By closing roughly 550 stores, Big Lots would cut its retail footprint by about 40%. It’s unclear when each store will officially close its doors.
Discounts have increased at Big Lots stores closing their doors in New York as the discount retail chain announced its bankruptcy filing Monday.
COLUMBUS, Ohio — Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection, as it contends with a pullback in consumer spending and soft sales. The Columbus, Ohio-based company ...
The ddebt-ridden and bankrupt Big Lots is permanently closing its distribution center in Apple Valley, laying off all 349 employees at the facility by Oct. 31. In a letter to Mayor Scott Nassif ...
Big Lots is reportedly weighing the possibility of filing for bankruptcy due to declining sales. The discount retailer is considering filing for bankruptcy as a potential option, Bloomberg ...
Big Lots company officials on Monday said optimizing its store footprint included restructuring as 295 stores have already begun to shut down. Big Lots officials said about 250 more locations will ...
The market expects Big Lots (BIG) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended July 2024. This widely-known consensus outlook is ...
Big Lots, the beleaguered discount retailer that previously warned it had “substantial doubt” about its survival, has filed for bankruptcy.As part of its Chapter 11 filing, the retailer ...