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NEW YORK -- Big Lots is preparing to close its remaining 963 locations after a sale to save the bankrupt retailer fell through. The company previously announced it was selling "substantially all ...

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Big Lots is now beginning "going out of business" sales at all of its remaining stores across the United States after a possible deal to sell the company to Nexus Capital Management fell through.

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After months of store closures and filing for Chapter 11 bankruptcy protection, Big Lots is preparing to close all of its locations, according to a press release issued by the company on Thursday.

Big Lots, the Columbus-based retailer, plans to close all remaining stores and go out of business by early January, ending 57 years of discounts. The chain, which includes a store at 3515 Maple Ave.

Big Lots is preparing to close all of its stores, the bankrupt discount retailer said Thursday. The company had previously planned to sell its assets to private equity firm Nexus Capital ...