Big Lots plans to close as many as 315 stores nationwide, the embattled discount retailer disclosed in a regulatoryfiling.
In addition to the closures, Big Lots detailed updated loan terms that reduce the Columbus, Ohio-based retailer's credit limit and hike the line's interest rate, according to the document submitted to the Securities and Exchange Commission. An earlier agreement allowed for as many as 150 store closings.
The expanded retreat comes a month after Big Lots announced plans to open three stores and close 35 to 40 this year, adding that it expected further operating losses and citing "substantial doubt" about its ability to continue.
Big Lots declined to comment on specific store closures, but said in an email that the chain reviews its store footprint on an ongoing basis. "While the majority of our stores are profitable, we have made the difficult decision to close certain underperforming stores," a company spokesperson said.
The retailer planned to support its "hard-working associates impacted by a closure, including by accepting requests to transfer to another Big Lots location, if they choose," the spokesperson said. Workers unable to move to another store will be given severance, the spokesperson added.
Big Lots in June reported a net loss of $205 million in the quarter ending May 4, 2024, with its president and CEO Bruce Thorn stating at the time that the company's sales had taken a hit "due largely to a continued pullback in consumer spending by our core customers, particularly in high ticket discretionary items."
The retailer's sales fell 10% to $1 billion in its first quarter, according to Big Lots, which operates more than 1,389 stores in 48 states, according to its website.
The state of California is set to lose 75 of Big Lots' 109 stores, according to the company's website, while none of the 116 locations in Texas are shown as closing.
Here's a state-by-state rundown of stores slated to close:
Alabama
- 1327 S. Brundidge St., Troy
Arizona
- 1416 E Route 66, Flagstaff
- 17510 N 75th Ave., Glendale
- 3630 W. Baseline Rd., Laveen
- 2840 E Main St., Ste 109, Mesa
- 6839 E Main St., Mesa
- 24760 N Lake Pleasant Pkwy., Peoria
- 2020 N 75th Ave., Ste 40, Phoenix
- 230 E. Bell Rd., Phoenix
- 4727 East Bell Rd., Phoenix
- 2330 W Bethany Home Rd., Phoenix
- 4835 E Ray Rd., Phoenix
- 1260 Gail Gardner Way, Prescott
- 10220 N 90th St., Scottsdale
- 940 E Baseline Rd., Tempe
- 7025 E Tanque Verde Rd., Tucson
- 4525 N Oracle Rd., Tucson
- 3900 W Ina Rd., Tucson
- 2520 S Harrison Rd., Tucson
Arkansas
- 2999 N College Ave., Fayetteville
California
1670 W Katella Ave., Anaheim6336 E Santa Ana Canyon Rd., Anaheim2240 El Camino Real, Atascadero1085 Bellevue Rd., Atwater1211 Olive Dr., Bakersfield2621 Fashion Pl., Bakersfield1482 E 2nd St., Beaumont353 Carmen Dr., Camarillo19331 Soledad Canyon Rd., Canyon Country1611 E Hatch Rd., Ste A Ceres1927 E 20th St., Chico12550 Central Ave., Chino2060 Monument Blvd., Concord740 N Main St., Corona5587 Sepulveda Blvd., Culver City912 County Line Rd., Delano1085 E Main St., El Cajon8539 Elk Grove Blvd., Elk Grove1500 Oliver Rd., Fairfield9500 Greenback Ln., Ste 22, Folsom17575 Foothill Blvd., Fontana1986 Freedom Blvd., Freedom3520 W. Shaw Ave., Fresno4895 E Kings Canyon Rd., Fresno7370 N Blackstone Ave., Fresno2900 W Rosecrans Ave., Gardena360 E 10th St., Gilroy1551 Sycamore Ave., Hercules42225 Jackson St., Ste B, Indio3003 W Manchester Blvd., Inglewood1020 W Imperial Hwy, La Habra6145 Lake Murray Blvd., La Mesa4484 Las Positas Rd., Livermore380 S Cherokee Ln., Lodi1009 N H St., Ste M, Lompoc2238 N Bellflower Blvd., Long Beach951 W Pacheco Blvd., Los Banos1321 West Yosemite Ave., Manteca665 