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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.
Big Lots is preparing to close all of its locations following months of store closures and a September filing for Chapter 11 bankruptcy protection.
Variety Wholesalers plans to operate 200 to 400 Big Lots locations, plus two distribution centers, according to a Big Lots press release. Variety Wholesalers “may employ” Big Lots employees at ...
Big Lots, which this week announced going-out-of-business sales at all its locations, also plans to permanently lay off up to 555 employees from its Columbus corporate headquarters.
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 ...
Ollie's Bargain Outlet Holdings, Inc., commonly referred to as Ollie's Bargain Outlet is an American chain of discount closeout retailers.It was founded in Mechanicsburg, Pennsylvania, in 1982 by Morton Bernstein and Mark L. Butler with backing from Harry Coverman and Oliver E. "Ollie" Rosenberg; the latter of whom is the namesake of the company.
Big Lots is among the many well-known retailers to file for bankruptcy in 2024 as consumers cut into discretionary spending. Last week, Party City announced it filed for bankruptcy protection and ...
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