Big Lots shutdown shocker – complete list of closures revealed

Big Lots is facing financial challenges due to a tough economic environment , especially high inflation impacting consumer spending.

The company's first quarter of 2024 saw declining revenues and increased long-term debt, raising concerns about its sustainability.

Originally planning to close between 35 and 40 stores, Big Lots has now identified around 135 stores in over two dozen states for closure .

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This increased number of closures indicates potential financial distress, with reports suggesting the possibility of a bankruptcy filing.

The struggles faced by Big Lots reflect broader difficulties in the retail sector post-COVID-19.

The most closures are in California, with 54 stores shutting down, including locations in Sacramento, Anaheim, and Bakersfield.

Additionally, stores in Chicago, Colorado, Long Island, and Oregon are also slated for closure, offering discounts of up to 20% off on remaining items.

Furthermore, Big Lots recently acquired Hearthsong, adding over 500 new toy products at discounted prices of 50% to 70% off.

The company aims to enhance its off-price sourcing under new leadership and rebuild its reputation for bargains despite recent financial setbacks.

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Nexstar has identified stores across 27 states 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)

Montana: Helena

New York: Carle Place, Centereach, Queensbury

North Carolina: Durham (Avondale Drive)

Oregon: Albany, Salem

Pennsylvania: Clifton Heights, Exton

South Carolina: Aiken, Chester, Newberry

South Dakota: Rapid City

Utah: Layton, Logan

Vermont: Barre

Virginia: Fredericksburg (Warrenton Road), Manassas

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