Big Lots: Rising inflation forcing retailer to close dozens of stores
Big Lots plans to close 35-40 stores this year, highlighting economic challenges facing large retailers. The closures include four stores in Michigan.
When Big Lots first announced they were closing stores around the country, no Kentucky locations were slated to close. As of October, the company has marked five Kentucky stores up for closure.
According to a filing to the U.S. Securities and Exchange Commission, the retailer plans to close 35-40 stores this year and open three.
“In 2024, the U.S. economy has continued to face macroeconomic challenges including elevated inflation, which has adversely impacted the buying power of our customers,” the filing from Big Lots said.
Yes. As of Monday, Aug. 5, the company’s website indicated that the following stores will close:
Since August, two more Kentucky stores have been marked as closing on the company’s website:
Here’s the other four Big Lots stores are located:
Here are some of the other Big Lots locations in Kentucky:
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