Big Lots to Shut Down 47 Stores Nationwide, 3 Closures in Florida

Big Lots to Shut Down 47 Stores Nationwide, 3 Closures in Florida
Image Via: The Hill

The number of Big Lots outlets closing as a result of the retailer’s bankruptcy filing is increasing by nearly 50, spanning half as many states.

Over 340 Big Lots locations have been targeted for closure since the company filed for Chapter 11 bankruptcy protection earlier this month. More than 30 had shuttered as of September 29 and were taken down from the chain’s website.

Almost 300 locations have already closed or will close soon, and Big Lots has officially indicated that it wants to close an additional 250 stores by the middle of January.

The list of the 47 newest stores—located in 25 states—that are getting ready to close is below. Nexstar discovered, as it has in the past, banners stating “closing this location” and offering sales of up to 20% with “limited exceptions” on the websites of each store.

StateCity
ArizonaGoodyear
California
Alhambra, Arcadia, Bellflower, Inglewood, La Verne
ColoradoWheat Ridge
Florida
Delray Beach, Jacksonville Beach, Pembroke Pines
GeorgiaSnellville
Illinois
Country Club Hills
Indiana
Indianapolis (6225 Allisonville Road), Noblesville
IowaDes Moines
KentuckyHopkinsville
LouisianaShreveport
MassachusettsDanvers
MarylandHanover
MichiganTaylor
New JerseyMays Landing
New York
Binghamton, Troy
North Carolina
Raleigh (Cypress Plantation Drive)
OhioAurora
OklahomaStillwater
OregonSpringfield
Pennsylvania
Aston, Aliquippa, Monroeville, Waynesburg
South Carolina
North Charleston
TennesseeCovington
Texas
Amarillo (Interstate 40), College Station, Corpus Christi (Interstate Highway 69 Access Road), Fort Worth (5800 Overton Ridge Blvd and 1250 Green Oaks Rd), Katy, Mansfield, Nacogdoches, Pearland, Tomball, San Antonio (Hollywood Park)
Washington
Marysville, Spokane Valley
WisconsinEau Claire

Big Lots’ footprint is expected to decrease by at least 393 stores as a result of these upcoming closures (already announced closures may be seen here). 32 stores in 16 states that were originally designated for closure have since closed:

State
Cities/Locations
Arizona
Mesa, East Mesa, Peoria, Phoenix (Ray Road), Scottsdale
California
Camarillo, Livermore, Sacramento (Valley Hi Drive), San Jose
Colorado
Aurora (South Parker Road), Longmont
Connecticut
Manchester, Waterford
Florida
Boca Raton, Bonita Springs, Stuart
IndianaKokomo
MarylandReisterstown
Michigan
Kentwood, Petoskey
MontanaHelena
New YorkCentereach
OregonAlbany
PennsylvaniaYork
South Carolina
Chester, Newberry
VirginiaManassas
Washington
Lacey, Olympia, Port Angeles, Renton
WisconsinMount Pleasant

At first, there were just a few places (Big Lots has sites in every state save Alaska and Hawaii) where shop closures were not planned: Idaho, Iowa, New Mexico, Oklahoma, and Texas.

Since then, only Delaware, Mississippi, Nebraska, North Dakota, Rhode Island, and West Virginia remain on that list.

Read Also: New Legislation from Newsom Set to Lower Gas Prices in California

Although “the majority of our store locations are profitable,” Big Lots President and CEO Bruce Thorn previously stated that the firm planned to “move forward with a more focused footprint to ensure that we operate efficiently and are best positioned to serve our customers.”

Big Lots’s retail presence is predicted to decrease by around 40% as a result of the estimated 550 store closures.

Source

profile
With more than two years of expertise in news and analysis, Eileen Stewart is a seasoned reporter. Eileen is a respected voice in this field, well-known for her sharp reporting and insightful analysis. Her writing covers a wide range of subjects, from politics to culture and more.