Amid store closures, Big Lots to lay off hundreds from Schuylkill County distribution center
They shut down more than 400 stores in 2024 in the wake September filing for Chapter 11 bankruptcy protection. The bankruptcy also helped initiate a sales agreement with Nexus Capital Management, a Los Angeles-based private equity firm, which would act as a "stalking-horse bidder" in a court-supervised auction, the retailer announced last fall.