Seneca. The retailer’s website still said “all stores close” on Saturday morning with up to 25% off.

Earlier this year, Big Lots closed at least a dozen locations in the Empire State, including stores in Binghamton, Buffalo, Canandaigua, Geneva, Irondequoit, Ithaca, New Hartford, Poughkeepsie and Troy.

Big Lots filed for Chapter 11 bankruptcy in September amid declining sales and expressed doubts about its survival due to a “challenging consumer environment” and “a continued decline in consumer spending from our core customers, particularly on high-value consumer products.” The company announced last week that it would close all remaining branches and conduct a fire sale after a sales deal with an affiliate of Nexus Capital Management fell through.

“The strategic sale to Gordon Brothers and transfer to Variety Wholesalers is a pleasing and significant achievement for Big Lots, reflecting the tireless work and collective commitment of our team. “This sale agreement and transfer represents the greatest opportunity to preserve jobs, maximize the value of the property and ensure continuity of the Big Lots brand,” Bruce Thorn, president and CEO of Big Lots, said Friday. “We are grateful to our employees across the country for their courage and resilience throughout this process.”

Lisa Seigies, President and CEO of Variety Wholesalers, added: “We are excited to work with Gordon Brothers to chart a path forward for the Big Lots brand and hundreds of its stores.” We look forward to working with members of the Big Lots teams to work together to take advantage of the exciting opportunities that lie ahead.”

The agreement is subject to approval by the U.S. Bankruptcy Court and other customary closing conditions.