What the sale means for your Big Lots stores

The discount department store chain, which had planned to close 500 stores nationwide, is now ceasing sales at all of its 900-plus locations.

The discounts, available at dozens of Big Lots stores in New Jersey, Delaware and Pennsylvania, were announced the same day the chain said a deal to sell the company had fallen through.

Here’s the latest on the Big Lots sale and what it means for you.

Will Big Lots go out of business?

Big Lots leadership said in a press release issued the week before Christmas that it planned to offer deep discounts at all stores in hopes of preserving the brand’s value.

The chain, which has steadily increased the number of stores it plans to close in recent months, was in talks to sell the company to Nexus Capital as part of a bankruptcy deal.

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What the sale means for your Big Lots stores

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