Boca Raton, Boynton ‘Big Lots’ Stores Among Those Closing

The Big Lots store in Boynton Beach, slated to close as part of a bankruptcy filing, Sept. 2024. (Photo: Boca Daily News)

The ongoing bankruptcy of retailer Big Lots will affect the big box store’s Palm Beach County locations, according to an updated list of stores due to close released this week.

Locally, the Columbus, OH based discount chain’s stores in Boca Raton (Route 441), Boynton Beach (N. Congress Avenue) and Pompano Beach (NE 23rd St.) will close under the company’s chapter 11 bankruptcy reorganization plan, which includes the shuttering of 344 locations across the United States. Another store in Royal Palm Beach will shut its doors, as well as numerous locations in the immediate Miami suburbs.

Several stores will remain open, including Delray Beach (Linton Boulevard), Lake Worth (Lake Worth Road), Coral Springs (University Drive) and Jensen Beach (NW Federal Highway).

The company, in total, operates 1,388 stores and employs 22,900 people.

The Big Lots store in Boynton Beach, slated to close as part of a bankruptcy filing, Sept. 2024. (Photo: Boca Daily News)

The Big Lots store in Boynton Beach, slated to close as part of a bankruptcy filing, Sept. 2024. (Photo: Boca Daily News)

The company “will continue paying employee wages and benefits, and making payments to certain critical vendors, in the ordinary course of business,” Big Lots said in a statement. “The company expects to pay vendors in full under normal terms for any goods delivered and services provided after the filing.”

Last week, Big Lots entered into a sale agreement with Nexus, which agreed to acquire substantially all of the company’s assets and ongoing business operations. To facilitate the transaction, the company initiated voluntary bankruptcy proceedings. The stores that are closing are offering significant discounts on items, generally about 50 percent, according to signage.