Big Lots In Great Falls Is Closing After All

Remember That Time They Said The Great Falls Big Lots Was Safe From Closing?

LIES.  JD has been following the Big Lots going-out-of-business story for awhile now:

• Big Lots To Close In Helena, Great Falls Safe For Now
• Big Lots Filing For Bankruptcy. What Does That Mean For Great Falls

Keep in mind that these stories are really old... wait, not they're not.  JD wrote one on July 11, 2024 and the other on July 24, 2024.

The Mall Is Seeking New Tenants. Learn More Here

What Is Going On With Big Lots?

On July 31, 2024, Penn Live did a story on Big Lots. They lead the story with this:

"Last month, discount chain Big Lots said it would close 35 to 40 locations after its revenue numbers saw a steep decline impacted by what it called a “challenging consumer environment.

But, now a month later, Big Lots isn’t just closing 35 to 40 stores, it will actually be closing more than 140 stores."

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Penn Live reported that in an SEC filing in June, Big lots basically said that based on what they're seeing in the company, they do not think they can comply with the Excess Availability Covenant and the Term Loan Facility in the next year.  They don't even know if they can continue to stay in business.

Read More: Inside The Ross/Holiday Village Mall Conflict

Our Great Falls Store Still Isn't On The List

Despite that, this is on the store today, August 2, 2024:

There Isn't A Closing Date Set Yet

I called Big Lots, and the clerk told me they had not set a closing date as of yet. We'll keep an eye on this story and let you know as soon as we find out.