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Big Lots Closing: Major Discounts Available Before Final Shutdown in NJ
Big Lots is set to shut down locations in New Jersey, including three recently disclosed sites.
Following its Chapter 11 bankruptcy filing, Big Lots has handed over the ownership of its stores and business operations to the private equity firm Nexus Capital Management.
The company's choice to file for Chapter 11 bankruptcy is attributed to prevailing economic factors, including "high inflation and interest rates," as stated in a press release issued by the company.
The discount retailer has declared a 25% discount on all items in-store and has indicated that all of its physical locations will be permanently closing, as stated on the Big Lots website.
These stores in New Jersey are already in the process of closing or have closed:
Cherry Hill (949 Church Road),
Dover (550 Mount Pleasant Avenue)
East Brunswick (275 State Route 18)
Freehold (220 Trotters Way)
Jersey City (725 U.S. Route 440)
North Bergen (3129 Kennedy Boulevard)
Ocean Township (2353 State Route 66)
Phillipsburg (1202 New Brunswick Avenue)
Union (2700 U.S. Highway 22)
Woodbridge (471 Green Street)
