Part 2/7:
On Thursday, Big Lots publicly declared its potential closure after a previously anticipated sale to Nexus Capital Management failed to materialize. This turn of events is expected to lead to the closure of multiple locations, including the prominent store on Cooley Street in Springfield. If a deal with Nexus or another buyer is not finalized by early January, the impact will be felt keenly in the surrounding neighborhoods that rely on the store for affordable goods.