As Big Lots' bankruptcy process continues, more than 460 locations are likely closing because their leases are on list of those for sale.
About 500 Big Lots stores are planned to close, including 23 more in Ohio. Here's a look at the latest on the Columbus-based retailer's bankruptcy.
Here are the 21 Big Lots leases that were up for sale: 415 Orchard Ave., Altoona; The 49,318-square-foot lease expires on Jan. 31, 2030 with additional lease extensions available. 142 Finley Road, Belle Vernon, Pa. The 30,100-square-foot lease expires on Jan. 31, 2031 with additional lease extensions available.
As Big Lots' bankruptcy process continues, more than 460 locations are likely closing because their leases are for sale. What about Tulare?
While not much information is available, the company's plans to sell many store leases may provide some insight.
A new report predicts this year will only get worse for the already-struggling retail sector, with the number of location closings expected to double. It’s no secret that 2024 was a tough year for many retailers.
Several local Big Lots locations are set to close at the end of the month following the company's filing for bankruptcy and new ownership.
While not much information is available, the company's plans to sell many store leases may provide some insight.
The states with the most Big Lots locations up for sale on the list are Texas (72), New York (49) and Florida (44).
The company that bought Big Lots is planning to close hundreds of the chain's stores, including three in Mississippi. Here's what we know so far.
Despite striking a last minute sale to save hundreds of stores amid bankruptcy, Big Lots is still eyeing hundreds of store closures under its new owners, Gordon Brothers. The Boston-based investment group recently listed several stores' leases for sale, meaning, these locations will likely not remain open.
A real estate agency is selling leases for Big Lots locations across 47 U.S. states. See which locations are in Georgia.