Big Lots Closing Locations in Vacaville & Fairfield
Big Lots is closing its Vacaville and Fairfield locations. The company has struggled in recent quarters and announced wide-spread store closures.
The Big Lots website has a page for every store location and many (almost all) northern California locations indicate they are closing soon. The Vacaville location has signage announcing the store is closing and all merchandise is up to 20% off.
I asked an employee when the store was closing and she told me employees didn’t know yet.
Big Lots released its first quarter report for 2024 showing a 10.2% decrease in gross revenue compared to the same period last year. The company posted an operating loss of $120,149,000 in the first three months of 2024.
In the report, Big Lots points to a “challenging consumer environment” as cause for its financial woes.
“While we made substantial progress on improving our business operations in Q1, we missed our sales goals due largely to a continued pullback in consumer spending by our core customers, particularly in high ticket discretionary items.”
– Bruce Thorn, Big Lots President & CEO
The Vacaville Big Lots store, located at 818 Alamo Drive, has been there for many years (I wasn’t able to find a date for its opening). The Fairfield Big Lots location on Oliver Road held its grand opening in September of 2022.
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