Big Lots Announces Store Closures Nationwide

35-40 Locations to Close Amid Ongoing Retail Struggles

Impact on Local Communities and Lost Sales Expected

Big Lots, the Ohio-based retail chain, has released a list of store closures as part of its network restructuring. The company plans to close 35-40 locations this year, primarily in and around major cities.

The closures come amidst a challenging financial climate for the company. A recent financial filing revealed millions in lost sales. The move is expected to have a significant impact on local communities, as these stores often provide essential goods and services.

Big Lots joins a growing number of retailers facing store closures this year. The ongoing struggle in the retail sector has forced many companies to re-evaluate their operations and make difficult decisions about their brick-and-mortar presence.