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Savannah Big Lots to close along with dozens of other stores
By Addy Bink,
6 days ago
(NEXSTAR) — Dozens of Big Lots stores are preparing to close roughly a month after the company warned in a U.S. Securities & Exchange Commission (SEC) filing that between 35 and 40 locations could shutter this year.
In that filing, company leaders pointed to inflation and difficulties in competing, saying they had “a substantial doubt” in their ability to continue.
“While we made substantial progress on improving our business operations in Q1, we missed our sales goals due largely to a continued pullback in consumer spending by our core customers, particularly in high ticket discretionary items,” President and CEO Bruce Thorn said in a June statement.
Big Lots has not released a complete list of stores that will be closed but signs have already begun appearing at apparently affected locations.
Many stores have banners on their web pages that read “closing this location” while alerting customers they could “save up to 20% off.”
That includes the website for the Big Lots in Savannah/Georgetown, located at 13051 Abercorn St.
As of Tuesday, Nexstar found the following stores with closure notices on their web pages:
Alabama: Troy
Arizona: Flagstaff, Glendale, Laveen, Mesa, East Mesa, Peoria, Phoenix (Ray Road, 75th Avenue, Bell Road, West Bethany Road, East Bell Road), Scottsdale, Tucson (North Oracle Road)
Colorado: Aurora (South Parker Road), Grand Junction, Littleton, Longmont
Connecticut: Manchester, Milford, Waterford
Florida: Boca Raton, Bonita Springs, Clewiston, Coconut Creek, Destin, Hallandale, Hollywood, Miami Lakes, Orange Park, Orlando (Waterbridge Downs), Pompano Beach
Georgia: Savannah, Thomson
Illinois: Crest Hill, Lockport, Niles
Indiana: North Indianapolis, Kokomo
Kansas: Kansas City
Louisiana: Lafayette, Natchitoches
Maryland: Laurel, Lexington Park, Reisterstown
Massachusetts: Dennis Port
Michigan: Kentwood, Okemos, Portage, Ypsilanti
Minnesota: Albert Lea
Missouri: Kansas City (Washington Street), Saint Joseph, Saint Louis (Christy Boulevard)
Washington: Bellingham, Burien, Covington, Everett, Kent, Lacey, Lynnwood, Olympia, Port Angeles, Renton, Tacoma (72nd Street), Vancouver (SE 164th Avenue)
Wisconsin: Fond du Lac, Menomonee Falls, Mount Pleasant, Sheboygan, West Bend
Based on their individual web pages, none of the Big Lots stores in Arkansas, Delaware, Idaho, Iowa, Kentucky, Maine, Mississippi, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Dakota, Ohio, Oklahoma, Rhode Island, Tennessee, Texas, West Virginia, or Wyoming are set to close.
It’s unclear when all of these stores may close, and what lead the company to close — or not close — specific locations. Big Lots did not immediately respond to Nexstar’s request for information.
Big Lots currently has 1,389 locations across 48 states (only Alaska and Hawaii are without stores). The Columbus, Ohio, based company began in 1967, but it wasn’t until 2001 that all of its store names switched to Big Lots.
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