The latest list of Big Lots closures.
Discount retailer Big Lots is closing as many as 40 stores this year as the company struggles against inflationary headwinds and drops on consumer spending.In June, the company’s SEC filings indicated it will close between 35-40 stores this year. Big Lots closed 52 locations in 2023.“There is a significant likelihood that will be unable to comply …which raises substantial doubt about the company’s ability to continue as a going concern,” Big Lots said in regards to its financial situation.
Big Lots has not released a list of stores set to close, however, there are some locations marked for going out of business sales on its website. One of those is inreads “Closing this location,” alongside a notice shoppers can save “up to 20%.” It is the only one of Big Lots 29 Alabama locations with this notice on its site.
According to published reports, there are currently 89 Big Lots stores across 27 states with closure notices on their web pages, almost double the number announced by the company.locations in Arizona, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Kansas, Louisiana, Maryland, Massachusetts Michigan, Minnesota, Missouri, Montana, New York, North Carolina, Oregon, Pennsylvania, South Carolina, South Dakota, Utah, Vermont, Virginia, Washington and Wisconsin.
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Big Lots to close 35-40 locations as company expresses doubt about financesJustin Boggs is a writer for the E.W. Scripps company. Justin covers anything from politics to sports and entertainment.
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