IYKYK: People Mourn News of Big Lots Closing
The retail company has announced "going out of business" sales at its remaining stores.
Big Lots is closing amid filing for bankruptcy.
According to CNN, the retailer is shuttering its remaining 963 locations after an attempt to sell the business fell flat. In September, the company revealed it was selling most of its assets to private equity firm Nexus Capital Management.
On Thursday, Big Lots announced that it “does not anticipate completing” the purchase. However, the company is still trying to negotiate some sort of sale by early January. At its height, there were 1,400 locations across the U.S.
Retail locations have since announced “going out of business” sales, with many mourning the loss of Big Lots. Take a look at what people are saying below.
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