Big Lots Closing Stores In Florida
Big Lots closing stores in Florida. The discount retailer has been having big problems for awhile now and it’s finally caught up to them. The company has filed for Chapter 11 bankruptcy protection and has been sold to the private equity firm Nexus Capital Management. This will cause them to close many stores around the country. Will there be any stores in Florida closing? The answer is yes.
Big Lots sells a lot of closeout furniture and home décor. Ever since high interest rates and a slow housing market, Big Lots has had a hard time making ends meet. The demand for their home goods has not been as high. The company runs over 13-hundred stores in 48 states but plans to close almost 300 locations to reduce costs. The sale to Nexus isn’t complete just yet; Big Lots will hold a court-supervised auction for the business, which could go to a different buyer if someone outbids the equity firm.
Although Big Lots has yet to publish a list of its planned store closures, in the filing with Delaware’s bankruptcy court, the company has confirmed the commencement process of closing 295 stores. The filing included a list of more than 100 locations across 32 states whose leases are expected to be rejected in September. Which stores in our area will be closing? These are the locations on the list.
Big Lots Closing Stores In Florida
- 328 E Sugarland Hwy, Clewiston, FL
- 700 Blanding Blvd Ste 1, Orange Park, FL
- 5580 NW 167th St, Miami Lakes, FL
- 2236 SE Federal Hwy, Stuart, FL
- 3921 Oakwood Blvd, Hollywood, FL
- 25191 Chamber of Commerce Dr, Bonita Springs, FL
- 1761 E Hallandale Beach Blvd, Hallandale, FL
- 11230 S Orange Blossom Trl, Orlando, FL
So, the good news is, there isn’t any on the list that are in the Tampa Bay area. Fast Company has a complete list of stores.
I love Big Lots. They have great holiday decorations that won’t make you break the bank. It’s a great time to get Halloween, Thanksgiving and even Christmas decorations. I have purchased all kinds of stuff from Big Lots, from pillows, to cleaning supplies to home décor. I would be really bummed if the Big Lots near my home closed down.