Back to today’s briefing

Story perspectives

Big Lots Reopens 132 Stores After Bankruptcy Revival

4/29/2025

29 6

Summary

Story summary

Big Lots will reopen 132 stores in 14 states in May after Chapter 11 bankruptcy.
The first phase features 54 stores opening on May 1 and 78 on May 15 across several states.
Variety Wholesalers has acquired Big Lots, planning to enhance the brand with new products and a family apparel section.
A grand opening celebration is planned for fall, alongside weekly product launches.

History

Historical Context

Big Lots' reopening of 132 stores after Chapter 11 bankruptcy mirrors the retail landscape shifts of the late 20th century. The rise of discount retailers like Big Lots in the 1980s and 1990s showcased consumer demand for affordability, a trend now revitalized amid economic pressures.

1 of 2

Story summary

Big Lots will reopen 132 stores in 14 states in May after Chapter 11 bankruptcy.
The first phase features 54 stores opening on May 1 and 78 on May 15 across several states.
Variety Wholesalers has acquired Big Lots, planning to enhance the brand with new products and a family apparel section.
A grand opening celebration is planned for fall, alongside weekly product launches.

1 / 2