In an updated term sheet Big Lots filed with the SEC on Friday, Aug. 2, the company detailed that it would need to close 20 percent of its 1,392 stores — about 290 in all
Big Lots has 73 stores located in the Keystone State.
The company cited rising costs and inflation as reasons for the move and said a bankruptcy filing could be coming.
Stores in the Pennsylvania slated for closure are as follows:
Kennett Square located at 345 Scarlet Rd Ste 22.
Coraopolis located at 2820 Gracy Center Way.
Philadelphia: Franklin Mills located at 199 Franklin Mills Blvd.
East York located at 2980 Whiteford Rd.
Daily Voice previously reported the closure of the following two locations:
Exton located at 201 West Lincoln Hwy.
- Clifton Heights located at 713 E Baltimore Ave.
It's unclear when these stores will close but until then, they are having sales of up to 20 percent off to sell off the remaining inventory.
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