America is preparing to say goodbye to a new major retail chain.
Big Lots plans to close all of its locations after months of store closures and a September filing for Chapter 11 bankruptcy protection.
The retail chain is launching “out of business” sales to “protect the value of its estate,” according to a Thursday news release. The company did not provide a timeline for how long the sale will last, but promised to serve customers in-store and online.
CEO Bruce Thorn said the closures could be reversed if a company sale is completed. More than 400 stores have already closed this year.
“We have all worked extremely hard and taken every step to complete a going concern sale. While we remain hopeful that we can close an alternative going concern transaction, in order to maximize the value of the Big Lots estate protect, made the decision to initiate the GOB process difficult,” Thorn said in the release.
Search the database below to find the list of Big Lots store locations in your city or state, according to the company’s website. Out of business sales will be taking place at all locations in the coming days.
In September, Big Lots filed for Chapter 11 bankruptcy protection, weeks after announcing plans to close 340 stores in the United States.
The company said at the time that the closures were part of a sales agreement with an affiliate of Nexus Capital Management LP, according to a news release. Hope was on the horizon for the company as it announced approval to sell most of its assets and business operations to Nexus.
However, those hopes were dashed in December when the sale fell through.
Founded in 1967, Big Lots began in Columbus, Ohio selling a variety of retail products, from furniture and electronics to toys and home furnishings.
This article originally appeared on USA TODAY: Big Lots plans to close all stores: See full list of locations
