BIG LOTS FILES FOR BANKRUPTCY, WILL CLOSE SOME STORES AMID SALE TO INVESTMENT FIRM The locations would add to the numerous stores that the discount retailer has already closed this year.
A variety of factors have led to the decline. Spending on furniture, which was Big Lots' single biggest business segment, dried up after a Covid-19-driven boom and the company, by its own ...
Store closures for the store form part of a sale agreement with an affiliate of Nexus Capital Management LP, according to a press release Big Lots issued Sept. 9. Nexus agreed to acquire ...