Big Lots: Rising inflation forcing retailer to close dozens of stores
Big Lots plans to close 35-40 stores this year, highlighting economic challenges facing large retailers. The closures include four stores in Michigan.
When Big Lots first announced they were closing stores around the country, no Kentucky locations were slated to close. As of October, the company has marked five Kentucky stores up for closure.
According to a filing to the U.S. Securities and Exchange Commission, the retailer plans to close 35-40 stores this year and open three.
“In 2024, the U.S. economy has continued to face macroeconomic challenges including elevated inflation, which has adversely impacted the buying power of our customers,” the filing from Big Lots said.
Will any Big Lots in Kentucky close?
Yes. As of Monday, Aug. 5, the company’s website indicated that the following stores will close:
Since August, two more Kentucky stores have been marked as closing on the company’s website:
Where are other Big Lots locations in Louisville?
Here’s the other four Big Lots stores are located:
- 4121 Shelbyville Road, Louisville
- 5518 New Cut Road, Louisville
- 6650 Dixie Hwy., Louisville
- 5252 Bardstown Road, Louisville
Here are some of the other Big Lots locations in Kentucky:
- 777 Bypass Road, Brandenburg
- 1714 Perryville Road, Danville
- 200 Sycamore St., Elizabethtown
- 1300 US Highway 127, Frankfort
- 1651 Paris Pike, Georgetown
- 820 Lane Allen Road, Lexington
- 370 Kroger Center, Morehead
- 1342 Indian Mound Drive, Mount Sterling
- 472 Eastern Bypass, Richmond
- 445 Hwy 44 E, Shepherdsville
- 370 Kroger Center, Morehead
- 1342 Indian Mound Drive, Mount Sterling
- 472 Eastern Bypass, Richmond
- 445 Hwy 44 E, Shepherdsville
Where are Indiana Big Lots stores near Kentucky?
- 440 New Albany Plaza New Albany, Indiana
- 706 E. Lewis & Clark Parkway, Clarksville, Indiana
- 1345 Clifty Drive, Madison, Indiana
- 2000 E. Tipton St., Seymour, Indiana