Big Lots is closing an additional 19 locations as part of its Chapter 11 bankruptcy, reflecting ongoing efforts to streamline operations and financial restructuring.
California is the state most affected by the new closures, with five locations closing, emphasizing the challenges faced by Big Lots amid its financial difficulties.
The retailer's initial plan included about 315 store closures, but that number has increased as part of its restructuring process to adapt to market conditions.
Stakeholders have until November 23 to object to the store closures, indicating ongoing discussions regarding the financial restructuring and sales process for Big Lots.
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