Big Lots, the well-known discount store, continues reopening more locations across the country after filing for bankruptcy earlier this year. The company has returned under the control of Variety Wholesalers and has begun a phased reopening: one phase in April, two in May, and more expected in June. Here’s a look at the latest stores set to resume operations.
Which Big Lots stores will reopen in June?
So far, the company has not provided specific details about the exact store locations reopening in June. However, around 125 stores are expected to reopen in two waves, with the first wave set for early June. The reopening locations are in states such as:
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Georgia
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Tennessee
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North Carolina
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South Carolina
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Virginia
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Why did Big Lots close its stores?
In September 2024, Big Lots filed for Chapter 11 bankruptcy under the U.S. Bankruptcy Code after announcing plans to close more than 400 stores nationwide. At the time, the company stated that the closures were tied to a sale agreement with a subsidiary of Nexus Capital Management LP. The initial approval of the transfer of most of its assets and operations to Nexus raised hopes for a possible recovery. However, those expectations faded in December when the sale ultimately fell through.
Which Big Lots stores have already reopened?
After filing for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code, the discount retail chain has already reopened several of its locations across the country. The reopenings that took place in April and May are:
- Alabama: Athens, Decatur, Dothan, Guntersville, Jasper, Mobile, Northport
- Florida: Crystal River, Jacksonville, Marianna, Ormond Beach, Panama City
- Georgia: Augusta, Brunswick, Buford, Cornelia, Dallas, Fort Oglethorpe, Marietta, Smyrna, Valdosta, Vidalia, Waycross
- Indiana: Jasper
- Kentucky: Campbellsville, Danville, Elizabethtown, Glasgow, Hazard, London, Middlesboro, Mount Sterling, Richmond, Somerset
- Louisiana: Metairie
- Michigan: Burton, Flint, Port Huron, Shelby Township, Southgate
- Mississippi: Southaven, Pearl
- North Carolina: Asheboro, Belmont, Burlington, Clemmons, Dunn, Elizabeth City, Elkin, Fayetteville, Gastonia, Greensboro, Greenville, Hickory, Kinston, Lexington, Lincolnton, Mocksville, Mooresville, Mount Airy, Newton, Roanoke Rapids, Rocky Mount, Selma, Shelby, Southport, Statesville, Wake Forest, Wilkesboro, Wilson
- Ohio: Alliance, Boardman, Bridgeport, Columbus, Elyria, Fremont, Grove City, Kettering, Lancaster, New Philadelphia, Reynoldsburg, Toledo, Warren, Wintersville
- Pennsylvania: Bloomsburg, Camp Hill, Cleona, Du Bois, Dunmore, East Stroudsburg, Erie, Eynon, Franklin, Lehighton, Lewisburg, Meadville, New Castle
- South Carolina: Easley, Greenwood, Lexington, Rock Hill, Seneca, Simpsonville, Spartanburg, West Columbia
- Tennessee: Alcoa, Clarksville, Cleveland, Dickson, Gallatin, Greeneville, Jefferson City, Johnson City, Knoxville, Morristown, Murfreesboro, Rogersville, Sevierville
- Virginia: Chesapeake, Chester, Fredericksburg, Front Royal, Martinsville, North Chesterfield, North Prince George, Roanoke, Waynesboro, Winchester, Yorktown
- West Virginia: Beckley, Bridgeport, Charleston, Elkins, Fairmont, Martinsburg, Oak Hill, Princeton
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What can I buy at the new Big Lots stores?
The renovated Big Lots stores will continue offering the same low prices customers have come to expect. In addition, shoppers will find a wide range of products across several categories, such as:
- Clothing
- Home décor
- Health and beauty products
- Clearance items
- Seasonal products
- Well-known brands
What is Chapter 11 of the U.S. Bankruptcy Code?
Filing for bankruptcy protection under Chapter 11 means that a company is on the brink of ceasing operations, but believes it can recover its success if given the opportunity to reorganize its assets, debts, and business operations.
By filing under Chapter 11, the company seeks protection from creditors while restructuring its business and debt. This type of protection is available to corporations, individual entrepreneurs, and partnerships. Under Chapter 11, the company’s management continues to oversee daily operations. However, major business decisions must be approved by the bankruptcy court.
