Big Lots is closing hundreds of stores, including 3 in the CSRA
AUGUSTA, Ga. (WRDW/WAGT) - The discount retailer Big Lots is clo to 315 locations nationwide, including three in the CSRA.
These local stores are slated for closure:
- Thomson: 687 Main St.
- Aiken, 1016 Pine Log Road.
- Waynesboro: 263 S. Liberty St.
The chain has several other stores across the CSRA, including in Augusta, Evans and North Augusta, which are staying open.
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The closures were revealed in an updated Securities and Exchange Commission filing.
Each location that is closing has a 20% off banner on its respective store web page.
Big Lots is facing an existential crisis amid plunging sales.
Net sales decreased $114.5 million in the first quarter of 2024, or 10.2%, compared to the same time last year.
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Big Lots said it “experienced decreased comps and net sales in all of our merchandise categories.”
It comes amid a shakeup in the retail industry, with Conn’s declaring bankruptcy and closing many of its stores, including one in Augusta, and all its Badcock & More furniture stores.
Columbus, Ohio-based Big Lots operates more than 1,300 stores in 48 states, as well as an e-commerce store.
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