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 interest rates.
Here are the 296 Big Lots stores closing nationwide
The Columbus-based retailer this week filed for Chapter 11 bankruptcy protection and plans to close at least 296 stores. It started the year with nearly 1,400 stores nationwide. As one of the first actions in the case, it enlisted Melville, New York-based A&G Real Estate Partners to sell the leases on the properties it will be departing.
Big Lots reaches bankruptcy agreement, some stores in CT to stay open
Big Lots was already holding clearance sales at nine Connecticut stores slated for closure that are now offering discounts of 40 percent off. Left off the closure list are stores in Bristol, Derby, East Haven, East Hartford, Middletown, North Haven and Wallingford.
Discount Retailer Big Lots Files for Bankruptcy, Will Sell Business to Private Equity Firm
Furniture and home goods seller Big Lots has filed for bankruptcy and announced plans to sell its business to a private equity firm.
Discount Retailer Big Lots Files for Bankruptcy
U.S. discount retail chain Big Lots filed for bankruptcy, becoming the latest retail casualty as consumers reined in spending after a postpandemic surge.
Big Lots to close an Austin location as part of national bankruptcy filing
A national retail chain is shutting hundreds of stores across the U.S., including one in Central Texas. Last week, Ohio-based company Big Lots filed for bankruptcy, with plans to close 344 locations throughout the country.
Big Lots sales drop again as retailer pushes new deals amid bankruptcy filing
Sales through the first half of the year are down 9.1%. Big Lots reported a loss in the quarter of $238 million, or $8.04 a share, compared with a loss of $249 million, or $8.56 a
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.
Shoppers race for 50% off bargains at bankrupt discount retailer as a third of its 1,400 stores lined up for closure
Shoppers are rushing one of America's biggest discount retailers - as it launches clearance sales amid hundreds of store ...
REVEALED: Full list of 292 stores being closed by Lowe's rival as they hold huge stock clearances
In total, Big Lots plans to shutter around 550 of its 1,389 locations. In court filings this week, bosses said they will ...
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