Large Heaps is about to reopen 132 shops that it had closed final 12 months as a consequence of its chapter submitting, the chain’s new homeowners introduced.
The shuttered shops that can reopen in Could are in 14 states, largely within the south, together with Alabama, Kentucky, North Carolina, Tennessee and Virginia.
“We’re excited to bring an additional 132 Big Lots! locations back to life in May,” mentioned Lisa Seigies, president and CEO of Selection Wholesalers, which acquired greater than 200 Large Heaps shops this 12 months.
The discounter filed for chapter in September and closed all of its shops – roughly 1,000 – earlier than it was acquired by distressed asset advisor and lender Gordon Brothers Retail Companions.
Selection Wholesalers, owns and operates some 400 shops and types, together with Large Heaps, Roses Low cost Shops and Rose’s Categorical and Maxway.
The Large Heaps shops which might be coming again are being phased in subsequent month and in June, the corporate mentioned.
It has already reopened 9 retailer this month.
“The customer response to the newly expanded assortment of fresh inventory and great deals has been overwhelmingly positive,” Seigies mentioned in an announcement.
Columbus, Ohio-based Large Heaps sells furnishings, dwelling decor and different objects, and mentioned final 12 months that prime inflation and rates of interest have damage its enterprise as customers have pulled again on their dwelling and seasonal product purchases, two classes the chain is determined by for a big a part of its income.
The corporate has stiff competitors, Neil Saunders managing director of GlobalData famous on the time.
“Big Lots operates in a very crowded and competitive market where other value players do a far better job of delivering on low prices and compelling bargains. It needs to step up its game if it is to succeed post-bankruptcy,” he mentioned.
Large Heaps! shops will reopen in Could in two phases, on Could 1 and Could 15. The Areas embrace:
Alabama: Athens, Decatur, Dothan, Guntersville, Jasper, Cell, Northport
Florida: Crystal River, Jacksonville, Marianna, Ormond Seashore, Panama Metropolis
Georgia: Augusta, Brunswick, Buford, Cornelia, Dallas, Fort Oglethorpe, Marietta, Smyrna, Valdosta, Vidalia, Waycross
Indiana: Jasper
Kentucky: Campbellsville, Danville, Elizabethtown, Glasgow, Hazard, London, Middlesboro, Richmond, Somerset
Michigan: Burton, Flint, Port Huron, Shelby Township, Southgate
Mississippi: Southhaven
North Carolina: Belmont, Burlington, Clemmons, Dunn, Elizabeth Metropolis, Elkin, Fayetteville, Gastonia, Greensboro, Greenville, Hickory, Kinston, Lexington, Lincolnton, Mocksville, Mooresville, Mount Ethereal, Newton, Roanoke Rapids, Rocky Mount, Selma, Shelby, Southport, Statesville, Wake Forest, Wilkesboro, Wilson
Ohio: Alliance, Boardman, Bridgeport, Columbus, Elyria, Fremont, Grove Metropolis, Kettering, Lancaster, New Philadelphia, Reynoldsburg, Toledo, Warren, Wintersville
Pennsylvania: Bloomsburg, Camp Hill, Cleona, Du Bois, Dunmore, East Stroudsburg, Erie, Eynon, Franklin, Lehighton, Lewisburg, Meadville, New Fortress
South Carolina: Easley, Greenwood, Lexington, Rock Hill, Seneca, Simpsonville, Spartanburg, West Columbia
Tennessee: Alcoa, Cleveland, Greeneville, Jefferson Metropolis, Johnson Metropolis, Knoxville, Morristown, Murfreesboro, Rogersville, Sevierville
Virginia: Chesapeake, Chester, Fredericksburg, Entrance Royal, Martinsville, North Chesterfield, North Prince George, Waynesboro, Winchester, Yorktown
West Virginia: Beckley, Bridgeport, Charleston, Elkins, Fairmont, Martinsburg, Oak Hill, Princeton
