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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 ...
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.
Why Did Big Lots File Bankruptcy? Big Lots filed for bankruptcy on Sept. 9, 2024. It cited reasons including less demand for its furniture and decor because of a sluggish housing market, stubborn ...
Big Lots plans on closing up to 40 locations by the end of 2024. It its filing, Big Lots pointed to declining revenue due to a drop in net sales, along with prolonged sales slides across Big Lots ...
At the start of 2023 Big Lots operated 1,425 stores. That number fell to 1,392 at the beginning of 2024. Now the company says it will close 35 to 40 more, though it did not disclose the location ...
The Big Lots store on Blackstone Avenue in north Fresno photographed on Wednesday, July 17, 2024. The discount retailer plans to shut down 35 to 40 stores this year to deal with its worsening ...
A Big Lots spokesperson told CNN on Saturday that they could not provide additional details about the deal. Big Lots is among the many well-known retailers to file for bankruptcy in 2024 as ...
Big Lots is preparing to close its remaining 963 locations after a sale to save the bankrupt retailer fell through. ... 2024 at 3:36 PM. Big Lots will soon close all of its locations.