The embattled discount retail chain, which filed for Chapter 11 bankruptcy protection earlier this year, said it was unable to reach a deal to sell itself. After spending much of 2024 closing stores and recent months trying to solidify a sale of the company to keep its doors open,

Discount chain Big Lots is conducting going--out-of-business sales at its remaining locations after a sale of the company didn’t materialize.

“The Company is preparing to commence going out of business (GOB) sales at all remaining Big Lots store locations in the coming days to protect the value of its estate,” Big Lots said in the press release. CEO Bruce Thorn said the closures could be reversed if a company sale is completed.

Big Lots is preparing to close all of its locations following months of store closures and a September filing for Chapter 11 bankruptcy protection.

Months after filing for bankruptcy, Big Lots is now closing all of its nearly 1,000 stores across the country, including in.

Ohio-based Big Lots announced it would close the remainder of its stores and will hold 'going out of business' sales.

Two Big Lots stores in Lancaster County are preparing to close. Big Lots, Inc. announced on Dec. 19 that it does not anticipate completing a previously announced purchase agreement with Nexus Capital Management and will begin going out of business sales at all remaining store locations, according to a press release .