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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 ...
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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.
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 has been closing hundreds of stores since the beginning of the year. At its peak, it had more than 1,400 locations across the United States. At its peak, it had more than 1,400 locations ...
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.
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