Big Lots could potentially close 315 stores
There are over 1,300 locations of the discount retailer nationwide
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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