Big Lots announced Thursday that it will begin “going out of business” sales at all remaining stores following the collapse of its anticipated sale to Nexus Capital Management.
The retailer described the decision as “difficult” but emphasized that it remains optimistic about securing a potential alternative. Big Lots is actively exploring options, including resuming negotiations with Nexus or pursuing a deal with another party.
Shoppers can expect significant discounts during the liquidation sales, though the future of the retail chain remains uncertain.
