Big Lots Rolls Out 2025 Reopening Plan: Discount Retail Chain Moves Into Markets Around the US
Get ready to see Big Lots in more places: the discount retail giant has revealed it’s opening more locations around the country, with the goal of 50 new stores by 2025. The decision marks a shift in strategy to bolster its business in underpenetrated rural and suburban markets as it remodels its stores to provide better in-store experiences.
Strategic Expansion Plan
Big Lots’ 2025 roadmap prioritizes reinvigorating its position in places with scarce access to cheap home stuff, groceries, and furniture, Monga reports in Fast Company. It is targeting states including Texas, Ohio, Florida and Arizona, with a combination of new store openings and remodeled stores. The company is trying to leverage renewed demand for budget shopping in the post-pandemic era, and it also highlights convenience and value.
“Our growth is a testament to our dedication to meeting our customer where they are,” a Big Lots representative said. “Reopening stores as well as establishing ourselves in new communities allows us to double down on both affordability and accessibility.”
What Shoppers Can Expect
New areas will give shoppers access to Big Lots’ signature deals on essentials, seasonal products and furniture. The retailer also plans to:
- Bring in new store designs, easier to see your way around.
- Widen same-day pickup and delivery options.
- Ramp up stock of hot products like home decor and pantry staples.
Locating New Big Lots Stores
The company has established an interactive map on its website, where customers can check on upcoming locations. Initial reports have pointed to openings in Midwest suburbs, Southern rural towns and Southwest cities.
Reinvention of the Discount Shopping Experience
Big Lots’ plan involves updating older stores with tech enhancements and brighter interiors. This revamping of the chain comes as it looks to compete against rivals like Dollar General and Ollie’s Bargain Outlet, which are also growing in value-focused markets.
Challenges and Opportunities
Big Lots is well positioned to benefit from cost-conscious shoppers, even as spikes in inflation and supply chain headaches persist. The construction is projected to add more than 1,000 jobs to local economies.
Final Takeaway
Big Lots’ 2025 reopening plan bet on the continued rise of a new discount retail age. For shoppers, that means more opportunities to take advantage of everyday low prices — and for investors, a potential turnaround story in the making.
Keep up to date on store reopenings with Big Lots’ official website.
Note: This article is based on publicly available reports and Big Lots’ press releases. Details may change. FinanceTract is not in any way affiliated with Big Lots. Always verify news through legitimate sources within the company.
