Cheaper than Dollar Tree? This retailer is reopening 219 stores nationwide

In a time when store closures have become an all-too-familiar sight, one beloved discount chain is charting a different path.

A major comeback is now underway, with over 200 stores preparing to swing their doors open again across the country.

Thanks to a recent acquisition, shoppers can expect prices that challenge even the biggest names in budget retail. If you’ve been missing deep discounts, this could be welcome news.



The Comeback Kid of Retail​

While many chains are scaling back, this discount retailer is flipping the script—and doing so in a big way.

After facing financial trouble and a wave of closures, the Big Lots brand is now getting a fresh lease on life.


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A beloved discount retailer is set to reopen 219 locations by June. Image source: WKYC Channel 3 / YouTube


The turnaround comes after Variety Wholesalers purchased key assets in a bankruptcy deal, breathing new energy into the name and setting the stage for expansion.

Variety Wholesalers is no stranger to the bargain world. With more than 400 stores under banners like Roses, Maxway, and Bill’s Dollar Stores, the company is now adding this once-struggling brand to its lineup.

President and CEO Lisa Seigies expressed enthusiasm for the relaunch, promising “more deals than ever,” familiar brands, and a new apparel section designed for the entire family.



The Reopening Rollout​

The revival is set to unfold in several waves starting this month, beginning on a Thursday. Roughly 55 more stores will follow on May 1, with the remaining locations reopening throughout June.

While the full list of returning stores hasn't been revealed yet, a fall grand opening celebration is already in the works.

In addition to restoring 219 shuttered locations, Variety Wholesalers plans to launch nine completely new stores across multiple states.

That’s more savings in more places—just in time to meet growing consumer demand for value-driven shopping.

The Deal That Sparked It All​

The comeback traces back to a December 2024 deal between Big Lots and Gordon Brothers Retail Partners.

That transaction allowed Variety Wholesalers to acquire stores that were on the chopping block, pulling the brand back from the brink.

It’s a rare success story in a retail climate that’s seen more downsizing than expansion.



Why This Matters Now​

The retail sector has been under pressure as prices rise and consumer confidence dips.

Some retail executives have even acknowledged that price hikes are unavoidable—and shoppers are feeling the pinch.

In that context, the return of a discount retailer with ultra-low prices is a standout moment.

Not only does it provide more options, but it also gives shoppers a reason to feel optimistic about what’s ahead.


Looking Ahead​

For now, specifics on which stores will reopen remain limited, but the buzz is growing.

If your local store was affected by recent closures, it might be among those set to return.

With added locations on the way and a renewed focus on affordability, the future is looking brighter for fans of everyday savings.

Key Takeaways
  • Big Lots retailer is set to reopen 219 locations by June, marking a positive development in the retail industry.
  • Variety Wholesalers, the new owner, has acquired multiple assets from a bankruptcy filing and will reopen the stores in waves starting Thursday.
  • Alongside the re-opening of the acquired stores, Variety Wholesalers also plans to open nine new stores across multiple states in the US.
  • The retailer's revival is the result of a lucrative deal with Gordon Brothers Retail Partners, allowing the sale of Big Lots' assets and saving the brand from closure.
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Are you excited about the return of this discount chain? Have you been looking for more wallet-friendly alternatives as prices rise? Drop your thoughts in the comments below—let’s talk about how this news could change the way we shop this year.
 
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Reactions: KellyColeman
So looking forward to the return/reopening of Big Lots. Hope they will be reopening in the Anaheim CA area.
 
So looking forward to the return/reopening of Big Lots. Hope they will be reopening in the Anaheim CA area.
I did a little research and it looks like California is out of the picture. The company that is taking over has stores on the other side of the US so they are focusing on the Big Lot stores in that area.
 

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News, deals, games, and bargains for Americans over 60. From everyday expenses like groceries and eating out, to electronics, fashion and travel, The GrayVine is all about helping you make your money go further.

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