Discount retailer Big Lots is planning to close dozens of stores this year.
The company made the announcement in a recent Securities and Exchange Commission filing, CBS News reported. Specific locations were not identified.
“In, 2024, we currently expect to open three stores and close 35 to 40,” Big Lots wrote.
Big Lots had a net loss of $205 million in the last quarter blamed on “a continued pullback in consumer spending by our core customers, particularly in high-ticket, discretional items,” CEO Bruce Thorn said in June, according to WTNH.
Big Lots has more than 1,300 stores in 48 states.
There are 23 Big Lots locations in Massachusetts, although the retailer didn't specify which stores could close.
The locations in the Bay State are as follows:
Ashland
Attleboro
Auburn
Billerica
Danvers
Dennis Port
Fairhaven
Fitchburg
Franklin
Gardner
Lynn
Methuen
Milford
Northampton
Pittsfield
Plymouth
Raynham
Revere
Seekonk
Springfield
Swansea
Webster
West Springfield
© 2024 Cox Media Group