JANESVILLE — The Janesville Big Lots on Milton Avenue will close as part of the company’s corporate bankruptcy, CBS News is reporting.
Big Lots last month filed for bankruptcy protection from its debts, saying it intended to sell what remained of its business to private equity firm Nexus Capital Management. Big Lots in August announced plans to close up to 315 stores.
The Columbus, Ohio-based company plans to shut down another 56 locations in 27 states, it said in a regulatory filing on Friday.
An exact closure date has not been announced.
