Big Lots to Shut Down All Remaining Locations in Indiana

COLUMBUS, OH — Big Lots Inc. has announced that it will not finalize the previously disclosed asset purchase agreement with Nexus Capital Management. The company remains optimistic about negotiating an alternative arrangement with Nexus or another potential buyer.

In light of this development, Big Lots is preparing to initiate going out of business sales at all remaining store locations, including those in Indiana, to safeguard the value of its assets.

The company believes that these liquidation sales will not hinder its ability to enter into a new purchase agreement with another entity.

“We all have worked extremely hard and have taken every step to complete a going concern sale. While we remain hopeful that we can close an alternative going concern transaction, in order to protect the value of the Big Lots estate, we have made the difficult decision to begin the GOB process.” — Bruce Thorn, President and Chief Executive Officer

During this transition period, Big Lots will continue to serve customers both in-store and online.

Indiana Locations

• 2136 E. Markland Ave., Kokomo
• 8401 Michigan Road, Indianapolis
• 138 W. Hively Ave., Elkhart
• 3958 Illinois Road, Fort Wayne
• 1806 Frontage Road, Warsaw

• 6225 Allisonville Rd., Indianapolis
• 5520 Madison Ave., Indianapolis
• 1650 E. County Line Rd., Indianapolis
• 10235 E. Washington St., Indianapolis
• 6121 Crawfordsville Road, Speedway
• 4358 S. Scatterfield Road, Anderson
• 888 Green Boulevard, Aurora
• 10321 East U.S. Route 36, Avon
• 3309 16th St., Bedford
• 3620 W. 3rd St., Bloomington
• 706 E. Lewis & Clark Parkway, Clarksville
• 3075 E. 25th St., Columbus
• 720 S. Green River Road, Evansville
• 6128 Stellhorn Road, Fort Wayne
• 1538 N. Morton St., Franklin  
• 1612 N. State St., Greenfield  
• 2080 N. Jefferson St., Huntington  
• 195 S. U.S. 231 , Jasper  
• 2525 E . Market St ., Logansport  
• 1345 Clifty Drive , Madison  
• 1535 S . Western Ave ., Marion  
• 4110 Franklin St ., Michigan City  
• 420 W . McKinley Ave ., Mishawaka  
• 440 New Albany Plaza , New Albany  
• 918 W . Lincoln Highway , New Haven