Big Lots Shuts Doors In Fairless Hills


The Big Lots store in Falls Township last week. Credit: Submitted

The Big Lots store in Falls Township’s Fairless Hills section has closed permanently.

Advertisements


The closure comes after weeks of liquidation sales following the Ohio-based company’s bankruptcy filing.

The 40,000-square-foot store in the Fairless Hills Shopping Center on Lincoln Highway closure has left the future of the retail space uncertain.

According to bankruptcy court filings, Big Lots has indicated that approximately 200 of its stores will reopen under an unspecified brand name.

Advertisements


Variety Wholesalers is acquiring between 200 and 400 Big Lots locations, which it intends to operate under the Big Lots brand. Variety Wholesalers, which operates over 400 retail stores under banners including Roses and Maxway, may also employ existing Big Lots associates at the acquired stores and distribution centers, the company said.

While it remains unclear whether the Falls Township location will reopen under the Big Lots brand or be operated by Variety Wholesalers, the Fairless Hills Shopping Center has been sold to Ocean State Job Lot, a Rhode Island-based discount retailer, for $23.6 million.

Advertisements


Ocean State Job Lot does own some of the shopping centers where its stores are based.

Ocean State Job Lot did not confirm whether it plans to open a store in the shopping center, but stated that it has “more growth with new stores on the horizon.”

Big Lots traces its roots to 1967 and expanded to have more than 1,400 stores before financial troubles hit in 2023.


Advertisements


Advertisement

Cannabis Store Exterior

Convenient Legal Access to High Quality Cannabis Just A Few Minutes Away!

Cannabis Products

Canna Remedies: Educate Curate Elevate


Advertisements



Report a correction via email | Editorial standards and policies