In a recent quarterly report, Big Lots Inc., the big-box retailer based in Columbus, Ohio, revealed its plans to close dozens of stores across the United States, including a number of locations in the Carolinas. While the company did not initially provide a list of specific closures, it has since updated its website to include the affected stores.

Among the stores slated for closure is a Big Lots location in the greater Charlotte region. The store, situated at 1841 J A Cochran Bypass in the Chester Crossing shopping center, will be shutting its doors. Additionally, two other stores in South Carolina and one in North Carolina are also set to close.

According to the quarterly report released in June, Big Lots expects to shutter 35 to 40 stores in 2024, while only opening three new locations. The decision to close these stores is likely part of the retailer's strategic plan to optimize its operations and improve overall profitability.

The closures come as a blow to customers who have relied on these Big Lots locations for discounted home goods, furniture, and other household items. However, it is worth noting that the company will continue to maintain a strong presence in the retail market, with numerous stores remaining open across the country.

The impact of these closures on the job market is yet to be determined, as Big Lots has not disclosed the number of employees affected by the shutdowns. It remains to be seen whether the company will offer relocation opportunities for employees or provide assistance in finding new employment.

As Big Lots takes steps to streamline its business operations and adapt to changing consumer trends, it will be interesting to see how the closure of these stores will impact the overall financial performance of the company.