Overview
- Big Lots is reopening stores across multiple states under new management by Variety Wholesalers following its Chapter 11 bankruptcy last year.
- The second wave of reopenings, set for May 1, includes nearly 60 stores across 12 states, with additional waves planned through June.
- Variety Wholesalers acquired 220 Big Lots locations, aiming to revitalize the brand with updated merchandise, closeout deals, and new product categories.
- Despite progress, the future of Big Lots locations in Texas remains unresolved, with no announced reopening plans for the region.
- The company is building toward a grand reopening celebration this fall, marking a milestone in its restructuring and rebranding efforts.