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    Big Lots to close 35 to 40 stores in 2024

    By Natalie Dreier, Cox Media Group National Content Desk,

    6 days ago
    https://img.particlenews.com/image.php?url=2G634E_0uLh7kgT00

    Discount retailer Big Lots is planning to close dozens of stores this year.

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    The company made the announcement in a recent Securities and Exchange Commission filing, CBS News reported. Specific locations were not identified.

    “In, 2024, we currently expect to open three stores and close 35 to 40,” Big Lots wrote .

    Big Lots had a net loss of $205 million in the last quarter blamed on “a continued pullback in consumer spending by our core customers, particularly in high-ticket, discretional items,” CEO Bruce Thorn said in June, according to WTNH .

    Big Lots has more than 1,300 stores in 48 states.


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