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Update: Big Lots says it reached a deal in late December to keep hundreds of U.S. stores open. Big Lots is preparing to close all of its stores, the bankrupt discount retailer said Thursday. The ...
Big Lots, the discount chain that filed for bankruptcy in September, said Friday that it agreed to a sale transaction with an investment firm, allowing hundreds of stores to stay open by ...
Big Lots is preparing to close its remaining 963 locations after a sale to save the bankrupt retailer fell through. Big Lots will soon start ‘going out of business’ sales at its remaining ...
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.
Bob’s Stores and 99 Cents Only Stores also went out of business earlier this year. Shares of Big Lots are down nearly 90% for the year. Correction: An earlier version of this story incorrectly ...
A closeout or clearance sale (also called a closing down sale in the United Kingdom [1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale ), over-ordering, or especially because of bankruptcy . [ 2 ]
On April 17, 2018, The Bon-Ton announced plans to go out of business after being purchased by two liquidators. [73] Borders Group, which included its namesake chain, along with Waldenbooks, filed for bankruptcy and closed all of its stores in 2011. [74] Brooks Brothers filed for Chapter 11 bankruptcy in July 2020. [75]
Big Lots is closing up to 40 stores nationwide — and a Fresno store appears to be among them. Employees are telling customers at the north Blackstone Avenue location that the store will close.