BigLots, which sells furniture, home decor and other items, said in a statement on Monday that high inflation and interest rates have hurt its business as consumers have pulled back on their ...
BigLots said Los Angeles-based investment company ... flush with stimulus payments and nowhere to go spent that money on furniture and other goods at the Columbus-based retailer.
Discount home goods retailer Big Lots filed for bankruptcy protection on Monday after high interest rates and a sluggish housing market slowed demand for its low-priced furniture and decor.
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