After filing for Chapter 11 bankruptcy protection in September, the home goods retailer has been working toward a "more ...
The latest SEC filing from Big Lots adds 11 Texas locations to a growing list of store closures, after the retailer filed for ...
Big Lots is shutting down 56 more stores — including its Mount Pleasant and Saginaw locations — amid bankruptcy proceedings ...
LOUISVILLE, Ky. (WDRB) -- Big Lots is closing 350 stores around the country and the liquidation sales are underway. Are the sales worth checking out? Some shoppers saw great sales, while others ...
This longtime location, which also houses Big Lots Furniture, is among those affected ... Earlier this year, the company ...
Big Lots cited high interest rates and inflation among the factors that have held back its sales in a statement ... from kitchen supplies to furniture to groceries. The selection within each ...
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.
Big Lots announced ... the financial disclosure, sales dropped 10.2% between the first quarters of 2023 and 2024, equating to a loss of about $114.5 million. Texas furniture store Conn's filed ...
and initiating a court-supervised sale process, is the best path forward to maximize value and ensure continued operations,” wrote Big Lots in the release.
The company announced on Monday, Sept. 9 that it will sell its assets to an affiliate of private equity firm Nexus Capital Management. Additional closures were approved this month in bankruptcy court.
While Big Lots sales fell around 13% to $4.7 billion last year, Ollie’s rose by 15% in 2023 to $2.1 billion. As Big Lots prepares to close 450 stores, Ollie’s plans to open nearly 50 stores.