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Big Lots said it is continuing to serve customers in-store and online, and will provide updates as available. Big Lots has said that high inflation and interest rates have hurt its business as consumers have pulled back on their home and seasonal product purchases, two categories the chain depends on for a significant part of its revenue. The company has also struggled with increased competition from the likes of Walmart and warehouse clubs like Walmart’s Sam’s Clubs and Costco, which have all sharpened their pricing and merchandise.
At the end of 2023, Big Lots operated nearly 1,400 stores in 48 states. A more recent store count wasn’t immediately available.
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Big Lots to start 'going out of business' sales at its remaining locationsBig Lots is preparing to close its remaining 963 locations after a sale to save the bankrupt retailer fell through.
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Big Lots to start holding 'Going out of Business' sales at remaining locationsBig Lots announced it will likely not complete its purchase agreement to sell off its assets as part of a Chapter 11 bankruptcy, and is holding Going Out Of Business sales now.
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Big Lots preparing going-out-of-business sales at all remaining locationsBig Lots announced on Thursday it would be beginning going-out-of-business (GOB) sales at all remaining locations across the United States.
출처: ksatnews - 🏆 442. / 53 더 많은 것을 읽으십시오 »
Big Lots Prepares for 'Going Out of Business' Sales After Sale Deal Falls ThroughBig Lots announced Thursday that its anticipated sale to Nexus Capital Management has fallen through. As a result, the retailer is preparing to host 'going out of business' sales at all remaining stores. However, Big Lots remains hopeful and is continuing to work towards completing an alternative transaction with Nexus or another party.
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Big Lots will start having 'going out of business' sales as all stores set to closeBig Lots is continuing to close stores across the U.S. as it navigates Chapter 11 bankruptcy, but some locations may be spared.
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