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Big Lots said Monday that it has filed for Chapter 11 bankruptcy protection from its debts, with the discount retailer citing inflation and high interest rates for hurting its business.
More Big Lots to Close Their Doors Permanently. Earlier this year, the discount retail chain Big Lots filed for bankruptcy, announcing it would be closing hundreds of stores nationwide.
Here's the status of the stores with Treasure Coast locations: Big Lots What happened: Big Lots announced it plans to close 35 to 40 stores this year, according to a filing to the U.S. Securities ...
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.
In July, Big Lots announced it planned to close 35 to 40 stores across the country. The company has since initiated Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware ...
Big Lots Corporate Headquarters, 4900 E. Dublin Granville Road in Westerville photographed May 12, 2021. The company announced on Monday it is filing for bankruptcy.
Discount home goods retailer Big Lots filed for bankruptcy protection on Monday after high interest rates and a sluggish housing market slowed demand for its low-priced furniture and decor.
A U.S. bankruptcy judge approved the sale, but it’s still “subject to approval by the Bankruptcy Court and other customary closing conditions,” according to Big Lots. And as we’ve seen ...