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Big Lots Announces Closure of Up to 315 Stores Amid Financial Struggles

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the staff of the Ridgewood blog

Paramus NJ, Big Lots, the big-box discount retailer, has announced plans to close up to 315 additional stores, marking a significant expansion of its previously reported store closures. Just last month, the company revealed plans to shutter 35-40 stores by the end of the year. However, a recent filing with the Securities and Exchange Commission (SEC) indicates that the number has drastically increased.

Continue reading Big Lots Announces Closure of Up to 315 Stores Amid Financial Struggles

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Big Lots Faces Financial Struggles and Store Closures Amid Economic Challenges

61928685 1019456671587099 2679430753657290752 n

the staff of the Ridgewood blog

Paramus NJ, in the latest blow to the retail sector, discount home goods retailer Big Lots has announced plans to shutter additional stores this year, and the company may be facing the threat of permanent closure. This revelation highlights the ongoing financial difficulties faced by major chains as inflation-weary consumers tighten their spending.

Continue reading Big Lots Faces Financial Struggles and Store Closures Amid Economic Challenges