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Why Big Lots announced going out of business sales at remaining locations. What to know about closures in Tennessee

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Why Big Lots announced going out of business sales at remaining locations. What to know about closures in Tennessee


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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.

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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:

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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.

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“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.



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Flood watch in effect for all of Middle Tennessee Monday — 1 to 3 inches of rain expected

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Flood watch in effect for all of Middle Tennessee Monday — 1 to 3 inches of rain expected


Heavy rain is moving in and could cause flooding across Middle Tennessee.

Showers and storms will start early Monday morning and continue through the day. A flood watch is in effect from 6:00 a.m. to 8:00 p.m. for the entire area.

The FOX17 Code Red Weather team expects 1 to 3 inches of rain, with some spots possibly seeing up to 4 inches. There’s a good chance at least one area in Middle Tennessee will see flash flooding Monday, but it’s unclear exactly where that will happen.

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Creeks and streams will rise throughout the day. If you come across a flooded road, turn around and find another route.



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Tennessee Lottery Results for June 7, 2026

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Tennessee Lottery Results for June 7, 2026


For players who make checking their lottery tickets part of their daily routine, Sunday, June 7, 2026 brings a fresh set of Tennessee Lottery results. From Powerball and Mega Millions to local favorites like Cash 3 and Daily Tennessee Jackpot, all the latest winning numbers and jackpot details are in. Be sure to check your numbers and keep an eye on upcoming draws for your next shot at a prize.

For more Tennessee Lottery updates and the latest winning numbers, check back after each drawing to see if your numbers match up.

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Portion of Clarksville Pike dedicated in honor of trailblazing Sen. Thelma Harper in North Nashville

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Portion of Clarksville Pike dedicated in honor of trailblazing Sen. Thelma Harper in North Nashville


NASHVILLE, Tenn. (WTVF) — A portion of Clarksville Pike now bears the name of the late Sen. Thelma Harper, the first Black woman elected to the Tennessee Senate.

A community ceremony was held Saturday at the Bordeaux Library at 4000 Clarksville Pike to dedicate a portion of the highway in Harper’s honor. Sen. Charlane Oliver hosted the event after helping pass legislation for the highway dedication.

Harper represented North Nashville for nearly 3 decades and served 8 years on Nashville’s Metro Council before her time in the state Senate. Clarksville Pike was the road she traveled daily on her way to the Tennessee legislature.

Those who gathered remembered Harper for her signature crown and her proud sorority red — colors that filled the crowd at the ceremony.

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“Giant, legend, icon, pioneer, trailblazer, diva, hellraiser.”

“Senator Harper understood that public service is ultimately about showing up for people.”

Harper’s hat collection was also a well-known part of her public identity.

“A lady in hats made the public aware. In a interview, she said, ‘Look, I have hair.’”

Jamie Isabel recalled working alongside Harper from the very beginning of her political career.

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“I worked in her first campaign in 1983. She was so special because she saw everyone as her kid.”

Harper’s influence extended beyond her legislative work, serving as a visible example for those who came after her.

“You can’t be what you can’t see… She gave me an opportunity to see where I could possibly be one day,” said Isabel.

Harper’s daughter, Linda Harper, attended the ceremony and said she felt her mother’s presence there.

“I remember seeing my father tell me, ‘Well Linda, it’s going to be okay because your mom is fighting for more than just our family.’”

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Linda Harper said she sees the Bordeaux community now and is reminded of what her mother fought for — the people and their way of life. She said preserving the neighborhood’s character remains important.

“We need to keep our existing businesses because most of them are mom-and-pop shops.”

“So to me, I just want to say #ShopBordeaux.”

Oliver, who is running for re-election for District 19 — the same seat held by the late Harper — reflected on what she hopes people take away from the dedication.

“Remember, remember that big smile, that big hat, but most importantly remember a fierce legislator beyond boundaries.”

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Oliver previously spoke about what Harper’s legacy means to her:

“When I ran for the Senate District 19 seat, constituents at a forum asked me which leader I admire most. My answer was easy: Senator Thelma Harper.

Having served as the first Black woman in the Tennessee Senate for 28 years, she was a fierce advocate, a trailblazer, and beloved community servant whose legacy I can only hope to continue as her successor. Sen. Harper was a legend who brought joy, hope and real change to North Nashville.

It is my absolute honor to dedicate a portion of Clarksville Highway in her name — a road she traveled every day on the way to the Tennessee legislature to fight for Black Nashville residents. This highway renaming is a permanent testament to her life’s work and a reminder to every person who travels this road of the giant who came before us.”

This story was reported on-air by a journalist and has been converted to this platform with the assistance of AI. Our editorial team verifies all reporting on all platforms for fairness and accuracy.

Do you have more information about this story? You can email me at Amanda.Roberts@NewsChannel5.com

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Students help relaunch donation drive for Monroe Carell Jr. Children’s Hospital at Vanderbilt

Young or old, we all love to play board and card games! Those games become even more important when you are indoors and don’t have the ability to get outside, like patients in a hospital. Austin Pollack shares the story of students in a Nashville family who have helped re-launch the Red Wagon project to collect games for patients at the Monroe Carell Jr. Children’s Hospital at Vanderbilt.

– Lelan Statom

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