(NEXSTAR) — As it continues to move through the Chapter 11 bankruptcy process, Big Lots has announced plans to close additional stores while seemingly pulling others out of the closure process.
After filing for bankruptcy earlier this year, the discount retailer said it planned to close roughly 550 stores. Following multiple waves of announced closures, Big Lots appeared to reach that benchmark in mid-October. By then, more than 240 of its stores had closed.
Earlier this month, however, the company halted some of its planned closures. An analysis by Nexstar found that banners on multiple stores’ web pages had switched from the bright orange notice reading, “Closing this location,” to what had been on them before the announced closures, inviting customers to “Share your big ideas!”
Advance Auto Parts to close more than 700 locationsSince then, some of those banners have again........