Originally published at: Big trouble for Big Lots: more than 300 stores to close - Boing Boing
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And not gutted by third-party equity? 
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They dedicated a pretty significant amount of floorspace to furniture sales in the recent years so it’s probably biting them in the ass with the current housing market.
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The local Big Lots near me turned into a Spirit Halloween store years ago.
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This just links their full store list, no indication of what locations are doing any sort of closing sale.
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I’ve actually never even been in one of these stores, I don’t even know what they sell there…
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Inventory from Target, Walmart, and other stores that didn’t sell. They buy excess inventory in bulk from these other stores and then try to dump in on the public for a profit, but still cheap. You know the clearance aisle at a department store? It’s an entire store of that.
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As Rob indicated, they’re like if a Dollar General had any self-respect, or if a Walmart had less.
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Nope, just good ole C-suite incompetence.
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Also, as @mr_racoon indicated, about half their floor space currently is dedicated to furniture.
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Have the executives blamed shoplifters yet?
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About 5-6 years ago we would to shop Big Lots, then stopped after learning how proud they are to be anti-union
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when I was a teen, they had hilarious advertising circulars in the Sunday paper. black and white illos of the product and the price, and each one had a little comment. except the comments were all non-sequiters. at first you think there was a mix-up, but it was every one, every week.
the only one I specifically remember, which I actually bought, was for a shop vise (which I still have on my workbench today.) picture of the vise. price in big numbers, I think it was like $1.99 or something tremendously discounted (in 90s dollars). the ad copy, in smallish letters, read: “the perfect thing for your holiday parties.”
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Wow. I didn’t know I was nostalgic for the bygone era of companies diving due to internal incompetence as opposed to assassinated by parasitic equity.
Here I am though.
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If you click on the individual locations it will have a banner at the top of the page that either says, “Closing this location, closing sale going on now. 30% off.” or, “Share your big ideas join today and earn rewards.”
In San Diego County there are 6 locations, 4 of them have the closing sale banner.
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There are 3 in my area, with 2 of them marked for closing.
I used to go to Big Lots often, browsing their cheap tool selection and stocking up on cheap snacks.
I now browse Harbor Freight for cheap tools, and BL’s snack aisles have become standardized, with no variation between visits and full retail prices on many items. And too much furniture.
Big Lots is not the bargain store it once was.
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If somebody was able to shoplift a bunk bed from Big Lots I wouldn’t be upset, I’d be impressed
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Ahh, that clears it up. In that case the local one and most of the ones in the state aren’t closing.
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Weird, because the one that used to be closest to us didn’t have much furniture (compared to other stores I’ve visited). That store closed at least 5 years ago.
The next-closest store to us, I noticed yesterday (before I read this news), has a “Store Closing (this location only)” banner outside. That store, itself, replaced a Borders Books when those went away…
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