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Big Lots planning to close almost 300 stores including 26 in Florida, with 3 Orlando stores facing closure

Big Lots is closing stores to cut its overheads in a bid to survive.

Big Lots is closing almost 300 stores including 26 in Florida, with 3 Orlando stores to close

Discount retailer, Big Lots is facing big financial trouble, with news that the retailer is planning to close almost 300 stores across the country.


The news follows the company first announcing back in June that it was facing financial strain on its finances, and had plans to close 40 under-performing stores to help ease its financial woes, but this figure has now jumped dramatically, with at least 289 of the companies1389 stores facing the axe, that's a 20% decrease in stores.


Here in Orlando, three stores are set to close, 11230 S Orange Blossom Trl, 11672 E Colonial Dr., and 1801 S Semoran Blvd.


Big Lots saw a net sale decrease of $114.5 million from the first quarter of 2023 to Q1 this year, federal findings show. The decrease amounts to 10.2% of the company’s net sales.


The company’s long-term debt also increased by $72.2 million from Q1 2023 to Q1 2024 — racking up a total of $573.8 million in long-term debt.



Here is the complete list of 26 Florida stores currently slated for closure:


21697 State Rd., 7, Boca Raton

25191 Chamber Of Commerce Dr., Bonita Springs

901 N Congress Ave., Boynton Beach

7381 52nd Pl E, Bradenton

328 E Sugarland Hwy, Clewiston

4847 Coconut Creek Pkwy, Coconut Creek

2400 W International Speedway, Daytona Beach

34940 Emerald Coast Pkwy, Destin

15271 Mcgregor Blvd., Fort Myers

1761 E Hallandale Beach Blvd., Hallandale

3921 Oakwood Blvd., Hollywood

8265 W Flagler St., Miami

5580 Nw 167th St., Miami Lakes

2882 Tamiami Trl E, Naples

700 Blanding Blvd, Ste 1, Orange Park

11230 S Orange Blossom Trl, Orlando

11672 E Colonial Dr., Orlando

1801 S Semoran Blvd., Orlando

7067 W Broward Blvd., Ste B, Plantation

1440 Ne 23rd St., Pompano Beach

11854 Us Highway 19, Port Richey

511 N State Rd. 7, Royal Palm Beach

3750 Bee Ridge Rd., Sarasota

2236 Se Federal Hwy, Stuart

12601 Citrus Plaza Dr., Tampa

41306 Us Hwy 19 N, Tarpon Springs


For more information: https://www.biglots.com/.


Big Lots is closing almost 300 stores including 26 in Florida, with 3 Orlando stores to close

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