Big Lots Announces Closure of Three Maryland Stores Following National Store Reductions
After the company announced that it will close up to forty locations, a well-known retail chain is now making the difficult decision to close stores in the state of Maryland.
There will be three stores in Maryland that are being shut down by Big Lots, including one in Baltimore County.
As stated on the website of the company, the retail establishment located in Reisterstown, which is located in the Reisterstown Shopping Center next to Cherry Hill Road, will shortly be closing its doors.
According to the website, other Big Lots stores in the Baltimore area are not impacted by the security breach.
Additionally, a store in Laurel and a store somewhere in southern Maryland are going out of business.
Earlier this month, Big Lots said that it may be forced to close up to forty locations throughout the country by the end of the year. The company cited falling sales as the reason for the decision.
Which Big Lots locations in Maryland are going to be closing their doors?
Below is a list of the three Big Lots stores that will shortly be closing their doors in the state of Maryland:
Lexington Park, located at 11989 Reisterstown Road, Reisterstown, 3331 Corridor Marketplace, Laurel, 21800 N Shangri La Drive, Unit 20,
To make the transition easier for customers, the company has provided discounts of up to twenty percent at its retail outlets.
On the other hand, the news has, without a doubt, outraged devoted customers.
This is terrible, a woman bemoaned on Facebook. “This is terrible.”
This is a tragic situation, another person agreed.
This has left me feeling disheartened. “I find great stuff there, especially seasonal items, and the staff is friendly and helpful,” remarked one customers. “I highly recommend this store.”
“The day before yesterday, I went to the store. “Not everything is off by twenty percent,” another person pointed out.
Food is not currently for sale. There are a lot of goods that are merely 20% or 5% off. We are saddened to see Big Lots disappear.
Big Lots has stated that forty stores will be closed by the end of 2024, and their closure comes just a few days after that announcement.
Pleasant Valley Road in Manchester, Turnpike Square in Milford, and Boston Post Road in Waterford are among the locations in Connecticut that are included in this list, according to NBC.
If the retailer were to fail on the loan that it had taken out in 2022, the broadcaster stated that it would place “substantial doubt” on the retailer’s capacity to remain in business.
The business attributed the plunging sales to the impending closure of locations across the country.
More information was included in the corporation’s most recent regulatory filing with the Securities and Exchange Commission of the United States.
About the first three months of 2024, Big Lots referred to “244 underperforming store locations” in the document.