Big Lots Announces Going-Out-of-Business Sales After Sale Collapse

The discount retailer's inventory of furniture, outdoor supplies, holiday decor, children’s toys, makeup, toiletries, and more is up to 25% off, after a sale of the company fell through last week. Big Lots, the discount retailer that filed for bankruptcy this fall, is starting going-out-of-business sales at all stores after a company sale fell through last week.

A potential sale of Big Lots fell through last week, leading the discount retailer to announce going-out-of-business sales at all its stores, including about a dozen in the Philadelphia area.. The company is still working to strike a deal with Nexus or another buyer by early January, according to bankruptcy documents.But in order to protect the value of the Big Lots estate, we have made the difficult decision to begin the GOB process.its entire inventory — everything from furniture and outdoor supplies, to Christmas decor and children’s toys, to makeup and toiletries. Party City, the event-decor chain based in Bergen County, announced it was filing for its second bankruptcy in two years and closing all stores.locations in Philadelphia, Clifton Heights, Exton, and Kennett Square , amid inflationary pressures and declines in consumer spending. Since then, the company has closed 340 stores, including 18 in Pennsylvania and New Jersey

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