Big Lots has confirmed that they will be closing all locations. More than 400 Big Lots Stores have already closed this year. The remaining stores will begin their “going out of business” sales (totaling 963 locations). We’re hearing that these stores are offering up to 20% off storewide right now, but we can expect those discounts to rapidly increase.
Big Lots filed for bankruptcy with the intent to sell the remainder of their business to private equity firm Nexus Capital Management, but failed to complete its previously announced sales to Nexus Capital Management. This is the same firm that owns Toms Shoes, Dollar Shave Clubs, FTD, and more.
The Big Lots store locator is a great place to find to up-to-date information on whether your store has already started closing.
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