Fairfield Dr., Merced111 Ranch Dr., Milpitas27142 La Paz Rd., Mission Viejo3900 Sisk Road, Modesto3615 Elkhorn Blvd., North Highlands1702 Oceanside Blvd., Oceanside4430 Ontario Mills Pkwy, Ontario1875 Oro Dam Blvd E., Oroville6646 Clark Rd., Paradise47 Fair Ln., Placerville30501 Avenida De Las Flores, Rancho Santa Margarita810 Tri City Ctr., Redlands2620 Canyon Springs Pkwy., Riverside565 Rohnert Park Expressway, Rohnert Park6630 Valley Hi Dr., Sacramento8700 La Riviera Dr., Sacramento370 Northridge Mall, Salinas499 W Orange Show Rd., San Bernardino3735 El Camino Real, Santa Clara1417 S Broadway, Santa Maria568 W Main St., Ste B, Santa Paula2055 Mendocino Ave., Santa Rosa1189 Simi Town Center Way, Simi Valley633 Sweetwater Rd., Spring Valley2720 Country Club Blvd., Stockton27411 Ynez Rd., Temecula955 Sepulveda Blvd., Torrance2681 N Tracy Blvd., Tracy1840 Countryside Dr., Turlock225 Orchard Plz., Ukiah818 Alamo Dr., Vacaville14790 La Paz Dr., Victorville2525 S Mooney Blvd., Visalia13241 Whittier Blvd., Whittier52 W Court St., Woodland1320 Franklin Rd., Yuba City56865 29 Palms Hwy., Yucca Valley
Colorado
6626 South Parker Rd., Aurora1990 S Academy Blvd., Colorado Springs2975 New Center Point, Colorado Springs5085 N Academy Blvd., Colorado Springs2401 N Ave, Ste 19b, Grand Junction2628 11th Ave., Greeley8100 W Crestline Ave., Unit B5, Littleton2151 Main St., Longmont
Connecticut
1470 Pleasant Valley Rd., Manchester56 Turnpike Sq., Milford3105 Berlin Tpke., Newington42 Town St., Ste 1200, Norwich1931 E Main St., Torrington650 Wolcott St., Waterbury40 Boston Post Rd., Waterford560 Windsor Ave., Windsor
Florida
21697 State Rd., 7, Boca Raton25191 Chamber Of Commerce Dr., Bonita Springs901 N Congress Ave., Boynton Beach7381 52nd Pl. E, Bradenton
328 E Sugarland Hwy., Clewiston4847 Coconut Creek Pkwy., Coconut Creek2400 W International Speedway, Daytona Beach34940 Emerald Coast Pkwy., Destin15271 Mcgregor Blvd., Fort Myers1761 E Hallandale Beach Blvd., Hallandale3921 Oakwood Blvd., Hollywood8265 W Flagler St., Miami5580 Nw 167th St., Miami Lakes2882 Tamiami Trail E, Naples700 Blanding Blvd., Ste 1, Orange Park11230 S Orange Blossom Trail, Orlando11672 E Colonial Dr., Orlando1801 S Semoran Blvd., Orlando7067 W Broward Blvd., Ste B, Plantation1440 NE 23rd St., Pompano Beach11854 US Highway 19, Port Richey511 N State Rd. 7, Royal Palm Beach3750 Bee Ridge Rd., Sarasota2236 Se Federal Hwy., Stuart12601 Citrus Plaza Dr., Tampa41306 US Hwy 19 N, Tarpon Springs
Illinois
8148 S Cicero Ave., Burbank1699 River Oaks Dr., Calumet City1139 W Broadway, Centralia1608 N Larkin Ave., Crest Hill204 S. Randall Rd., Elgin10850 Lincoln Trl., Fairview Heights340 Summit Dr., Lockport7233 W Dempster St., Niles17w714 W 22nd St., Oakbrook Terrace
Indiana
- 138 W Hively Ave., Elkhart
- 3958 Illinois Rd., Fort Wayne
- 8401 Michigan Rd., Indianapolis
- 2136 E Markland Ave., Kokomo
- 2806 Frontage Rd., Warsaw
Kansas
7533 State Ave., Kansas City2450 South 9th St., SalinaKentucky
1321 2nd St., Henderson1980 Pavilion Way, Lexington4025 Poplar Level Rd., Unit 102, LouisvilleLouisiana
- 3161 E Texas St., Bossier City
- 2354 S Range Ave., Denham Springs
- 3557 Ambassador Caffery Pkwy., Lafayette
- 339 South Dr., Ste D, Natchitoches
Maine
- 1100 Brighton Ave., Portland
Maryland
4420 Mitchelville Rd., Bowie6623 Governor Ritchie Hwy., Glen Burnie3331 Corridor Marketplace, Laurel21800 N Shangri La Dr., Unit 20, Lexington Park11989 Reisterstown Rd. #a, Ste A, ReisterstownMassachusetts
41 Pond St., Ashland400 Main St., Dennis Port178 N King St., Northampton179 Highland Ave., Seekonk1150a Union Street Ext., West SpringfieldMichigan
