These Big Lots stores are closing in Las Vegas Valley
September 18, 2024 - 11:09 am
Updated September 18, 2024 - 7:14 pm
After filing for bankruptcy earlier this month, Big Lots is closing 344 stores nationally and seven in the Las Vegas Valley, according to new documents in the case.
The discount retail chain announced on Sept. 9 it will be entering into a sale agreement with private equity firm Nexus Capital Management and voluntarily filed for Chapter 11 bankruptcy to initiate the change in ownership. Nexus will acquire “substantially all” of the company’s assets and business operations.
Big Lots said high inflation and climbing interest rates negatively impacted the company and shoppers buying from the discount store to curb high costs.
Alongside the closures, 296 store leases are up for auction, with the location at 1601 W. Craig Road being on the list.
Following the closures, only two Big Lots will remain: 7781 W. Tropical Parkway and 1221 W. Warm Springs Road.
Here is the list of the closures in the Valley:3940 Blue Diamond Road, Las Vegas
5055 W. Sahara Ave., Las Vegas
5120 S. Fort Apache, Las Vegas
8140 S. Eastern Ave., Las Vegas
8570 W. Lake Mead Blvd., Las Vegas
1601 W. Craig Road, North Las Vegas
390 W. Lake Mead Pkwy., Henderson
Contact Emerson Drewes at edrewes@reviewjournal.com. Follow @EmersonDrewes on X.