Big Lots plans to close 10 stores in the Bay Area
A sign is posted in front of a Big Lots store on June 07, 2024 in Hercules, California. Discount retailer reported first quarter earnings that fell short of analyst expectations with net sales of $1.009 billion compared to $1.124 billion one year ago
HERCULES, Calif. - Discount retail chain Big Lots is closing 75 stores across California and a handful of them are in the Bay Area.
In June, Big Lots reported a net loss of $205 million in the first quarter ending in May. Net sales fell 10%, totaling $1 billion in its first quarter, according to the company's website.
President and CEO Bruce Thorn admitted that the company's sales had taken a hit.
"While we made substantial progress on improving our business operations in Q1, we missed our sales goals due largely to a continued pullback in consumer spending by our core customers, particularly in high ticket discretionary items," he said.
Stores closing in the Bay Area
Big Lots has 109 stores in California and 75 of them are shuttering, though an official closing date has not been announced.
Here is a list of Bay Area stores that are expected to close, according to their website.
- Santa Clara: 3735 El Camino Real
- Santa Rosa: 2055 Mendocino Ave.
- Vacaville: 818 Alamo Drive
- Concord: 2060 Monument Blvd.
- Fairfield: 1500 Oliver Road
- Gilroy: 360 E. 10th St.
- Hercules: 1551 Sycamore Ave.
- Livermore: 4484 Las Positas Road
- Milpitas: 111 Ranch Drive
- Rohnert Park: 565 Rohnert Park Expressway