About 500 Big Lots stores are on the chopping block, including 23 in Ohio, the Dispatch reports.
Gordon Brothers, the Boston-based investment group that is buying the Columbus-based Big Lots, recently announced plans to close the stores. It is offering to sell the stores’ leases, indicating that the stores will not remain Big Lots under new ownership.
Here’s a look at the affected stores.
Big Lots bankruptcy: Company buying Big Lots announces hundreds of store closings, including several in Ohio
Full list of Big Lots stores closing in Ohio
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Ashtabula: 2466 W. Prospect Road
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Bowling Green: 818 S. Main St.
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Brunswick: 1733 Pearl Road
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Circleville: 201 Lancaster Pike
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Cleveland: 14901 Lorain Ave.
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Columbus: 4260 West Broad St.
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Coshocton: 300 Downtowner Plaza
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Delaware: 159 S. Sandusky St.
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Dublin: 6569 Sawmill Road
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East Liverpool: 15977 State Route 170
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Findlay: 1925 Tiffin Ave.
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Holland: 1588 Spring Meadows Drive
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Huber Heights: 5555 Executive Blvd.
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Lima: 2100 Harding Highway
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Marysville: 15715 US Highway 36
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Portsmouth: 2523 Gallia St.
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Tiffin: 644 W. Market St.
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Trotwood: 5009 Salem Ave.
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Willoughby: 35101 Euclid Ave.
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Youngstown: 4341 Kirk Road
Big Lots store closing list
Gordon Brothers shared a 12-page document listing all the locations in the United States where the leases are for sale. See the full list here.
Gordon Brothers buying Big Lots out of bankruptcy
Gordon Brothers is buying Big Lots out of bankruptcy and has plans to transfer 200 to 400 stores to Variety Wholesalers out of North Carolina, which operates Roses and other dollar store brands. Variety also plans to acquire up to two former Big Lots distribution centers, the Dispatch previously reported, and said in a news release that it may employ former Big Lots workers at the stores and warehouses.
As of Wednesday, Big Lots said it operated 901 stores in 47 states, including 83 in Ohio, the most in any state. After Ohio, the chain’s biggest footprints remain in Texas (78 stores), Florida (68), North Carolina (65), Pennsylvania (64) and New York (49).
Closing the 500 or so stores targeted in the lease sale would cut the number of remaining Big Lots locations by more than half.
Big Lots files for bankruptcy protection in September 2024
Big Lots filed for bankruptcy protection on Sept. 9, the Dispatch reported previously. The company blamed inflation and high interest rates for taking a toll on its customers.
Los Angeles-based investment company Nexus Capital Management had agreed to buy most of its assets, the company said, but that deal fell through in December. Gordon Brothers then stepped in to buy Big Lots out of bankruptcy and then sell some of the stores to Variety.
Big Lots already has closed more than 400 locations nationwide, many in Ohio
Big Lots had already closed more than 400 stores nationwide as part of its bankruptcy process, including 20 in Ohio, before the latest announcement. Those stores are:
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Aurora: 7155 Market Place Drive
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Blue Ash: 4154 Hunt Road
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Brunswick: 1733 Pearl Road
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Cincinnati: 8576 Beechmont Ave.
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Cincinnati: 11372 Princeton Pike
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Cincinnati: 9690 Colerain Ave.
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Cincinnati Eastgate: 4585 Eastgate Blvd.
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Columbus Grandview: 1451 W 5th Ave.
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Dayton: 359 Miamisburg Centerville Road
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Defiance: 1520 N. Clinton St., Defiance
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Highland Heights: 6235 Wilson Mills Road
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Mount Vernon: 1550 Coshocton Ave.
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Newark: 311 Deo Drive, Newark
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North Olmstead: 26425 Great Northern Plaza
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Rossford: 9880 Olde US 20
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Saint Marys: 1170 Indiana Ave.
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Sandusky: 410 E. Perkins Ave.
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Toledo: 4925 Jackman Road
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West Chester: 7779 Tylersville Road
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Westerville: 60 E. Schrock Road
Big Lots to close Columbus distribution center, 379 workers to lose jobs
The week before its bankruptcy announcement in September, Big Lots revealed it planned to close a distribution center in Columbus that would put 379 workers out of jobs, the Dispatch reported.
The company told the state that the distribution center would shut down by Oct. 31. All workers were to receive pay and benefits through Nov. 3.
Big Lots joins True Value, Red Lobster, Rite Aid in filing bankruptcy
Big Lots is the latest chain with a presence in Ohio to file for bankruptcy. Others include True Value, Red Lobster, Rite Aid, and Bed Bath & Beyond.
This article originally appeared on The Columbus Dispatch: Is Big Lots going out of business? See latest Ohio stores among 500 closings
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