Big Lots, Inc. Stock News

This week, the discount retail chain Big Lots will open dozens of new stores. The openings are the third part of a four-wave relaunch of the brand, which marks a radical turnaround for a chain that was expected to close every store permanently after it filed for bankruptcy last year.

Fans of the discount retail chain Big Lots will be happy to know that the company is just days away from making the second phase of its comeback. On Thursday, May 1, Big Lots will reopen an additional 54 stores, followed by another 78 stores two weeks later on May 15.

HENDERSON, N.C.--(BUSINESS WIRE)--Big Lots! announced it will be reopening 132 stores in May 2025.

Big Lots continues to trickle back to life after a bankruptcy last year that was widely expected to lead to its demise.

Variety Wholesalers is looking to open a handful of Big Lots locations on Thursday in the first of “four waves of openings" it has planned for the discount retailer's stores it bought.

HENDERSON, N.C.--(BUSINESS WIRE)--Variety Wholesalers, a leading discount retailer known for its treasure hunt shopping experience, closeouts, and unbeatable bargains, today announced the first wave of openings for newly acquired Big Lots! locations, starting on April 10 with nine stores across six states. Variety Wholesalers brings their proven model of value-driven retail to these locations f...

Retailers have responded to a long period of inflation with a renewed emphasis on value over less-essential products, such as diamond rings.

Big Lots, a once-dominant player in the discount retail sector, faces an uncertain future following an acquisition by Gordon Brothers Retail Partners. The agreement, finalized Dec. 27, ensures hundreds of Big Lots stores will remain operational, as the assets of the bankrupt retailer are transferred to other entities, including Variety Wholesalers.