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Fans of Big Lots who were devastated when the embattled retailer filed for bankruptcy last year will be happy to learn that more than 200 locations are expected to reopen by summer. The discount chain, which had initially been expected to close every store, struck a deal in December with Variety Wholesalers, parent company of Roses and other bargain shopping chains, which agreed to take over hundreds of leases and operate the stores under the Big Lots brand. Here’s what you need to know: When are the Big Lots store reopening? The stores are having their soft openings in four “waves,” with the first wave of nine stores having already opened earlier this month, as Fast Company previously reported. A second wave of about 54 stores are expected to reopen in early May, a Variety spokesperson told Fast Company. All four waves of openings are expected to be complete by early June. Are these actually new stores, though? All of the locations were previously Big Lots stores whose leases have been taken over by Variety Wholesalers. The stores held going-out-of-business sales and, according to Variety, need to close for several weeks while they are remodeled and stocked with merchandise. Big Lots is in many ways a new company now, as Variety has an established way of operating and is likely to put its own spin on things. A Variety spokesperson told Fast Company in March that it plans to sell “new categories of merchandise.” Where are the new Big Lots stores located? The list of stores includes 219 Big Lots locations across 15 states, mostly in the South and Midwest, according to data provided by Variety. North Carolina, where Variety is headquartered, will see the most Big Lots locations reopen, with more than 50 stores planned for the state. South Carolina, Ohio, Pennsylvania, Virginia, Georgia, Kentucky, Tennessee, and West Virginia will also see large numbers of stores. !function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"]){var e=document.querySelectorAll("iframe");for(var t in a.data["datawrapper-height"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data["datawrapper-height"][t]+"px";r.style.height=d}}}))}(); The full list of planned Big Lots reopenings appears below and in the interactive map above. Alabama Wave 2 5363 Hwy 90 W Ste C, Mobile, AL 36619 603 US Hwy 72 W, Athens, AL 35611 1820 6th Ave SE, Decatur, AL 35601 Wave 3 14228 US Highway 431, Guntersville, AL, 35976 5510 McFarland Blvd, Northport, AL, 35476 1100 Hwy 78 W, Jasper, AL, 35501 2821 Montgomery Highway, Dothan, AL, 36303 Florida Wave 3 4700 Highway 90, Marianna, FL, 32446 225 S Tyndall Pkwy, Panama City, FL, 32404 9119 Merrill Rd Ste 50, Jacksonville, FL, 32225 122 S Nova Rd, Ormond Beach, FL, 32174 146 SE US Highway 19, Crystal River, FL, 34429 Wave 4 6247 Highway 90, Milton, FL 32570 2384 Commercial Way, Spring Hill, FL 34606 3401 13th St Ste 100, St. Cloud, FL 34769 843 W Bloomingdale Ave, Brandon, FL 33511 3048 E College Ave, Ruskin, FL 33570 13970 N Cleveland Ave, North Ft. Myers, FL 33903 4901 Palm Beach Blvd Ste 230, Fort Myers, FL 