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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.
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 ...
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 ...
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.
Big Lots blamed several economic factors for its bankruptcy, including high inflation and interest rates. That has led customers to change their purchasing behavior. They’re seeking out value ...
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.
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 - 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