After months of struggling to stay afloat, Big Lots has announced that it will be closing all of its locations across the United States. The discount retailer filed for Chapter 11 bankruptcy protection earlier this year, citing declining sales and increased competition from online retailers.

As part of its liquidation process, Big Lots has launched “going out of business” sales at all of its remaining stores. Customers can expect to find deep discounts on a wide range of products, including furniture, home decor, clothing, and household items.

The news comes as no surprise to many retail analysts, who have been predicting the demise of Big Lots for some time. The company has been struggling to compete with online retailers such as Amazon and Walmart, which have been able to offer lower prices and faster shipping times.

Despite efforts to revamp its business model and improve its e-commerce platform, Big Lots has been unable to stem the tide of declining sales. The company’s decision to close all of its stores will likely have a significant impact on the retail landscape, particularly in the communities where Big Lots has been a long-standing presence.