In an October bankruptcy filing, the Ohio-based discount retailer identified 56 additional stores nationwide—including a store at 2631 MacArthur Road in Whitehall Township—that would be closing as part of the company's Chapter 11 bankruptcy process. However, the Whitehall store is no longer set to close.
Store employees were informed on Saturday that the Whitehall location would remain open, with no reason why. The Whitehall store, which has artificial Christmas trees, garland, stockings, and other holiday items displayed, is operating with regular hours: 9 a.m. to 9 p.m. daily. A Big Lots spokesperson did not immediately return a message seeking more information.
Big Lots filed for Chapter 11 bankruptcy protection in September, citing economic factors such as high inflation and interest rates that have affected its customers' purchasing behavior. As part of its Chapter 11 filing, the retailer announced that Los Angeles-based private equity firm Nexus Capital Management is acquiring "substantially all" of Big Lots' assets and ongoing business operations.
Big Lots is one of the nation's largest closeout retailers "focused on extreme value."They sell many items, including furniture, home décor, groceries, health and wellness products, pet accessories, and seasonal and holiday items. Big Lots makes sure to 'Live BIG and Save LOTS' according to the company description.
Over the past few months, Big Lots' number of planned store closures has grown from around 300 to more than 550. Prior to the large-scale closing announcements that started in the summer, Big Lots had more than 1,380 locations nationwide. Its current store count stands at 1,118!
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