Nearly 50 more Big Lots stores are expected to close as the company works its way through the Chapter 11 bankruptcy protection filings.
As of Wednesday, the web pages of the approximately 50 extra stores mentioned in last week’s court filing display “store closing” banners. Here are the Big Lots stores that fall into this category:
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- Alabama:Â Andalusia
- Arizona:Â Apache Junction
- Arkansas:Â North Little Rock
- Colorado:Â Westminster
- Florida: Miami (Cutler Bay)
- Idaho:Â Boise
- Illinois:Â Champaign
- Indiana: Crawfordsville and Evansville (Town Center)
- Kansas:Â Olathe
- Kentucky:Â Madisonville
- Louisiana:Â Hammond
- Nevada: Henderson (Lake Mead Crossing), Las Vegas (S. Fort Apache, Paradise, W. Sahara Ave, Southwest Las Vegas, and Summerlin), Reno (Lemmon Valley and South Reno)
- New Jersey: East Brunswick, Freehold, North Bergen, Ocean, Phillipsburg, Union
- New Mexico:Â Alamogordo
- Ohio: Cincinnati (Cherry Grove)
- Oklahoma: Tulsa (Oakhurst)
- Texas: Austin (Wells Branch), Baytown, Dallas (Park Forest), Fort Worth (East Fwy), Frisco, Galveston, South Garland, Groves, Houston (Museum District and Northwest Houston), Kilgore, Mcallen, Richardson, San Antonio (Hollywood Park), Stephenville, Terrell
- Utah:Â Kearns
- Wisconsin:Â Stevens Point
The web pages of these locations display banners announcing ongoing closing sales, encouraging customers to take advantage of savings of up to 20% off.
Big Lots has announced its plans to close approximately 250 stores by mid-January, in addition to the nearly 300 stores that are already scheduled to close in the coming months.
Several hundred stores have already begun to shut down, although it is uncertain where the additional stores will be located. Since early August, these stores have prominently displayed banners on their web pages with the message “closing this location.”
Big Lots recently revealed its plans to close down 344 stores in a court filing. This decision includes the closure of approximately 300 locations across 37 states, which Nexstar had previously identified after analyzing Big Lots’s website.
Initially, Idaho, New Mexico, Oklahoma, and Texas were among the states where no store closures were planned by Big Lots. However, the list has now been reduced to Delaware, Iowa, Mississippi, Nebraska, North Dakota, Rhode Island, and West Virginia.
According to Big Lots President and CEO Bruce Thorn, the company has acknowledged that the majority of its store locations are profitable. However, they have decided to adopt a more focused footprint to enhance operational efficiency and better serve their customers.
By closing approximately 550 stores, Big Lots plans to reduce its retail presence by around 40%. The specific dates for the closure of each store have not been announced yet.
