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Big Lots said its goal would be to complete a sale by early January. According to the company’s website , discounts of up to 50% were being offered on the entire assortment and it announced all ...
Up to 315 Big Lots locations across 35 states could also close their doors, the company said in an SEC filing. Big Lots reported a net loss of $205.0 million in the first fiscal quarter of 2024.
In a filing on Aug. 2, Big Lots said it was looking to close up to 315 locations as it tries to "aggressively address unperforming stores." It's been a tough couple years for many U.S. retailers.
Big Lots stores sell everyday items for the home, kitchen and pantry. The store reopenings in May are scheduled to take place in two phases across 14 states, with the greatest number of openings ...
There was hope, though, as Big Lots was acquired out of bankruptcy at the last minute by Gordon Brothers Retail Partners. The ...
Big Lots traces its roots back to 1967, when Sol Shenk founded it under the name Consolidated Stores Corporation. The company grew rapidly in the 1980s and 1990s, opening locations across the U.S.
Big Lots went belly up last year because it chased away budget-conscious customers with high prices and pushed merchandise they didn't want, the discount retailer's new owner told The Post.
Big Lots is about to reopen 132 stores that it had closed last year due to its bankruptcy filing, the chain’s new owners announced.. The shuttered stores that will reopen in May are in 14 states ...