Big Lots Announces Closure Of Over 400 Stores Amid Financial Struggles

In a shocking turn of events, Big Lots has revealed plans to close more than 400 of its stores across the United States. This announcement follows their recent filing for Chapter 11 bankruptcy protection in September, marking a significant decline for a retailer that has been a staple in American shopping since the 1960s. The company has faced ongoing challenges, leading to the decision to shutter locations and implement major inventory sales to clear out existing stock.

As of October 11, the list of closures has expanded dramatically. Initially, Big Lots planned to close 47 locations, but that number has now jumped to 56 additional stores, pushing the total number of closures to over 400. This widespread move reflects the company’s struggle to maintain its footing in a competitive retail environment, offering deep discounts on a wide range of goods to attract customers.

According to CBS News, the closures are not limited to any specific region, affecting stores from coast to coast. Communities across the nation are bracing for the loss of their local Big Lots, which has been known for its affordability and variety. The closures signify not just a corporate decision, but also the impact of changing shopping habits and economic pressures faced by many retailers today.

Details of the Closures by State

Here’s a detailed look at the states impacted by the latest closures:

Alabama

• 142 Green Springs Highway, Homewood 35209

Arkansas

• 150 E Oak Street, Conway 72032

Arizona

• 1799 Kiowa Avenue #106, Lake Havasu City 86404

California

• 16824 Main Street, Hesperia 92345
• 1201 E Manning Avenue, Reedley 93654
• 2727 N Grand Avenue, Santa Ana 92705
• 2685 Hilltop Drive, Redding 96002

Colorado

• 893 S Kuner Road, Brighton 80601

Connecticut

• 1235 Farmington Avenue, Bristol 06010

Florida

• 751 Good Homes Road, Orlando 32818
• 14948 N Florida Avenue, Tampa 33613

Georgia

• 4200 Wade Green Road NW Ste 144, Kennesaw 30144
• 160 Market Square, Cartersville 30120

Illinois

• 1383 E Pershing Road Suite A, Decatur 62526
• 8750 N 2nd Street, Machesney Park, 61115

Indiana

• 1538 North Morton Street, Franklin 46131
• 918 W Lincoln Highway, New Haven 46774
• 440 New Albany Plaza, New Albany 47150

Iowa

• 3320 Agency Street, Burlington 52601

Kansas

• 7408 Nieman Road, Shawnee 66203

Louisiana

• 3250 Gerstner Memorial Drive, Lake Charles 0601

Maryland

• 1815 Pulaski Highway, Edgewood 21040
• 1200 Smallwood Drive W, Waldorf 20603

Michigan

• 29712 Southfield Road, Southfield 8076
• 30000 Plymouth Road, Livonia 48150

Missouri

• 603 SW US Highway 40, Blue Springs 64014
• 691 Gravois Bluffs Boulevard, Fenton 63026

Nebraska

• 850 E 23rd Street, Fremont 68025

New Mexico

• 465 Coors Blvd NW, Albuquerque 87121
• 9500 Montgomery Boulevard NE, Albuquerque 87111

North Carolina

• 223 New Market Center, Boone 28607

Ohio

• 60 E Schrock Road, Westerville 43081
• 1733 Pearl Road Suite 125, Brunswick 44212
• 6235 Wilson Mills Road, Highland Heights 44143
• 26425 Great Northern Plaza, North Olmsted 44070

Oklahoma

• 2144 S Sheridan Road, Tulsa 74129
• 1200 N Hills Center, Ada 74820

Pennsylvania

• 15501 Bustleton Avenue, Philadelphia 19116
• 2631 Macarthur Road, Whitehall 18052

Tennessee

• 791 West Elk Avenue, Elizabethton 37643
• 2020 Gunbarrel Road Ste 186, Chattanooga 37421

Texas

• 3512 Lamar Avenue, Paris 75460
• 2729 New Boston Road, Texarkana 75501
• 425 Sawdust Road Suite A, Spring 77380
• 1374 W Main Street, Lewisville 75067
• 850 N Bell Boulevard #104, Cedar Park 78613
• 2249 S Loop 288, Denton 76205
• 4002 Sunset Drive, San Angelo 76904

Virginia

• 4300 Portsmouth Boulevard, Chesapeake 23321
• 6571 Market Drive, Gloucester 23061
• 8151 Brook Road, Richmond 23227

Washington

• 2401 N Pearl Street, Tacoma 98406
• 120 N Fair Avenue, Yakima 98901
• 11696 NE 76th Street, Vancouver 98662
• 3019 W Kennewick Avenue, Kennewick 99336

Wisconsin

• 1800 Milton Avenue Suite 100, Janesville 53545

These closures underscore a difficult reality for Big Lots and its employees, as the company attempts to navigate through financial turmoil. With more than 350 stores already in the process of shutting down, the company is holding major inventory blowout sales to clear out remaining merchandise.

As the retail landscape continues to evolve, it raises questions about the future of many brick-and-mortar retailers who are struggling to keep pace with changing consumer preferences and economic challenges. The widespread closures serve as a reminder of the pressures facing the retail industry today.