33905 Georgia Wave 2 558 Battlefield Pkwy, Fort Oglethorpe, GA 30742 323 Habersham Village Cir, Cornelia, GA 30531 110 E Northside Dr, Valdosta, GA 31602 2708 Peach Orchard Rd, Augusta, GA 30906 Wave 3 260 Merchants Square, Dallas, GA, 30132 2932 Canton Rd Ste 210, Marietta, GA, 30066 3791 S Cobb Dr SE Ste G, Smyrna, GA, 30080 4125 Highway 20, Ste A-2, Buford, GA, 30518 2305 E 1st St, Vidalia, GA, 30474 1803 Knight Ave Ste A2, Waycross, GA, 31501 4420 Altama Ave Ste C2, Brunswick, GA, 31520 Wave 4 127 Commerce Ave, LaGrange, GA 30241 3111 Highway 278 NW, Covington, GA 30014 13 Lester Rd Ste C, Statesboro, GA 30458 Louisiana Wave 1 755 Veterans Memorial Blvd, Metairie, LA, 70005 Michigan Wave 2 4157 E. Court Street, Burton, MI 48509 5112 Miller Rd, Flint, MI 48507 7651 23 Mile Rd, Shelby Township, MI 48316 Wave 3 659 24th St, Port Huron, MI, 48060 14333 Eureka Rd, Southgate, MI, 48195 Mississippi Wave 1 2605 W Main St, Tupelo, MS, 38801 5778 Hwy 80 E, Pearl, MS, 39208 Wave 3 875 Main St, Southaven, MS, 38671 Ohio Wave 2 4331 Mahoning Ave NW, Warren, OH 44483 7100 South Ave, Boardman, OH 44512 1965 W State St, Alliance, OH 44601 498 Cadiz Rd, Wintersville, OH 43953 56104 National Rd, Bridgeport, OH 43912 6300 E Livingston Ave, Reynoldsburg, OH 43068 Wave 3 3946 W Alexis Rd, Toledo, OH, 43623 1800 E State St, Fremont, OH, 43420 825 Cleveland St, Elyria, OH, 44035 408 Bluebell Dr NW, New Philadelphia, OH, 44663 2837 Winchester Pike, Columbus, OH, 43232 4260 West Broad St, Columbus, OH, 43228 3961 Hoover Rd, Grove City, OH, 43123 2050 E Dorothy Ln, Kettering, OH, 45420 1700 E Main St, Lancaster, OH, 43130 Wave 4 8489 Market St, Mentor, OH 44060 12588 Rockside Rd, Cleveland, OH 44125 1890 W Market St, Akron, OH 44313 405 Howe Ave, Cuyahoga Falls, OH 44221 241 W Wooster Rd, Barberton, OH 44203 426 East Waterloo Rd, Akron, OH 44319 1336 Whipple Ave NW, Canton, OH 44708 10560 Harrison Ave, Harrison, OH 45030 3640 Werk Rd, Cincinnati, OH 45248 110 S 7th St, Marietta, OH 45750 9025 Ohio River Rd, Wheelersburg, OH 45694 400 Silver Bridge Plz, Gallipolis, OH 45631 367 County Rd 406 Ste B, South Point, OH 45680 Pennsylvania Wave 2 866 Scranton Carbondale Hwy, Archbald, PA 18403 1010 O’Neill Hwy, Dunmore, PA 18512 7405 Westbranch Hwy, Lewisburg, PA 17837 Wave 3 2215 W 12th St, Erie, PA, 16505 820 Water St, Meadville, PA, 16335 697 Allegheny Blvd, Franklin, PA, 16323 2611 Ellwood Rd, New Castle, PA, 16101 5522 Shaffer Rd Unit 7, Du Bois, PA, 15801 2431 Columbia Blvd, Bloomsburg, PA, 17815 156 Eagles Glen Plz Ste 190, East Stroudsburg, PA, 18301 1241 Blakeslee Boulevard Dr E, Lehighton, PA, 18235 3437 Simpson Ferry Rd, Camp Hill, PA, 17011 467 W Penn Ave, Cleona, PA, 17042 Wave 4 750 Ohio River Blvd, Rochester, PA 15074 4717 McKnight Rd, Pittsburgh, PA 15237 2444 Philadelphia St, Indiana, PA 15701 11628 Penn Hills Dr, Pittsburgh, PA 15235 254 Oak Spring Rd, Washington, PA 15301 6041 State Route 30 Ste 20, Greensburg, PA 15601 1425 Scalp Ave Ste 130, Johnstown, PA 15904 389 N Reading Rd, Ephrata, PA 17522 500 Lincoln Hwy Ste 4, Fairless Hills, PA 19030 2140 White St, York, PA 