![https://img.particlenews.com/image.php?url=4ME5gm_0uaczHSH00](https://img.particlenews.com/image.php?type=thumbnail_580x000&url=4ME5gm_0uaczHSH00)
DENVER ( KDVR ) — Big Lots , the discount retail chain, is the latest company to announce store closures across the U.S., and a handful of Colorado locations will soon shut their doors.
In June, a U.S. Securities and Exchange Commission filing from the company said Big Lots planned to close between 35 to 40 stores this year. Leaders within the company cited inflation and their inability to compete under economic pressures as one of the reasons for the closures.
During the first quarter of 2024, the company reported $1 billion in sales, a 10.2% decrease compared to the same period last year, said Big Lots.
Could your Safeway be sold soon? See 89 Colorado stores on planned sale list Colorado is home to 14 locations out of the company’s nearly 1,400 stores. However, that number will drop down to 10 by the end of the year.
FOX31 reached out to each location to confirm which ones will be closing permanently and which ones will remain open.
Which Colorado stores are closing?
The banner above each of these locations on Big Lots’ website says customers can save up to 20% during the store’s closure.
It is unclear what date each of these stores will close down permanently.
These Colorado stores are staying open
FOX31 reached out to Big Lots for comment on the closures but has yet to hear back.
Bed Bath & Beyond announces 87 more store closures including 2 in Colorado Big Lots isn’t the only retailer planning closures in 2024.
In April it was announced 95 Express stores nationwide would close , including three in the Denver area. In June, Walgreens said “changes” to its business could result in hundreds of store closures. Finally, Albertsons Companies released a list in early July of 89 Colorado stores that could be sold in a planned merger between the company and Kroger if approved, most of the closing stores operate under the Safeway brand.
Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to FOX31 Denver.
Comments / 0