Times Union · 3h
Big Lots adds stores in Troy, Binghamton to closure list
Big Lots last month agreed to be purchased by an investment firm, Nexus Capital Management LP. As part of the deal, Big Lots has entered Chapter 11 bankruptcy in U.S. District Court in Delaware. In Chapter 11, a business can reorganize in a way that helps pay off creditors and solves the company’s financial problems.
Taste of Country · 3h
Big Lots Closing 47 More Locations — Total Closures Now 350+
Earlier this month, Big Lots filed for Chapter 11 Bankruptcy protection, with a plan to close just over 300 locations. They have just added 47 more to that list, bringing the closure total to above 350 stores. This isn't just a geographical thing — it's happening to Big Lots everywhere.
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