Big Lots Stores Reopenings

Discount Retailer Making a Comeback

78 More Locations Reopening This Week

Nearly 80 more Big Lots stores are gearing up to reopen this week. Variety Wholesalers is behind the push, rolling out its fourth wave of store reopenings following Big Lots’ bankruptcy. A total of 78 locations will resume business Thursday.

Stores in Florida, Georgia, Kentucky, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, and Virginia are part of this batch. Variety Wholesalers acquired 219 Big Lots stores after the company filed for Chapter 11. The sale came through a deal with Gordon Brothers Retail Partners.

Big Lots blamed high inflation, steep interest rates, and weak consumer spending for its financial troubles. The focus now is on recovery and getting customers back in the doors. The retailer's core shoppers had pulled back on home and seasonal goods.

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