Big Lots conducts going-out-of-business sales after sale of company falls through

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Bruce Thorn

Discount chain Big Lots is conducting going--out-of-business sales at its remaining locations after a sale of the company didn’t materialize.

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FILE A shopper leaves a Party City store in Vernon Hills, Ill., Thursday, Oct. 15, 2020. Party City Holdco Inc. has filed for Chapter 11 bankruptcy protection, Wednesday, Jan. 18, 2023 as the party supply chain confronts inflationary pressures and a pullback in consumer spending. The party supplies chain, which operates more than 800 company-owned and franchise stores throughout North America, has been long struggling with increased competition from the likes of Walmart and Target.

Big Lots said it is continuing to serve customers in-store and online, and will provide updates as available.

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