17404 1150 Carlisle St, Hanover, PA 17331 Kentucky Wave 1 1342 Indian Mound Drive, Mount Sterling, KY 40353 Wave 2 200 Sycamore St Ste 151, Elizabethtown, KY 42701 472 Eastern Byp, Richmond, KY 40475 1714 Perryville Rd Ste 400, Danville, KY 40422 942 Happy Valley Rd, Glasgow, KY 42141 Wave 3 400 Campbellsville Byp, Campbellsville, KY, 42718 294 Village Ln, Hazard, KY, 41701 845 S Main St, London, KY, 40741 102 N 12th St, Middlesboro, KY, 40965 345 N Hwy 27 Ste 5, Somerset, KY, 42503 Wave 4 3000 Scottsville Rd, Bowling Green, KY 42104 Indiana Wave 2 195 S US Hwy 231, Jasper, IN 47546 North Carolina Wave 1 1432 E Dixie Dr, Asheboro, NC, 27203 Wave 2 1504 N Bridge St, Elkin, NC 28621 1826 W US Hwy 421 Ste K, Wilkesboro, NC 28697 526c US Highway 70 SW, Hickory, NC 28602 2587 W Franklin Blvd, Gastonia, NC 28052 1328 Carter St, Mount Airy, NC 27030 1063 Yadkinville Rd, Mocksville, NC 27028 100 Westwood Village Dr, Clemmons, NC 27012 12295 Capital Blvd, Wake Forest, NC 27587 1110 Julian R Allsbrook Hwy, Roanoke Rapids, NC 27870 955 N Wesleyan Blvd, Rocky Mount, NC 27804 4956 Long Beach Rd SE Ste 8, Southport, NC 28461 2407 N Herritage St Ste E, Kinston, NC 28501 Wave 3 685 S Hughes Blvd, Elizabeth City, NC, 27909 2725 Northwest Blvd, Newton, NC, 28658 1020 Crossroads Dr, Statesville, NC, 28625 376 West Plaza Drive, Mooresville, NC, 28117 403 N Generals Blvd, Lincolnton, NC, 28092 1728 E Dixon Blvd, Shelby, NC, 28152 601 Park St, Belmont, NC, 28012 3718 Battleground Ave, Greensboro, NC, 27410 1811 S Church St, Burlington, NC, 27215 838 Winston Rd, Lexington, NC, 27295 1700 Raleigh Rd Pkwy W Ste 104, Wilson, NC, 27896 609 Greenville Blvd SE, Greenville, NC, 27858 1403 S Pollock St, Selma, NC, 27576 1140 W Broad St, Dunn, NC, 28334 3915 Ramsey Street, Fayetteville, NC, 28311 3910 Raeford Rd, Fayetteville, NC, 28304 Wave 4 125 Weaver Blvd, Weaverville, NC 28787 273 Franklin Plaza Dr, Franklin, NC 28734 1176 Russ Ave, Waynesville, NC 28786 1639 US Highway 74A Byp, Spindale, NC 28160 1450 Andrews Rd, Murphy, NC 28906 1251 Burkemont Ave, Morganton, NC 28655 711 E Innes St, Salisbury, NC 28144 280 Concord Pkwy N, Concord, NC 28027 720 NC 24 27 Byp E, Albemarle, NC 28001 950 S Cannon Blvd Ste A, Kannapolis, NC 28083 1677 Westchester Dr, High Point, NC 27262 2531 Eastchester Dr, High Point, NC 27265 630 Lakestone Commons Ave, Fuquay Varina, NC 27526 2950 S Horner Blvd, Sanford, NC 27332 1371 N Sandhills Blvd, Aberdeen, NC 28315 1664 S Main St Ste B, Laurinburg, NC 28352 520 Berne Sq, New Bern, NC 28562 2750C N Roberts Ave, Lumberton, NC 28358 1110 Western Blvd, Jacksonville, NC 28540 2900 Arendell St Ste 19, Morehead City, NC 28557 6832 F Market St, Wilmington, NC 28405 4600 Main St Ste 1, Shallotte, NC 28470 South Carolina Wave 2 2349 Cherry Rd Ste 79, Rock Hill, SC 29732 1000 N Pine St, Spartanburg, SC 29303 915 S St Ste A, Simpsonville, SC 29681 1023A S Pendleton St, Easley, SC 29642 Wave 3 207 Oconee Square Dr, Seneca, SC, 29678 339 Bypass 72 NW, Greenwood, SC, 29649 421 Columbia Ave, Lexington, SC, 29072 3230 Augusta Rd, West Columbia, SC, 29170 Wave 4 1206 Highway 9 Bypass