Overview

• Variety Wholesalers opened 78 Big Lots locations this week in its fourth wave, marking the completion of its phased relaunch of the 219 stores acquired in December.
• North Carolina led the reopenings with 22 stores, followed by Ohio’s 13 and Pennsylvania’s 11, with additional locations resuming operations in six other states.
• Big Lots filed for Chapter 11 bankruptcy in September 2024 after high inflation and rising interest rates depressed consumer spending on home and seasonal goods.
• CEO Lisa Seigies says new products will be added weekly as part of efforts to rebuild the brand and engage customers ahead of a grand reopening event this fall.
• The revived network represents just over a quarter of Big Lots’ pre-bankruptcy footprint, preserving jobs and retail options in local communities.