Big Lots Has Announced It Is Closing All Remaining Locations And Preparing Going-Out-Of-Business Sales Following A Chapter 11 Bankruptcy Filing. This Follows The Closure Of Over 400 Stores Earlier This Year. The Company Failed To Finalize A Sale With Nexus Capital Management, But Ceo Bruce Thorn Says The Decision Could Be Reversed If A Deal Is Reached. Store Operations Will Continue For Now, With Workforce Reductions Expected To Begin In January.
