Big Lots, Inc.

Location

Ohio

Founded

1967-02-08

Risk Signals

2599 news mentions monitored

Industry Context

This company is tracked across risk categories, including those related to its sector (e.g., Variety Stores), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.

Recent Articles about Big Lots, Inc.

Live alerts from global media, monitored by Business Radar

Big Lots is going out of business: Casper store has 50% sale

2024-12-21 (trib.com)

Big Lots is going out of business: Casper store has 50% sale

Big Lots blamed several economic factors for its bankruptcy, including high inflation and interest rates.

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US bankruptcies at 14-year high with 512 companies filing this year alone – Recession fears

2024-10-18 (newsbeast.gr)

US bankruptcies at 14-year high with 512 companies filing this year alone – Recession fears

Bankruptcies filed in the US from January to September hit a 14-year high, excluding pandemic levels, with more than 500 filings in a year.

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Big Lots to close 56 more stores, including Lehigh Valley location

2024-10-14 (wfmz.com)

Big Lots to close 56 more stores, including Lehigh Valley location

Big Lots filed for Chapter 11 bankruptcy protection in September, citing economic factors such as high inflation and interest rates that have affected its customers’ purchasing behavior.

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BIG LOTS closes 340 stores after BANKRUPTCY with auctions of 70%

2024-10-02 (lafm.com.co)

BIG LOTS closes 340 stores after BANKRUPTCY with auctions of 70%

The last year has been difficult for many companies around the world. The pandemic and economic instability have led hundreds of companies to file for bankruptcy and close their doors due to economic difficulties.

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Big Lots Files For Bankruptcy Blames Inflation For Economic Problems

2024-09-11 (salemnewschannel.com)

Big Lots Files For Bankruptcy Blames Inflation For Economic Problems

Big Lots is filing for Bankruptcy after previously warning that it had “substantial doubt” about its survival. As part of its Chapter 11 filing, the discount retailer announced that Nexus Capital Management will acquire pretty much all its stores and operations. Big Lots blamed several economic

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Big Lots enters US bankruptcy protection, may close more stores

2024-09-10 (journalnow.com)

Big Lots enters US bankruptcy protection, may close more stores

Big Lots cited that lingering impact of the COVID-19 pandemic upon retail shopping and inflationary factors in its sourcing for part of its financial challenges and subsequent Chapter 11 bankruptcy

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Big Lots Files For Bankruptcy Citing Inflation

2024-09-09 (dailywire.com)

Big Lots Files For Bankruptcy Citing Inflation

Big Lots filed for bankruptcy on Monday citing inflation and high interest rates as main reasons for the discount retail store’s financial troubles. The home goods chain, which boasts bargain prices for furniture and decor also pointed to fewer people spending money on these things in the wake of

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The giant market has officially collapsed! All stores will be closed

2024-09-08 (muglagazetesi.com.tr)

The giant market has officially collapsed! All stores will be closed

Big Lots, one of the US retail giants, is preparing to file for bankruptcy. The company announced that it would put its stores up for sale and wait for offers. Big Lots, which had a hard time due to the global economic crisis, cooperated with AlixPartners and Guggenheim Partners to receive consultancy services.

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Retailers Need to Grow and Are Willing to Pay for It, Making Redevelopment Pencil Out

2024-07-18 (icsc.com)

Retailers Need to Grow and Are Willing to Pay for It, Making Redevelopment Pencil Out

If the average cost of construction was around $80 per square foot before the pandemic, inflation and lingering supply chain issues for certain materials have propelled the price to about $120 per square foot, Ifshin suggested.

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Big Lots, Inc.'s (NYSE:BIG) latest 27% decline adds to one-year losses, institutional investors may consider drastic measures

2024-05-22 (simplywall.st)

Big Lots, Inc.'s (NYSE:BIG) latest 27% decline adds to one-year losses, institutional investors may consider drastic measures

Key Insights Given the large stake in the stock by institutions, Big Lots' stock price might be vulnerable to their...

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Salesforce, Big Lots rise; Pure Storage, Cracker Barrel fall, Thursday, 11/30/2023

2023-11-30 (sandiegouniontribune.com)

Salesforce, Big Lots rise; Pure Storage, Cracker Barrel fall, Thursday, 11/30/2023

Stocks that traded heavily or had substantial price changes Thursday: Salesforce, Big Lots rise; Pure Storage, Cracker Barrel fall

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U.S. big-box retailers shudder, shutter amid rocky start of 2023

2023-01-01 (news.cn)

U.S. big-box retailers shudder, shutter amid rocky start of 2023

U.S. big-box retailers shudder, shutter amid rocky start of 2023-

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