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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.
— The number of Big Lots stores facing closures amid the retailer's Chapter 11 bankruptcy filing back in September continues to grow, with Lafayette's lone store added to the latest list.
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.
On average, Big Lots stores had an average of 23,000 square feet of selling space in 2023, according to the company's annual filing with the SEC. That's tiny compared to almost any big-box store ...
Big Lots - Culpeper - 751 Dominion Square Shopping Center., Culpeper, VA 22701 Big Lots - Front Royal - 260 Remount Rd., Front Royal, VA 22630 Big Lots - Vinton - 1090 Bypass Rd., Vinton, VA 24179
The Big Lots chain still exists. It has entered chapter 11 bankruptcy, which is a restructuring bankruptcy. Chapter 11 is a restructuring bankruptcy, not a liquidation bankruptcy. Big Lots has been sold to a private equity company and will be restructured. The use of the past tense "was" in the article is incorrect.
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