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Big Lots said Monday that it has filed for Chapter 11 bankruptcy protection from its debts, with the discount retailer citing inflation and high interest rates for hurting its business.
Big Lots Corporate Headquarters, 4900 E. Dublin Granville Road in Westerville photographed May 12, 2021. The company announced on Monday it is filing for bankruptcy.
In addition to Fairless Hills, Souderton and Northeast Philadelphia, Big Lots has five stores in the area in Montgomery County. The chain has some 1,400 stores across the nation. It will be ...
[17] [18] In the later part of 2005, Big Lots closed 170 stores, including all free-standing Big Lots Furniture specialty stores. [19] On August 3, 2006, Big Lots announced that it would change its New York Stock Exchange ticker symbol from BLI to BIG, beginning with trading activity on August 18, 2006. [20]
In 1997, Consolidated Stores Corporation bought out the remaining MacFrugals stores for $995 million (~$1.75 billion in 2023) in stock. [1] In 2002, Big Lots (formerly Consolidated Stores) converted them into the Big Lots brand. [2] in 2020, Pic ‘N’ Save was revived as a bargain store, as of 2023, it has two locations in United States
Saleen Martin, USA TODAY. September 10, 2024 at 8:24 AM. Ohio-based discount retailer Big Lots has filed for bankruptcy and plans to close more stores under new leadership, the company announced ...
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