Laura Acevedo joined the ABC 10News team in April 2017 as a reporter and multimedia journalist.
SAN DIEGO — Three Big Lots locations in San Diego County will close soon as the company struggles with financial losses.
According to the company's website, the Big Lots in La Mesa, El Cajon, and Oceanside are closing soon.The company has 109 stores in California but is closing multiple locations nationwide. Two weeks ago, Big Lots announced its plans to close 35 to 40 stores, saying they are 'underperforming.' The company also reported that its net sales dropped 10% in the first quarter of 2024 compared to the first quarter of 2023."Obviously, they can’t sustain themselves; it’s just a bummer that businesses that do offer discounts for groceries can’t sustain," said Victoria Stephens, a mom who says she prefers shopping at Big Lots because of their affordable prices.
Big Lots is the latest discount retailer to announce store closures; the 99 Cents Only Store and Dollar Tree also announced store closures earlier in the year.
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