750 Perry Ave., Big Rapids373 N Willowbrook Rd., Coldwater2353 N Park Dr., Holland3669 E. Grand River Ave., Howell4254 28th St. SE, Kentwood5625 W Saginaw Hwy., Unit 1, Lansing32399 John R Rd., Madison Heights2020 Grand River Ave., Okemos1401 Spring St., Petoskey6207 S Westnedge Ave., Portage2850 Washtenaw Ave., Ypsilanti
Minnesota
- 2614 Bridge Ave., Albert Lea
Missouri
4201 S Noland Rd., Independence3225 Missouri Blvd., Jefferson City13637 Washington St., Kansas City1417 N Belt Hwy., Saint Joseph4433 Lemay Ferry Rd., Saint Louis4930 Christy Blvd., Ste 2, Saint Louis
Montana
1200 10th Ave. S, Great Falls2930 Prospect Ave., Helena
New Hampshire
- 216 Washington St., Claremont
Nevada
- 1601 W Craig Rd., N Las Vegas
New Jersey
- 471 Green St., Woodbridge
New York
- 2276 Delaware Ave., Buffalo
- 698 S Ogden St., Buffalo
- 4406 State Route 5 & 20, Ste 129, Canandaigua
- 260 Voice Rd., Carle Place
- 231 Centereach Mall, Centereach
- 2309 N Triphammer Rd., Ithaca
- 4645 Commercial Dr., New Hartford
- 316 Cornelia St., Plattsburgh
- 43 Burnett Blvd., Poughkeepsie
- 751 Upper Glen St., Ste 2, Queensbury
North Carolina
8215 University City Blvd., Ste E, Charlotte9535 S Blvd., Ste C, Charlotte2000 Avondale Dr., Ste E, Durham3420 Southwest Durham Dr., Durham822 E Main St., Jefferson1515 Garner Station Blvd., Raleigh6540 Glenwood Ave., Raleigh
Ohio
11372 Princeton Pike, Cincinnati9690 Colerain Ave., Cincinnati359 Miamisburg Centerville Rd., Dayton1520 N Clinton St., Defiance1170 Indiana Ave., Saint Marys410 E Perkins Ave., Sandusky4925 Jackman Rd., Ste 15, Toledo7779 Tylersville Rd., West Chester
Oregon
2000 14th Ave. SE, Albany18565 SW Tualatin Valley Hwy., Beaverton1960 Echo Hollow Rd., Eugene304 NE Agness Ave., Grants Pass2083 NE Burnside Rd., Gresham2121 Newmark St., North Bend16074 SE Mcloughlin Blvd., Ste 8, Portland2025 Lancaster Dr. NE, Salem
Pennsylvania
713 E Baltimore Ave., Clifton Heights2820 Gracy Center Way, Coraopolis201 West Lincoln Hwy, Exton345 Scarlet Rd., Ste 22, Kennett Square199 Franklin Mills Blvd., Philadelphia2980 Whiteford Rd., York
South Carolina
1016 Pine Log Rd., Aiken1841 J A Cochran Byp., Ste A, Chester1937 Wilson Rd., NewberrySouth Dakota
1617 Eglin St., Rapid City
Tennessee
209 S Royal Oaks Blvd., Ste 206, Franklin2301 Gallatin Pike N, Madison1410 S 1st St., Union City
Utah
702 E State Rd., American Fork1030 North Main St., Layton1617 North Main St., Logan5516 South 900 E, Murray
Vermont
1400 Us Route 302, Berlin303 Us Route 4 E., Rutland
Virginia
590 Branchlands Blvd., Charlottesville736 Warrenton Rd., Unit 102, Fredericksburg2110 Wards Rd., Lynchburg7743 Sudley Rd., Manassas,5900 E. Virginia Beach Blvd, Norfolk8533 Midlothian Tpke., North Chesterfield1650 General Booth Blvd., Ste 200, Virginia Beach14603 Telegraph Rd., Woodbridge
Washington
1650 Birchwood Ave., Bellingham14907 4th Ave. SW, Burien17307 SE 272nd St., Covington6727 Evergreen Way, Everett1301 W Meeker St., Kent1515 Marvin Rd. NE, Lacey5401 100th St. SW, Ste. 102, Lakewood5710 196th St. SW, Lynnwood2815 Capital Mall Dr. SW, Olympia1940 E 1st St., Port Angeles3399 Bethel Rd. SE, Port Orchard120 31st Ave. SE, Puyallup14215 SE Petrovitsky Rd., Renton1743 George Washington Way, Richland9612 N Newport Highway, Spokane1414 72nd St., Tacoma2100b SE 164th Ave., Ste E, Vancouver151 Easy Way, Wenatchee
Wisconsin
616 W Johnson St., Fond Du Lac3960 Mormon Coulee Rd., La CrosseN78w14511 Appleton Ave., Menomonee Falls5415 Washington Ave., Mount Pleasant699 S Green Bay Rd., Neenah3426 Kohler Memorial Dr., Sheboygan1690 S Main St., West Bend
Wyoming
- 3501 E Lincolnway, Cheyenne
Kate Gibson
Kate Gibson is a reporter for CBS MoneyWatch in New York, where she covers business and consumer finance.
