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Why Did Big Lots File Bankruptcy? Big Lots filed for bankruptcy on Sept. 9, 2024. It cited reasons including less demand for its furniture and decor because of a sluggish housing market, stubborn ...
RELATED STORY | Big Lots files for bankruptcy, says more stores could close. As part of the new agreement, Gordon Brothers Retail Partners will transfer Big Lots assets, including stores ...
A Big Lots spokesperson told CNN on Saturday that they could not provide additional details about the deal. Big Lots is among the many well-known retailers to file for bankruptcy in 2024 as ...
Big Lots has been struggling in recent months and has posted 16 consecutive quarters of comparable sales declines, CBS News reported. The company also received a delisting notice from the New York ...
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.
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 ...