Major Idaho Retailer Closing All Stores After Merger Fails

From Hastings, Sports Authority and Sears to Shopko, Gordmans and Kmart, there are a lot of well known brands that no longer exist in Idaho. It appears that one more is about to join the list of brands that have closed every single one of their stores in the Gem State.

In July, speculation started swirling that the popular bargain hunting destination, Big Lots, was in serious trouble. CBS News reported that the Ohio based retailer filed a document with the Securities and Exchange Commission saying that they had “substantial doubt” that they’d be able to continue the brand. In the first quarter of their fiscal year, the company reported a net loss of $205 million. At the time, CBS News thought 35-40 Big Lots stores would close.

After that report, The Hill started counting “Closing This Location” banners on the brand’s website. They thought the number was closer to 90…

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