Popular Discount Retail Chain Closing Multiple Stores Across Minnesota
By Logan DeLoye
August 7, 2024
Big Lots is shuttering "hundreds" of stores across America amid financial struggles, including one lone location in Minnesota, in an effort to avoid bankruptcy.
Just one Big Lots store across Minnesota is slated to close in the near future, per the popular discount home goods chain's website.
At least 35 to 40 of the chain's 1,389 stores are currently in the process of closing following a $114.5 million sales decrease from 2023 to 2024, and an 84% decrease in stock over the course of a year.
Many of the locations that plan to close their doors are currently running 20% off discount sales as the shuttering process proceeds. Stores in 36 states have officially begun to advertise their closures, with the heaviest hit being California, loosing a whopping 75 stores. On the other hand, some larger states, including Texas, do not plan to shutter any stores as the big box chain sorts out its finances.
Here is a list of all the Big Lots closing across Minnesota (fortunately for Minnesotans, only one!):
- 2614 Bridge Ave., Albert Lea
For more information regarding the nationwide closures check out: Giant National Big Box Chain Closing Hundreds Of Stores : See The Full List.