Big Lots warns it might go out of business as it closes 35-40 stores
Briefly

Big Lots warns of substantial doubt on its ability to continue as a going concern due to net losses and cash reserve depletion.
The company plans to open three new stores but close between 35 and 40, with an increasing long-term debt load.
Other discount retailers like 99 Cents Only and Dollar Tree are facing bankruptcy, closures, and financial challenges in the market.
Read at Fortune
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