A new report predicts this year will only get worse for the already-struggling retail sector, with the number of location closings expected to double. It’s no secret that 2024 was a tough year for many retailers.
The company that bought Big Lots is planning to close hundreds of the chain's stores, including three in Mississippi. Here's what we know so far.
The company buying Columbus-based Big Lots has identified about 500 Big Lots stores, including 23 in Ohio, that it plans to close.
The states with the most Big Lots locations up for sale on the list are Texas (72), New York (49) and Florida (44).
The company that bought Big Lots in December has announced it will sell its remaining locations in Arizona. Here's which locations are affected.
The CEO and president of Big Lots in December said the company remained "hopeful" about keeping some stores open.
Despite striking a last minute sale to save hundreds of stores amid bankruptcy, Big Lots is still eyeing hundreds of store closures under its new owners, Gordon Brothers. The Boston-based investment group recently listed several stores' leases for sale, meaning, these locations will likely not remain open.
As Big Lots' bankruptcy process continues, more than 460 locations are likely closing because their leases are on list of those for sale.
Aficionados of Costco's famous $1.50 hot dogs will once again be able to top off their cheap treats with a Coca-Cola after more than a decade of unavailability at the discount retailer, its CEO says.
Store closures in the U.S. are expected to double by 2025, driven by inflation and a shift toward online shopping, according to Coresight Research.
I t's been a wild ride for Big Lots. After the retailer began closing stores in 2022, their future remained uncertain. But when they filed for bankruptcy this past September, it s