Big Lots Inc

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Big Lots, Inc. engages in the operation of retail stores. It operates through the Discount Retailing segment. The Discount Retailing segment includes merchandising categories such as furniture, seasonal, soft home, food, consumables, hard home, and electronics, toys, and accessories. The company was founded by Sol A. Shenk in 1967 and is headquartered in Columbus, OH.

Big Lots is closing an additional 19 locations, adding to hundreds of stores that it has shuttered as part of its Chapter 11 bankruptcy process. In September 2024, the company disclosed plans to sell its business to Nexus Capital Management, a private equity firm.

Big Lots is closing more stores: November bankruptcy update lists 19 locations across 8 states

Donations will support local relief efforts across Florida and North Carolina through the United Way's Disaster Relief Fund COLUMBUS, Ohio , Oct. 24, 2024 /PRNewswire/ -- The Big Lots Foundation is donating $200,000 to support relief and recovery efforts in communities impacted by Hurricanes Helene and Milton through the United Way as it responds to critical needs including emergency shelter, food and water, as well as long-term rebuilding and recovery efforts. The United Way will bring together corporate partners, its network and other nonprofits through Hurricane Helene and Hurricane Milton Disaster Relief and Recovery Funds to assist those affected.

The Big Lots Foundation Pledges $200,000 to Support Hurricanes Helene and Milton Relief and Recovery Efforts

Big Lots is continuing to downsize its physical footprint as part of an ongoing Chapter 11 bankruptcy process, with plans to close an additional 56 stores across 27 states. This marks the fourth round of closures that the company has announced in court documents since it filed for bankruptcy in September.

Big Lots is closing more stores: Full list of locations across 27 states in October Chapter 11 bankruptcy filing

Big Lots aims to permanently close the doors of 50-plus more stores, it told the bankruptcy court overseeing its Chapter 11 proceedings late last week.

Big Lots to shutter more than 50 retail locations

It's a new month and with it comes news of yet more Big Lots store closures. The struggling discount retail chain is in the middle of a Chapter 11 bankruptcy process due to ongoing financial difficulties.

Big Lots stores closing update: List shows 58 additional doomed locations across 26 states

News for Big Lots Inc Stock (BIGGQ)