Retail experts said a lackluster brand identity, flagging home goods sector and competition from online retailers and mass-discounters all contributed to Big Lots’ financial turbulence.

Closeout retail leader Ollie's is prospering amidst recent retail disruptions and store closures. Now with nearly 600 stores, ...

Some of the retailers that have failed weren’t really innovating or thinking about the customer very well,” one industry ...

Svec said Big Lots and Bed Bath & Beyond were examples of such stores. “I do think we're going to see more stores closed this year than what we saw last year,” Svec said. RELATED STORY: 2024 ...

Big Lots may close more than a dozen new stores, ... High inflation and stiff competition have dampened consumer spending at retail chains. When Did Big Lots File for Chapter 11 Bankruptcy?

The chain said it has “substantial doubt” about its ability to continue as it faces troubles with inflation and competition. According to the SEC filing, Big Lots had a total of 1,392 stores ...

Discount chain Big Lots is conducting going–out-of-business sales at its remaining locations after a sale of the company didn’t materialize. The Columbus, Ohio-based retailer, which sells ...

Big Lots is about to reopen 132 stores that it had closed last year due to its bankruptcy filing, the chain’s new owners announced.. The shuttered stores that will reopen in May are in 14 states ...

The acquisition of the Big Lots stores continues Ocean State Job Lot’s strategic plan of repurposing former retail sites. Since 2024, Corl said, the company has opened stores in six former ...

Retail experts said a lackluster brand identity, flagging home goods sector and competition from online retailers and mass-discounters all contributed to Big Lots’ financial turbulence ...