Tennessee
Why Big Lots announced going out of business sales at remaining locations. What to know about closures in Tennessee
Big Lots: Rising inflation forcing retailer to close dozens of stores
Big Lots plans to close 35-40 stores this year, highlighting economic challenges facing large retailers. The closures include four stores in Michigan.
Big Lots has closed over 400 stores in 2024 and has now announced going out business sales across its remaining locations.
On Thursday, Big Lots announced in a news release that it did not anticipate a sale to Nexus Capital Management going through. In this deal, Nexus Capital Management would have taken over Big Lots by early January helping the chain achieve financial stability.
Here’s what to know about Big Lots closures in Tennessee.
Is Big Lots closing all its stores?
Big Lots does not have any plans to close all of its stores yet. The going out of business (GOB) sales are a way for the company “protect the value of its estate,” according to their statement. The goal is for the sales to allow Big Lots to continue being a company that is financially stable enough to meet obligations and continue business in the near future.
“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,” said Bruce Thorn, Big Lots’ President and Chief Executive Officer,
The company filed for Chapter 11 bankruptcy in September after announcing the original plan to close less than 50 stores in July. There have been over 400 stores announced for closure since then.
Which Big Lots stores in Tennessee are closing?
As previously reported by USA TODAY, the stores closing in Tennessee include two stores outside Nashville and one in northwest Tennessee. They are:
There has been one store added to the closing list:
How many Big Lots are there in Tennessee?
There are a total of 47, soon to be 43, Big Lots stores across Tennessee. Locations include Chattanooga, Clarksville, Memphis, Knoxville and more. A complete list of Big Lots stores can be found at local.biglots.com/tn.
Why is Big Lots closing stores?
High inflation and interest rates are impacting Big Lots like many other stores. Additionally, a news release from the company said economic trends like customer spending on home and seasonal products, have affected the company’s revenue.
The company had previously reported that sales in the first quarter of 2024 fell more than 10% compared to the previous year. The company did perform better in the second quarter, yielding improved comp sales.
“While the company’s underlying performance has been improving, the Board of Directors conducted a broad strategic review of alternatives and determined that entering into the Sale Agreement with Nexus, and initiating a court-supervised sale process, is the best path forward to maximize value and ensure continued operations,” wrote Big Lots in the news release.
NASHVILLE, Tenn. (WTVF) — Tennessee has approved funding for Summer EBT benefits that will put money directly on families’ grocery cards, but the program will not kick in until summer 2027.
This delay leaves families to find other resources for the upcoming summer.
The program will make way for eligible families to get $120 in federal funds per child to spend on groceries during summer months when kids lose access to school breakfast and lunch.
About 700,000 Tennessee children would qualify for the benefit.
Tennessee participated in 2024 but skipped the program for 2025 and 2026.
Advocates like Marissa Spady, senior manager at No Kid Hungry, say the program couldn’t be more critical.
“It’s very exciting to know that families will have the resources that they need to make sure that their children are able to head back to school in August with having the nutrition they need to be ready to learn,” Spady said.
The program allows families to use benefits at grocery stores and farmers markets they already shop at, bringing millions of federal dollars into Tennessee’s economy.
For families needing help this upcoming summer, you can check with your school district about summer meal sites and other resources.
To learn more about how this delay impacts local families and what resources are available now, watch the full video report above. Have questions or a story idea? Reach out to me directly at Eric.Pointer@NewsChannel5.com.
This story was reported by Eric Pointer and has been converted to this platform with the assistance of AI. Eric Pointer and our editorial team verifies all reporting on all platforms for fairness and accuracy.
Middle Tenn. gardeners: How to handle early spring, dry weather
It’s has been a dry spring for us. Nashville is over 6 inches below normal for rainfall for the year with Clarksville over a 9 inches deficit. Kim Rafferty went to a nursery to get a couple of tips that may be useful for you.
– Lelan Statom
Tennessee
Tennessee lawmakers react after shooter opens fire during White House Correspondents’ Dinner
NASHVILLE, Tenn. (WSMV) – President Donald Trump and other top leaders in the U.S. are unharmed after being evacuated from the White House Correspondents’ Dinner when a shooter opened fire at the hotel the event was being held.
The Associated Press reported that the incident happened outside the ballroom where the dinner was being held. The correspondents’ dinner was scrapped and will be rescheduled.
The FBI said the shooter is in custody.
During a press conference after the incident, President Trump said the suspect was armed with multiple weapons before being stopped.
Trump unharmed after security incident at White House correspondents’ dinner
Trump responds after shooter opened fired at correspondents’ dinner
Some Tennessee lawmakers have shared their reactions to the on social media.
Gov. Bill Lee:
Congressman Andy Ogles, who was at the dinner, posted a video to X saying he and his other colleagues were safe.
Sen. Marsha Blackburn:
Sen. Bill Hagerty:
U.S. Rep. Matt Van Epps:
The AP reported that the FBI Washington field office is investigating the shooting.
Copyright 2025 WSMV. All rights reserved.
At least Jermod McCoy didn’t have to wait long on Saturday, after a difficult fall over the first two days of the NFL Draft.
McCoy, a cornerback from Tennessee who missed all last season due to a knee injury, was the first pick of the fourth round to the Las Vegas Raiders. He was expected to go much sooner. Some thought he could go in the first round on Thursday. There were multiple concerns about his ACL injury and whether he’ll need more surgery, Yahoo Sports’ Charles Robinson reported.
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There will be a bit of a reunion as McCoy joins the Raiders. McCoy’s first college interception was against a quarterback from Cal named Fernando Mendoza. Mendoza moved on to Indiana, won a Heisman Trophy and was the first overall pick of the draft to the Raiders. McCoy and Mendoza get to be teammates in the NFL.
Jermod McCoy, who missed all last season after suffering a torn ACL, slid in the NFL Draft. (Photo by Jacob Kupferman/Getty Images)
(Jacob Kupferman via Getty Images)
If McCoy was healthy coming into this year’s NFL Draft, it seems like a foregone conclusion he would have been a first-round pick. He might have gone in the top 10. But in January of 2025, he tore his right ACL while working out. That forced him to miss the entire 2025 season, but he was still considered a potential first-round pick based on what he had shown already in college.
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But NFL teams were clearly worried about his medical exams. McCoy didn’t get picked in the first round and he slid in the second round too. Cornerbacks Colton Hood, Avieon Terrell, D’Angelo Ponds and Brandon Cisse were taken in the second round with McCoy on the board. That’s when it was obvious teams were scared of the injury. McCoy probably would have gone ahead of all of those cornerbacks, and perhaps even the two first-round cornerbacks Mansoor Delane and Chris Johnson, if he never got hurt.
The third round came and went without McCoy being picked, leading to another night of wondering where he’d go. The Raiders took a chance on him to start the third day of the draft. If his knee holds up, it will be tremendous value.
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