Big Lots is closing every store: Going-out-of-business sales will be held at all remaining locations ‘in the coming days’

The embattled discount retail chain, which filed for Chapter 11 bankruptcy protection earlier this year, said it was unable to reach a deal to sell itself.

After spending much of 2024 closing stores and recent months trying to solidify a sale of the company to keep its doors open, discount retail chain Big Lots has announced that it now plans to close all stores and go out of business. Here’s what you need to know about Big Lots’s closure.