Strategic Horizons Consulting, Kenneth Collins Lessons Small Businesses Can Take from the Fall of Big Lots Current Big Lots Situation In late 2024, Big Lots — once a familiar name in discount retail — filed for Chapter 11 bankruptcy after years of declining sales and mounting debt. At its peak, the chain h... Business Strategy Exit Strategy Financial Health Lessons from Big Brands Retail Insights Small Business Tips Sep 17, 2025 Strategic Horizons Blog