Big Lots Stores May Close Soon

August 29, 2024 – Big Lots Stores may soon be a thing of the past. The discount giant is considering a potential bankruptcy filing and may seek court protection within weeks.

The company is scrambling to find investors with cash in hand to prop up the company and avoid Chapter 11.

Share of BIG fell 27 percent in extended trading and have lost nearly 88 percent of their value this year.

The closest Big Lots store in operation is here.