Big Lots could potentially close 315 stores
There are over 1,300 locations of the discount retailer nationwide
By News on the Net -- Fox Business—— Bio and Archives--August 8, 2024
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Up to 315 of discount retailer Big Lots’ locations could be on the chopping block and facing potential closure, a Securities & Exchange Commission filing from Friday indicated.
The company disclosed in the filing that it had upped the number of permitted store closings to a maximum of 315 as part of late July amendments to a credit agreement and term loan facility. That marked a 165-store increase from the 150 closings previously permitted. ---More...
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