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Big Lots is planning "going out of business" sales at all of its stores

CBS News
Summary
Nutrition label

71% Informative

Big Lots is preparing to close all of its stores, the bankrupt discount retailer says.

The company had previously planned to sell its assets to private equity firm Nexus Capital Management .

Big Lots plans to host "going out of business" sales at all stores.

U.S. retailers have announced more than 7,100 store closures this year , according to recent data.

VR Score

68

Informative language

63

Neutral language

53

Article tone

semi-formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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