For bargain hunters, Big Lots has long been a haven for furniture, home goods, and seasonal finds at rock-bottom prices. But in a cruel twist of fate, the discount retailer itself couldn’t withstand the rising tide of inflation.

Big Lots stores across the country are set to close, following the company’s recent bankruptcy filing, and Kilgore’s location is one of them. A bright orange banner that reads “Closing this location,” now adorns the Kilgore Big Lots website.

Big Lots is planning to close stores as it goes through Chapter 11 bankruptcy. A store in Maryland left BI confused about the retailer's purpose.

Closing more locations will allow the company to have a “more focused footprint” and conduct business efficiently, said President and CEO Bruce Thorn.

Big Lots, the beleaguered discount retailer that previously warned it had “substantial doubt” about its survival, has filed for bankruptcy.

Struggling closeout retailer Big Lots filed for bankruptcy protection Monday, saying it's been hurt by inflation and high interest rates.

Closing more locations will allow the company to have a “more focused footprint” and conduct business efficiently, said President and CEO Bruce Thorn.

Struggling Big Lots will be acquired in a multimillion-dollar deal after the company filed for bankruptcy with up to $10 billion in debt.

More store closures could be coming, too. Big Lots is in the process of closing roughly 300 of its 1,400 store across the United States.

The home goods chain filed for Chapter 11 protection and agreed to sell itself to a unit of the private equity firm Nexus Capital Management.

Two Big Lots locations in northern Nevada are shuttered as the discounter retail closes more than 300 stores nationwide.The locations in Lemmon Valley and on S