BIG Lots is making a big comeback following its bankruptcy filing last fall, slated to soon reopen 78 locations across nine states.
The stores are prepping to reopen their doors in just days on June 5 under a new business owner, who rescued the discount brand when it purchased the rights to hundreds of Big Lots stores.
GettyBig Lots is in the middle of a major comeback following its bankruptcy filing last fall[/caption] GettyBig Lots shoppers will see nearly 80 locations reopen in just days[/caption]Big Lots is undergoing a major turnaround after filing for Chapter 11 bankruptcy protection last September.
The discount giant originally announced plans to shut down nearly all of its stores, but was handed a second chance when Variety Wholesalers acquired 219 Big Lots locations.
The company, which operates other discount chains such as Bargain Town and Roses Discount, has already opened over 100 Big Lots stores under the original banner.
Variety Wholesalers reopened nine spots in April across Kentucky, Louisiana, Mississippi, North Carolina, Tennessee, and Virginia.
The company then turned on the lights at 132 stores in May, bringing Big Lots’ iconic treasure hunt back to budget buyers across the country.
Variety Wholesalers is keeping its foot on the gas, plotting to reopen more Big Lots stores in just days.
Shoppers across nine states will see 78 Big Lots locations open their doors once again on June 5.
North Carolina customers will see the biggest number of revived Big Lots spots, at 22.
Fans in Ohio will also see a major Big Lots turnaround, with 13 stores slated to reopen this coming week, and Pennsylvania customers will see 11 locations resume operations.
The impending reopenings mark the fourth wave of stores that Variety Wholesalers is reviving, bringing the formerly bankrupt discount chain’s footprint to over 200 stores.
This is just a fraction of the over 1,300 Big Lots stores that were open around this time in 2024.
Variety Wholesalers plans to host grand opening celebrations for its newly reopened stores in the fall.
BIG FALL
Although Big Lots has seen a major hit to its store count since its bankruptcy filing last fall, the reopenings mark a major comeback for the discount chain.
The company filed for Chapter 11 in September 2024, citing factors such as high inflation rates, a drop in home goods sales, and shifting consumer behavior as shoppers spent their dollars elsewhere.
Big Lots stores reopening on June 5
Variety Wholesalers, a leading discount retailer, has set out to soon reopen 78 of the Big Lots stores it acquired.
Florida
Brandon: 843 West Bloomingdale Avenue Fort Myers: 4901 Palm Beach Boulevard Unit 27B Milton: 6247 Highway 90 North Fort Myers: 13970 N. Cleveland Avenue Ruskin: 3048 State Road 674 Spring Hill: 2384 Commercial Way St. Cloud: 3401 13th Street, #100Georgia
Covington: 3111 Highway 278 NW LaGrange: 127 Commerce Avenue Statesboro: Highway 80 & Lester StreetKentucky
Bowling Green: 3000 Scottsville RoadNorth Carolina
Aberdeen: 1377 Sandhills Boulevard North Albermarle: 7201-C 24/27/Bypass E Concord: 280 Concord Parkway N Franklin: 273 Franklin Park Fuquay-Varina: 630 Lakestone Commons Avenue High Point: 1677 Westchester Drive High Point: 2531 Eastchester Drive Jacksonville: 1110 Western Boulevard Kannapolis: 950 S. Cannon Boulevard, Suite A Laurinburg: 1664 S Main St Lumberton: 2750c North Roberts Avenue Morehead City: 2900 Arendell Street, Suite 19 Morganton: 1251 Burkemont Avenue Murphy: 1450 Andrews Road New Bern: 520 Berne Square Shopping Center Salisbury: 711 East Innes Street Sanford: 2950 South Horner Boulevard Shallotte: 4600 Main Street Spindale: 2016 Hwy 74A Waynesville: 1176 Russ Avenue Weaverville: 130 Weaver Boulevard Wilmington: 6832 Market StreetOhio
Akron: 1890 West Market Street Akron: 426 East Waterloo Road Barberton: 241 W Wooster Rd Canton: 1336 Whipple Avenue, NW Cincinnati: 3640 Werk Road Cuyahoga Falls: 405 Howe Avenue Gallipolis: 400 Silver Bridge Plaza Garfield Heights: 12588 Rockside Road Harrison: 10560 Harrison Avenue Marietta: 110 South 7th Street Mentor: 8489 Market Street South Point: 367 County Road 406, Suite B Wheelersburg: 9025 Ohio River RoadPennsylvania
East Rochester: 750 Ohio River Boulevard Ephrata: 389 N. Reading Road Fairless Hills: 500 Lincoln Highway (Route 1) Greensburg: 6041 State Route 30 Suite 20 Hanover: 1150 Carlisle Street Indiana: 2444 Philadelphia Street Johnstown: Scalp Avenue & Route 219 Pittsburgh: 4717 McKnight Road Pittsburgh: 11628 Penn Hills Drive Washington: 254 Oak Springs Road York: 2140 White StreetSouth Carolina
Beaufort: 328 Robert Smalls Parkway Columbia: 9221 Two Notch Road Columbia: 6169 St. Andrews Road Conway: 1641 Church Street Goose Creek: 431 St. James Avenue, Unit B Lancaster: 1206 Highway 9 Bypass Moncks Corner: 1013 Old Highway 52 Myrtle Beach: 1370 South Kings Highway North Myrtle Beach: 710 Highway 17 South, Suite B Summerville: 10150 Dorchester RoadTennessee
Chattanooga: 3901 Hixson Pike Suite 157 Columbia: 1301 S James Campbell Boulevard Cookeville: 633 S Jefferson Avenue Kingsport: 1913 Sherwood Road Rockwood: 1496 N. Gateway AvenueVirginia
Chesapeake: 1971 Military Highway South Hampton: 2318 West Mercury Boulevard Norfolk: 1851 E. Little Creek Road Richlands: 180 Kents Ridge Road Vinton: 1090 Bypass Road Williamsburg: 6610 Mooretown RoadSource: The Hill
Big Lots saw a beacon of hope when the company Nexus Capital Management was supposed to acquire the chain’s assets and business operations, pulling it out of bankruptcy.
However, the deal ultimately was not executed, with Big Lots announcing liquidation sales and plans to shut down its remaining stores.
Big Lots was then given a second chance, reaching a deal to sell between 200 and 400 locations to Gordon Brothers Retail Partners under the agreement that Variety Wholesalers would acquire and reopen them, maintaining the Big Lots branding.
Under the new ownership, Big Lots customers will see a renewed focus on affordable goods in areas where budget retail is in high demand.
Several other Big Lots stores that will not be reopened have been acquired and are set to transition into other big retail names.
For example, in March, a beloved discount chain similar to Big Lots revealed that it had acquired 15 locations.
Ollie’s Bargain Outlet also acquired 40 Big Lots stores in March.
BRANDS HARD HIT BY BANKRUPTCIES
Many chains have struggled to adapt to a post-Covid retail landscape, with several companies filing for bankruptcy
JoAnn Fabrics and Crafts announced it would close all 800 stores after filing for bankruptcy twice in a year.
Hooters announced plans to file for Chapter 11 bankruptcy protection in February.
Liberated Brands announced that it would be closing all 122 retail locations for its boardsport fashion brands Quiksilver, Billabong, and Volcom.
Forever 21 shut down its headquarters after filing for bankruptcy and laying off 358 employees.
Macy’s announced major restructuring plans amid mass store closures.
Read More Details
Finally We wish PressBee provided you with enough information of ( Big Lots set to open 78 new stores across 9 states on June 5 after bankruptcy filing – see if your location is included )
Also on site :