Big Lots Stores, Inc. is an American discount retail chain, specializing in the sale of closeout and overstock merchandise. Founded in 1967 as Consolidated Stores, the chain is headquartered in Columbus, Ohio, and includes over 200 locations across the United States. Big Lots filed for Chapter 11 bankruptcy in October 2024, and later in December, the chain announced that it would cease operations, liquidate, and close all remaining stores. Liquidation sales began in December 2024 and all stores were expected to close in 2025. On December 28, 2024, Big Lots reached an agreement with Gordon Brothers Retail Partners to transfer 200–400 stores and one or two distribution centers to Variety Wholesalers, with the remaining stores to be permanently closed. Wikipedia