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| The Big Lots store located at 11230 South Orange Blossom Trail in Orlando is one of the 11 Florida Big Lots locations announced for closure in July 2024. 15 more closures throughout the state would be announced on August 2nd. |
A quick post for everyone tonight - as you may have heard, Big Lots announced recently that they're in pretty deep financial troubles, warning investors of a potential bankruptcy. As part of trying to hold off or stall a bankruptcy filing, Big Lots announced the closure of 35 to 40 stores in 2024 per their official statement quoted in that linked article, however, it appears the number of stores targeted for closure at the moment is much higher than that. From what I've found, it was revealed that 11 Floridian Big Lots stores are closing at this time, with multiple closures announced in additional states as well. While Big Lots has not published a complete cohesive list of closures, closing stores have been tagged on the company's store locator. Going through the 106 Florida stores listed on the website, these were the 11 closings I found announced in July 2024 - a smattering of small, older stores and some stores only a few years old:
Update 8/2/2024 - More store closures announced, bringing the total number of locations in Florida closing to 26. This is all part of a store closure wave that is now totaling 293 closures nationwide.
Boca Raton - 21697 State Road 7
Bonita Springs - 25191 Chamber Of Commerce Dr
Boynton Beach - 901 N Congress Ave - added 8/2
Bradenton - 7381 52nd Pl E - added 8/2
Clearwater - 1492 S Belcher Road - added 10/4
Clewiston - 328 E Sugarland Hwy
Coconut Creek - 4847 Coconut Creek Pkwy
Daytona Beach - 2400 W International Speedway - added 8/2
Delray Beach - 4801 Linton Blvd. - added 9/20
Destin - 34940 Emerald Coast Pkwy
Fort Myers - 15271 McGregor Blvd - added 8/2
Fort Walton Beach - 111 Racetrack Road NW - added 11/20
Hallandale - 1761 E Hallandale Beach Blvd
Hollywood - 3921 Oakwood Blvd
Jacksonville Beach - 14333 Beach Blvd. - added 9/20
Longwood - 250 N Us Hwy 17-92 - added 9/27
Miami - 2100 Sw 27th Ave - added 9/27
Miami - 8265 W Flagler St - added 8/2
Miami (Cutler Bay) - 18325 South Dixie Highway - added 9/13
Miami Lakes - 5580 NW 167th St
Naples - 2882 Tamiami Trl E - added 8/2
Ocoee - 751 Good Homes Road - added 10/11
Orange Park - 700 Blanding Blvd Ste 1
Orlando - 11230 South Orange Blossom Trail
Orlando - 1801 S. Semoran Blvd - added 8/2
Orlando - 2544 E. Colonial Drive - added 11/20
Orlando/Union Park - 11672 E Colonial Dr - added 8/2
Pembroke Pines - 7930 Pines Blvd. - added 9/20 - removed from closure list November 2024
Plantation - 7067 W Broward Blvd Ste B - added 8/2
Pompano Beach - 1440 NE 23rd St
Port Richey - 11854 Us Highway 19 - added 8/2
Royal Palm Beach - 511 N State Rd 7 - added 8/2
St. Petersburg - 1055 62nd Ave N - added 10/4
St. Petersburg - 950 58th Street N - added 10/4
Sarasota - 3750 Bee Ridge Rd - added 8/2
Stuart - 2236 Se Federal Hwy - added 8/2
Tampa - 12601 Citrus Plaza Dr - added 8/2
Tampa - 14948 North Florida Ave - added 10/11
Tarpon Springs - 41306 Us Hwy 19 N - added 8/2
Vero Beach - 6420 20th St - added 9/27
I didn't check all of PA, but the only one in my area closing is Clifton Heights - which only opened in 2022! I guess that would fall into the "only a few years old" category. It's a little small, though, being one of four stores in a former Kmart. I guess it just didn't get popular and they need to get rid of it.
ReplyDeletePer the list Retail Adventures published (which I added above as an update), Clifton Heights and Exton are the two Big Lots stores closing in PA right now, so both were Philly-area locations. The Clewiston Big Lots that's closing is about the same age as Clifton Heights (opening around 2022), and Boca Raton and Bonita Springs are also from the 2020's as well. Boca Raton and Bonita Springs are fairly well-off areas where Big Lots probably never had much appeal, and Clewiston is a fairly small town (what at least has a Walmart to fill the void). I wonder if a lot of Big Lots newer stores haven't been popular and just confused people as to what kind of a store it was trying to be.
DeleteI checked out all of the Houston locations using AFB's method and I don't see any that are closing at this time. That said, at least two Big Lots in my area closed towards the end of last year so it is not like we are down Big Lots around here. The one closest to me, in the former Kroger Superstore II Greenhouse, is still around. We'll see if any of these stores will be around for much longer though. I'm sure if Big Lots does collapse, it'll be a big story here at MFR!
ReplyDeleteAnother person in the retail community put together a nationwide Big Lots closure list (which I added in my post above as an update), and surprisingly, Texas has no closures at a moment - quite surprising for such a large state. I'm not surprised a few closed in Houston in last year's wave, but I guess those closures were suffice for now. I actually visited one of the closing Florida stores today, and I will keep my eye out for any more news (especially if the entire chain goes down, which could be the case).
DeleteHere in Upstate NY, only the Queensbury location is on the chopping block. It is a newer location that only opened two years ago. Quite shocking how few have closed up here (we already lost Colonie and Hudson).
ReplyDeleteThat said, it is only a matter of time before some of the grittier liquidation stores end up with their fixtures.
I'm surprised how few closures there are in New York this time, and only one of those closures being upstate. However, who knows if more closures are to come too. A lot of the closures around the country seem to be newer stores like Queensbury, so it seems like the newer format hasn't paid off.
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