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After a deal with a potential buyer for Big Lots fell through, the chain of discount stores is liquidating all of its stores and holding going-out-of-business sales at each location.
The details
According to the company's website, the stores, which includes the Keller location, will “permanently close based on available remaining inventory.”
The website states the exact date for the closures is unavailable and price markdowns vary by store and by product.
Once a store begins the closing process, markdown percentages can change quickly.
The backstory
Big Lots announced Nov. 22 an agreement was reached with Nexus Capital Management to buy its assets and ongoing business operations.
On Dec. 19, a Big Lots news release stated the deal with Nexus would not be completed and that the company would begin going out of business sales at all of its stores.
