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Big Lots is closing hundreds of stores after warning it could go out of business

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Big Lots is closing more than 300 locations across the United States, or roughly 4% of its stores, following an earlier warning that its future was in 'substantial doubt' amid ongoing financial troubles.

<p>NEW YORK — Big Lots is closing more than 300 locations across the United States, or roughly 4% of its stores, following an earlier warning its future was in &quot&#x3B;substantial d

 In a recent regulatory filing, Big Lots said it would increase the number of closures to 315 stores, part of an updated loan agreement to secure its finances.

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