Nationwide discount retailer with 1,400 stores sparks fears of mass closures as it mulls bankruptcy
A nationwide discount homeware chain with almost 1,400 stores is the latest to warn of money problems. Big Lots has told financial regulators it may not be able to continue as a 'going concern' - raising the risk of store closures and bankruptcy. The Columbus, Ohio-based chain has seen its takings fall consistently for each of the past ten quarters. And it lost an eye-watering $132milloin in the first three months of 2024.
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