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Thursday, nov 14
Tag:
Chapter 11 bankruptcy
Business
Big Lots To Close 5 More Pennsylvania Stores
Things have gotten worse for the discount retailer Big Lots. The national chain was previously set to close approximately 300 stores, then they decided to close 40 more, but following a new filing with the Securities & Exchange Commission on Friday, Oct. 4, the impending closure of another 150 stores nationwide has been announced. The store closures are part Chapter 11 bankruptcy process. This latest round brings the total number of planned and completed closures to about 500. Big Lots had 73 stores located in the Keystone State when this process started, at the tim…