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Those stores are expected to be run as Big Lots stores by the Henderson, North Carolina-based Variety Wholesalers, which runs several other retail chains, including Roses Discount stores.
Big Lots Stores, Inc. (stylized as Big Lots!) is an American discount retail chain, specializing in the sale of closeout and overstock merchandise. Founded in 1967 as Consolidated Stores, the chain is headquartered in Columbus, Ohio, and includes over 900 locations across the United States.
Big Lots was the fourth-largest home goods retailer in the U.S. when it filed for bankruptcy, with $4.7 billion in 2023 revenue, 1,392 stores at the beginning of 2024, and more than 27,000 employees.
Bankruptcy and store closures at Big Lots. Back in September, Big Lots filed for Chapter 11 bankruptcy protection weeks after announcing plans to close 340 stores across the United States.
Columbus-based retailer Big Lots announced in a public June filing it would close 35-40 stores while opening three around the country, but its website now tells a different story.
After months of store closures and filing for Chapter 11 bankruptcy protection, Big Lots is preparing to close all of its locations, according to a press release issued by the company on Thursday ...
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