This month, twenty-one Big Lotsleases were put up for sale.
After closing hundreds of locations, the bargain retailer filed for Chapter 11 bankruptcy in September. Due to the failure of a company sale, the retailer announced that it was closing the remaining 909 stores. In order to transfer Big Lots’ locations, distribution facilities, and intellectual property to other retailers, such as Variety Wholesalers Inc., it announced shortly after that statement that it had sold 200–400 stores to Gordon Brothers Retail Partners. However, it remained unclear which of the stores would stay open.
With 64 locations, Big Lots has a significant presence in the Keystone State.As of right now, we are aware of at least 21 stores that will close. Gordon Brothers declared that 21 Big Lots leases in Pennsylvania were up for sale. Last week, the bids were due.
The 21 Big Lots leases that were for sale are listed below:
Stories by
Daniel Urie