The retail industry continues to struggle, and Big Lots is the latest major chain to downsize significantly in 2025. While the company isn’t going out of business completely, it is closing hundreds of stores nationwide to combat financial losses.
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If you’re wondering whether your local Big Lots store is shutting down, or what the future holds for this well-known discount retailer, here’s everything you need to know.
Big Lots Store Closures: The Retail Giant Takes a Big Hit
Once a staple for budget-conscious shoppers, Big Lots is closing multiple locations across the U.S. in an effort to stay afloat. This decision comes after filing for Chapter 11 bankruptcy in late 2024 due to massive financial losses and mounting debt.
- The company originally planned to shut down 545 stores, but that number has grown as financial struggles continue.
- Big Lots is partnering with liquidation firms to quickly close underperforming locations.
- The closures are part of a larger trend in the retail industry, with many stores struggling to survive amid economic downturns, changing shopping habits, and increased online competition.
However, this isn’t a total goodbye—Big Lots is keeping hundreds of locations open under new ownership.
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Why Is Big Lots Closing Stores? The Financial Struggles Behind the Decision
Big Lots has faced significant financial challenges over the past few years, leading to this widespread downsizing.
1. Major Sales Decline
Between 2023 and 2024, Big Lots experienced a staggering $114.5 million drop in sales—a devastating blow for a company already struggling to stay profitable.
2. Crippling Debt
Following its bankruptcy filing, Big Lots revealed it had a massive $3.1 billion in debt, owed to between 5,000 and 10,000 creditors.
3. Increased Retail Competition
With the rise of online shopping and discount competitors like Walmart, Amazon, and Dollar Tree, Big Lots has struggled to attract customers to its physical stores.
4. Shift in Consumer Spending
Economic uncertainty has changed the way people shop. With higher inflation and budget-conscious spending, many consumers are cutting back on non-essential purchases—directly impacting Big Lots’ bottom line.
Which Big Lots Stores Are Staying Open?
While hundreds of locations are closing, Big Lots will continue to operate in select states, thanks to Variety Wholesalers, the company taking over 200 stores.
Variety Wholesalers owns popular discount chains such as:
✔ Bargain Town
✔ Maxway
✔ Roses Discount Stores
✔ Roses Express
✔ Bill’s Dollar Store
If you live in North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, Alabama, Florida, Georgia, Indiana, Kentucky, Louisiana, Michigan, Mississippi, or West Virginia, you’ll still be able to shop at Big Lots—but possibly under a new store name and ownership.
Full List of Big Lots Stores That Will Stay Open
Here are some of the Big Lots locations that will remain open across the U.S.:
📍 Alabama
- 1100 Hwy 78 W., Jasper
- 1619 Town Sq. SW, Cullman
- 1820 6th Ave SE, Decatur
- 5363 Hwy 90 W Ste. C, Mobile
📍 Florida
- 122 S. Nova Rd., Ormond Beach
- 146 SE U.S. Highway 19, Crystal River
- 4901 Palm Beach Blvd. Ste. 230, Fort Myers
📍 Georgia
- 110 E Northside Dr., Valdosta
- 260 Merchants Square, Dallas
- 323 Habersham Village Cir., Cornelia
📍 Indiana
- 195 S. U.S. Hwy 231, Jasper
📍 Kentucky
- 102 N 12th St., Middlesboro
- 294 Village Ln., Hazard
📍 Michigan
- 14333 Eureka Rd., Southgate
- 5112 Miller Rd., Flint
📍 Mississippi
- 2605 W. Main St., Tupelo
📍 North Carolina
- 100 Westwood Village Dr., Clemmons
- 1063 Yadkinville Rd., Mocksville
- 1371 N Sandhills Blvd., Aberdeen
📍 Ohio
- 12588 Rockside Rd., Cleveland
- 1965 W. State St., Alliance
- 2050 E. Dorothy Ln., Kettering
📍 Pennsylvania
- 2140 White St., York
- 3437 Simpson Ferry Rd., Camp Hill
📍 Tennessee
- 1301 S. James Campbell Blvd., Columbia
- 220 Dickson Plaza Dr., Dickson
📍 Virginia
- 10611 Courthouse Rd., Fredericksburg
- 1851 E. Little Creek Rd., Norfolk
(For a full list, check Big Lots’ official website or visit your local store for updates.)
What Does This Mean for Big Lots Shoppers?
Although Big Lots is downsizing, the brand isn’t disappearing completely. Here’s what customers should expect moving forward:
✅ Fewer Stores – With hundreds of locations shutting down, some shoppers may need to travel further to visit a Big Lots store.
✅ Potential Name Changes – Many stores will still be open but may operate under new ownership and a different store name.
✅ Liquidation Sales – Closing stores will likely offer major discounts on furniture, home goods, and seasonal items before shutting down.
✅ Better Deals? – The company says it’s streamlining operations to be more efficient, which could mean improved pricing and deals at remaining stores.
Is This the End for Big Lots?
Not entirely! Despite its bankruptcy filing and mass closures, Big Lots is adapting to survive in an increasingly difficult retail market.
The company’s future will depend on:
🔹 How well the remaining stores perform
🔹 Whether Variety Wholesalers can keep locations profitable
🔹 Consumer demand for discount home goods and furniture
For now, Big Lots will continue to operate—but on a much smaller scale.
What do you think about Big Lots closing so many stores? Will you miss shopping there? Let us know! 🚪🛍
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