Big Lots Is Closing Hundreds of Stores as It Files for Bankruptcy
For bargain hunters, Big Lots has long been a haven for furniture, home goods, and seasonal finds at rock-bottom prices. But in a cruel twist of fate, the discount retailer itself couldn’t withstand the rising tide of inflation.
Big Lots adds 48 more stores to closures list, which nears 400
Big Lots, which started the year with nearly 1,400 stores in 48 states, now expects to close nearly 400 locations, a rapid escalation from June when it initially said it would close 35 to 40 stores. It has enlisted Melville, New York-based A&G Real Estate Partners to sell the leases for 296 of those now nearly 400 closing stores.
Thorn: Big Lots could be profitable by 2025, but more stores will close
The Top 100 retailer's president and CEO believes the company has the right plan and right direction as it navigates the Chapter 11 process.
9 Illinois Big Lots stores closing amid bankruptcy filing
Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection, weeks after the discount furniture store said it planned to close hundreds of stores.
I went to Big Lots and saw why the chain is closing stores and filing for bankruptcy
Big Lots is planning to close stores as it goes through Chapter 11 bankruptcy. A store in Maryland left BI confused about the retailer's purpose.
Big Lots Closing More Pittsburgh-Area Stores
Big Lots closing another Colorado location, leaving state with just 5 remaining stores
Another Colorado Big Lots is on the chopping block as the company grapples with crippling debt and plummeting sales nationwide.
Big Lots adds 48 more stores to closures list, 3 in Pittsburgh metro
The number of Big Lots Inc. stores closing is growing again. The Columbus-based retailer, which is in the midst of a Chapter 11 bankruptcy case and could have a new owner next month, added 48 more stores to the already 344 locations slated to close.
Three more Big Lots locations to close in Pittsburgh area
Big Lots is increasing the number of stores it is closing.A court filing by the retailer shows 48 locations have been added to the list and three of them are in the Pittsburgh area.Locations in Monroeville, Aliquippa and Waynesburg will be shut down.The Big Lots location in Moon Township was on the first list of closures.Big Lots is reorganizing under Chapter 11 bankruptcy and may have a new owner next month.
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Big Lots brings back signature promotion for weekend
The Top 100 retailer's promotion is offering its associate discount for customers on all things in store or online.
Big Lots closing more than a dozen stores in Texas, including San Antonio, after bankruptcy filing
As Big Lots prepared to close hundreds of locations across the country, it looks like the Alamo City stores won't be spared.
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Big Lots files for bankruptcy
Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection. The Cheyenne location, located at 3501 E ...
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Big Lots files for Chapter 11 bankruptcy protection, plans to sell assets to Nexus Capital
Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection, as it contends with a pullback in consumer ...
Big Lots files for bankruptcy, lines up buyer for $760 million
Struggling Big Lots will be acquired in a multimillion-dollar deal after the company filed for bankruptcy with up to $10 ...
Big Lots enters court-supervised sale process, plans more closures
Big Lots shoppers are hoping their local stores will be spared from closure as the closeout retailer navigates its way ...
Big Lots files for bankruptcy protection, says store operations will continue
Struggling closeout retailer Big Lots filed for bankruptcy protection Monday, saying it's been hurt by inflation and high ...