A sign stands outside a Big Lots store in Hercules, California on June 7, 2024. The discount retailer reported first-quarter earnings that fell short of analysts’ expectations, with net sales of $1.009 billion, compared to $1.124 billion a year earlier.
HERCULES, California. – Discount retail chain Big Lots is closing 75 stores across California, including some in the Bay Area.
In June, Big Lots reported a net loss of $205 million for the first quarter ended in May. Net sales fell 10 percent, totaling $1 billion in the first quarter, according to the company’s website.
President and CEO Bruce Thorn acknowledged that the company’s sales had suffered a setback.
“While we made significant progress in improving our operations in the first quarter, we missed our revenue targets largely due to a continued decline in consumer spending by our core customers, particularly on high-cost consumer goods,” he said.
Store closings in the Bay Area
Big Lots has 109 stores in California and 75 of them are closing, but an official closing date has not yet 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
