Nearly 50 additional Big Lots stores are slated to close across the United States as the retailer continues its bankruptcy process.
The retailer, which filed for Chapter 11 bankruptcy protection in September, plans to close more than 340 stores. Some of those closures may have already gone into effect, as more than 50 stores have been removed from the chain's online list of locations since July 2.
Store closures for the store form part of a sale agreement with an affiliate of Nexus Capital Management LP, according to a press release from Big Lots. The company has also filed motions in court seeking approval to continue to pay employees and benefits as well as payments to certain critical vendors to continue business as usual.
Court filings from last month show 344 stores that Big Lots has chosen to close as part of its bankruptcy process.
Initially, four states, Idaho, New Mexico, Oklahoma and Texas were not slated to see any closures. But new filings show that each of them will have locations close, with Idaho, Oklahoma and New Mexico seeing one closure each and Texas seeing more than 15 stores closing across the state.
The only states not affected by Big Lots closures to this point are Delaware, Mississippi, Nebraska, North Dakota, Rhode Island and West Virginia.
Fernando Cervantes Jr. is a trending news reporter for USA TODAY. Reach him at [email protected] and follow him on X @fern_cerv_.
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