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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.
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 ...
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.
At first, Big Lots announced that it would continue operations as usual while closing 300 stores. By the end of September 2024, that had grown to about 400.
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.