Big Lots is planning "going out of business" sales at all of its stores

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Big Lots is planning "going out of business" sales at all of its stores

//business-finance.news-articles.net/content/202 .. -out-of-business-sales-at-all-of-its-stores.html

Published in Business and Finance on Thursday, December 19th 2024 at 16:00 GMT by CBS News
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Big Lots filed for bankruptcy protection in September, saying it intended to sell its business to Nexus. In August, Big Lots announced its intention close up to 315 stores, and in October disclosed plans to shut down another 56 locations in 27 states.

Big Lots, a discount retailer, has announced the closure of several stores across the United States as part of its strategy to optimize its store portfolio. The closures are aimed at focusing on more profitable locations and improving overall financial performance. The article lists specific stores that are closing, including locations in California, Colorado, and North Carolina, among others. Employees from the closing stores are being offered positions at nearby Big Lots locations where possible. The company has not disclosed the exact number of stores closing but emphasized that these decisions are part of routine business operations to ensure long-term sustainability. Customers are encouraged to visit nearby stores or shop online to continue enjoying Big Lots' offerings.

Read the Full CBS News Article at:
[ https://www.cbsnews.com/news/big-lots-stores-near-me-closing/ ]

Publication Contributing Sources

CBS News

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Big Lots is planning "going out of business" sales at all of its stores