Big Lots was ‘too expensive' — the discounter's new owner says

Big Lots went belly up last year because it chased away budget-conscious customers with high prices and pushed merchandise they didn’t want, the discount retailer’s new owner told The Post.The once-popular close-out sale chain declared bankruptcy last September after 57 years in business and abruptly shuttered all 1,392 stores, blaming “high inflation” and the inability of its “core customers’” to buy discretionary goods. 7 Big Lots filed for bankruptcy protection in September, closing more than 1,000 sto ...