Big Lots, Inc. announced in a news release on Thursday that it plans to close all of its remaining Big Lots store locations in the coming days "to protect the value of its estate."
Bruce Thorn, Big Lots' President and Chief Executive Officer, said in the release, "We all have worked extremely hard and have taken every step to complete a going concern sale.
"While we remain hopeful that we can close an alternative going concern transaction, in order to protect the value of the Big Lots estate, we have made the difficult decision to begin the GOB process."
Big Lots only lists nine locations left in Arizona, none of which are in Tucson. There is one still listed in Sierra Vista.
