Leases for all remaining New York Big Lots stores are for sale, pointing to probable closures as the company continues to work through the bankruptcy process.
The CEO and president of Big Lots in December said the company remained "hopeful" about keeping some stores open.
Twenty-one Big Lots leases went up for sale this month.
As Big Lots' bankruptcy process continues, more than 460 locations are likely closing because their leases are for sale. What about Tulare?
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.
The CEO and president of Big Lots in December said the company remained "hopeful" about keeping some stores open.
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.
The states with the most Big Lots locations up for sale on the list are Texas (72), New York (49) and Florida (44).
The implosion of Big Lots has resulted in hundreds more locations going up for sale, including more than a dozen in the Dallas-Fort Worth area.
All remaining New York Big Lots store leases are up for sale as the company navigates bankruptcy. Gordon Brothers Retail Partners began listing over 460 locations nationwide, including 49 in New York, with offers due by Jan. 24. This signals likely closures, though some stores may transition to new ownership.
The future of Big Lots’ footprint in Western Pennsylvania remains unclear, but it’s not looking good for the Allegheny Township location. Its lease was recently available for transfer, a sign it could close as part of the struggling bargain retailer’s acquisition by a Boston-based asset liquidation firm.
As Big Lots' bankruptcy process continues, more than 460 locations are likely closing because their leases are on list of those for sale.