Big Lots! Announces Reopening of 132 Stores in May 2025

News Summary

Big Lots! is set to reopen 132 stores across the U.S. in May 2025 after its bankruptcy filing in September 2024. Under new ownership, the stores will modernize their layouts and introduce new product categories to attract diverse shoppers. A phased reopening is planned, with some locations opening on May 1 and others on May 15, including Greenwood, SC. The initiative aims to revitalize the Big Lots! brand and enhance community engagement, marking a new chapter for the discount retailer.

Greenwood, South Carolina – Big Lots! has announced its plans to reopen 132 of its stores across the United States in May 2025, following a bankruptcy filing in September 2024. This decision comes as part of a major restructuring effort under the new ownership of Variety Wholesalers Inc., which acquired the company in December 2024. Among the locations set to reopen is Greenwood, South Carolina, signaling a fresh start for the brand.

The reopening will occur in two phases, with some stores scheduled to open on May 1 and others on May 15. The specific dates for individual stores, including the one in Greenwood, have yet to be released. The phased approach also includes additional stores opening in early May, particularly in other South Carolina cities such as Easley, Lexington, Rock Hill, Seneca, Simpsonville, Spartanburg, and West Columbia.

Variety Wholesalers Inc., which currently operates over 400 discount stores in the Southeast and mid-Atlantic regions, aims to modernize the Big Lots! experience. The company plans to refresh the store layouts with a redesigned shopping environment and introduce new merchandise categories, including family apparel and electronics. Customers can also expect an extensive selection of closeout deals aimed at attracting a diverse shopper base.

The president and CEO of Variety Wholesalers expressed enthusiasm about revitalizing the Big Lots! brand and emphasized a commitment to serving local communities. A grand opening celebration is anticipated for the fall of 2025 to formally welcome shoppers back to the remodeled stores. However, the company plans to address any initial concerns regarding store quality promptly, with weekly improvements and new inventory additions expected.

Big Lots! previously faced significant challenges leading to the decision to close all of its 963 U.S. locations. After the bankruptcy protection filing, the company’s assets were acquired by investment firm Gordon Brothers in early 2024, resulting in the transfer of various locations to Variety Wholesalers for reopening. The recent developments are part of a larger strategy to revitalize the brand and enhance customer experiences.

The reopening of Big Lots! stores is also taking place across various other states, including North Carolina, Georgia, Alabama, Florida, Indiana, Kentucky, Michigan, Mississippi, Ohio, Pennsylvania, Tennessee, Virginia, and West Virginia. South Carolina’s involvement underscores the company’s dedication to restoring its presence in the region, indicating a significant shift in retail strategy following a turbulent period.

As Big Lots! prepares for its comeback, it is focusing on offering a fresh selection of products intended to encourage frequent visits from customers. The company’s efforts to transform its store experience, coupled with the introduction of new categories, aim to cultivate a renewed interest and loyalty among shoppers.

This reopening is a noteworthy development in the retail sector, demonstrating how businesses can rebound from financial difficulties through strategic partnerships and a commitment to community engagement. With a dedicated plan in place, Big Lots! aims to redefine its identity and solidify its standing in the competitive discount retail market.

Deeper Dive: News & Info About This Topic

HERE Resources

Additional Resources

• WYFF4 News
• Index Journal
• Greenville Business Magazine
• Encyclopedia Britannica: Big Lots
• CBS News
• Google News: Big Lots reopening

Author: HERE Greenwood