Community Corner
La Mesa Big Lots Store Closing Amid Financial Troubles
Following a grim financial report, Big Lots has designated about half of its California stores for closure.
LA MESA, CA — Big Lots officials have identified a slew of California stores designated for closure amid doom and gloom outlined in an earnings report.
The store closures were announced individually on the chain's California store locator function on the company website. They come on the heels of an earnings statement that mentioned a decline in net sales and a possible credit snafu.
In La Mesa, the store located at 6145 Lake Murray Boulevard is scheduled to shut down, officials said.
Find out what's happening in La Mesa-Mount Helixfor free with the latest updates from Patch.
Here's a run-down on California Big Lots scheduled for closures, according to the store's website:
- Anaheim: 1670 W Katella Avenue; Anaheim, CA 92802
- Anaheim: 6336 E Santa Ana Canyon Road; Anaheim, CA 92807
- Atascadero: 2240 El Camino Real; Atascadero, CA 93422
- Atwater: 1085 Bellevue Road; Atwater, CA, 95301
- Bakersfield: 1211 Olive Drive; Bakersfield, CA 93308
- Bakersfield: 2621 Fashion Place; Bakersfield, CA 93306
- Beaumont: 1782 E 2nd Street; Beaumont, CA 92223
- Camarillo: 353 Carmen Drive; Camarillo, CA 93010
- Santa Clarita/Canyon County: 19331 Soledad Canyon Road; Canyon County, CA 91351
- Chico: 1927 E 20th Street; Chico, CA 95928
- Concord: 2060 Monument Boulevard; Concord, CA 94520
- Corona: 740 N Main Street; Corona, CA 92880
- Culver City: 5587 Sepulveda Boulevard; Culver City, CA 90230
- Delano: 912 County Line Road; Delano, CA 93215
- El Cajon: 1085 E Main Street; El Cajon, CA 92021
- Fairfield: 1500 Oliver Road; Fairfield, CA 94534
- Folsom: 9500 Greenback Lane, Ste 22; Folsom, CA 95630
- Fresno: 7370 N Blackstone Avenue; Fresno, CA 93650
- Gilroy: 360 E 10th Street; Gilroy, CA 95020
- Hercules: 1551 Sycamore; Hercules, CA 94547
- Indio: 42225 Jackson Street, Ste B; Indio, CA 92203
- La Mesa: 6145 Lake Murray Boulevard; La Mesa, CA 91942
- Livermore: 4484 Las Positas Road; Livermore, CA 94551
- Lompoc: 1009 N H Street, Ste M; Lompoc, CA 93436
- Long Beach: 2238 N Bellflower Boulevard; Long Beach, CA 90815
- Los Banos: 951 W Pacheco Boulevard; Los Banos, CA 93635
- Manteca: 1321 West Yosemite, Avenue; Manteca, CA 95337
- Merced: 665 Fairfield Drive; Merced, CA 95348
- Milpitas: 111 Ranch Drive; Milpitas, CA 95035
- Modesto: 3900 Sisk Road; Modesto, CA 95356
- Oceanside: 1702 Oceanside Boulevard; Oceanside, CA 92054
- Ontario: 4430 Ontario Mills Parkwasy; Ontario, CA 91764
- Placerville: 47 Fair Lane; Placerville, CA 95667
- Rancho Santa Margarita: 30501 Avenida De Las Flores; Rancho Santa Margarita, CA 92688
- Redlands: 810 Tri City Center; Redlands, CA 92374
- Riverside: 2620 Canyon Springs Parkway; Riverside, CA 92507
- Rohnert Park: 565 Rohner Park Expressway; Rohner Park, CA 94928
- Sacramento: 6630 Valley Hi Drive; Sacramento, CA 95823
- Sacramento: 8700 La Riviera Drive; Sacramento, CA 95826
- Salinas: 370 Northridge Mall; Salinas, CA 93906
- San Bernardino: 499 W Orange Show Road; San Bernardino, CA 92408
- Santa Clara: 3735 El Camino Real; Santa Clara, CA 95051
- Santa Maria: 1417 S Broadway; Santa Maria, CA 93454
- Santa Paula: 568 W Main Street, Ste B; Santa Paula, CA 93060
- Santa Rosa: 2055 Mendocino Avenue; Santa Rosa, CA 95401
- Simi Valley: 1189 Simi Town Center Way; Simi Valley, CA 93065
- Stockton: 2720 Country Club Boulevard; Stockton, CA 95204
- Temecula: 27411 Ynez Road: Temcula, CA 92591
- Tracy: 2681 N Tracy Boulevard; Tracy, CA 95376
- Turlock: 1840 Countryside Drive; Turlock, CA 95380
- Ukiah: 225 Orchard Plz; Ukiah, CA 95482
- Vacaville: 818 Alamo Drive; Vacaville, CA 95688
- Visalia: 2525 S Monney Boulevard; Visalia, CA 93277
- Woodland: 52 W Court Street; Woodland, CA 95695
Prior to the closure announcement, Big Lots had more than 1,400 stores nationwide.
Find out what's happening in La Mesa-Mount Helixfor free with the latest updates from Patch.
About two weeks ago, in a filing with the federal Securities and Exchange Commission, Big Lots officials divulged plans to close as many as 40 of its 1,392 stores nationwide and the discount retailer warned in a regulatory report that it has "substantial doubts" it can continue as a functioning business.
It did not immediately name the stores, and they then appeared on the website.
In the SEC filing, company officials said there is a "significant likelihood" that Big Lots won't be able to meet the terms of a credit agreement. Big Lots last month reported a net loss of $205 million for the first quarter of fiscal 2024.
"We missed our sales goals due largely to a continued pullback in consumer spending by our core customers, particularly in high ticket discretionary items,” Big Lots President and CEO Bruce Thorn said.
No timetable has been posted for the closures.
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