W, Lancaster, SC 29720 9221 Two Notch Rd Ste 30, Columbia, SC 29223 6169 St. Andrews Rd, Columbia, SC 29212 1641 Church St, Conway, SC 29526 710 Hwy 17 S Ste D, North Myrtle Beach, SC 29582 1370 S Kings Hwy, Myrtle Beach, SC 29577 1013 Old Highway 52, Moncks Corner, SC 29461 431 Saint James Ave Unit G, Goose Creek, SC 29445 10150 Dorchester Rd Unit 227, Summerville, SC 29485 328 Robert Smalls Pkwy, Beaufort, SC 29906 Tennessee Wave 1 1041 S Riverside Dr, Clarksville, TN, 37040 744 Nashville Pike, Gallatin, TN, 37066 220 Dickson Plaza Dr, Dickson, TN, 37055 Wave 2 1262 NW Broad St, Murfreesboro, TN 37129 4825 N Broadway St, Knoxville, TN 37918 420 Park Blvd, Rogersville, TN 37857 840 25th St NW, Cleveland, TN 37311 Wave 3 3110 E Oakland Ave, Johnson City, TN, 37601 2342 E Andrew Johnson Hwy, Morristown, TN, 37814 1475 E Andrew Johnson Hwy, Greeneville, TN, 37745 116 S Hall Rd, Alcoa, TN, 37701 201 Forks of the River Parkway, Sevierville, TN, 37862 264 E Broadway Blvd, Jefferson City, TN, 37760 Wave 4 633 S Jefferson Ave, Cookeville, TN 38501 1301 S James Campbell Blvd, Columbia, TN 38401 1913 Sherwood Rd, Kingsport, TN 37664 3901 Hixson Pike Ste 157, Chattanooga, TN 37415 1426 N Gateway Ave, Rockwood, TN 37854 Virginia Wave 1 2911 Hershberger Rd NW, Roanoke, VA, 24017 Wave 2 1090 Millwood Pike, Winchester, VA 22602 2715 W Main St, Waynesboro, VA 22980 4300 Portsmouth Blvd, Chesapeake, VA 23321 2646 Greensboro Rd, Martinsville, VA 24112 Wave 3 260 Remount Rd, Front Royal, VA, 22630 10611 Courthouse Rd, Fredericksburg, VA, 22407 10001 Hull Street Rd, North Chesterfield, VA, 23236 2660 Weir Place, Chester, VA, 23831 5260 Oaklawn Blvd, North Prince George, VA, 23860 4318 George Washington Mem Hwy, Yorktown, VA, 23692 Wave 4 180 Kents Ridge Rd, Richlands, VA 24641 1090 Bypass Rd, Vinton, VA 24179 6610 Mooretown Rd, Williamsburg, VA 23188 2318 W Mercury Blvd, Hampton, VA 23666 1851 E Little Creek Rd, Norfolk, VA 23518 1971 S Military Hwy, Chesapeake, VA 23320 West Virginia Wave 2 1228 Country Club Rd, Fairmont, WV 26554 104 Thompson Dr, Bridgeport, WV 26330 710 Beverly Pike, Elkins, WV 26241 118 Hills Plz, Charleston, WV 25312 110 Eagle School Rd, Martinsburg, WV 25404 7200 Mccorkle Ave SE, Charleston, WV 25304 Wave 3 291 Mall Rd, Oak Hill, WV, 25901 4522 Robert C Byrd Dr, Beckley, WV, 25801 1350 Stafford Dr, Princeton, WV, 24740
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Artificial intelligence has rapidly started finding its place in the workplace, but this year will be remembered as the moment when companies pushed past simply experimenting with AI and started building around it, Microsoft said in a blog post accompanying its annual Work Trend Index report. As part of this shift, Microsoft is dubbing 2025 the year of the “Frontier Firm.” “Like the digital native companies of a generation ago, they understand the power of pairing irreplaceable human insight with AI and agents to unlock outsized value,” Jared Spataro, CMO of AI at Work at Microsoft, said in the post. These so-called Frontier Firms will be built around “on-demand intelligence and powered by ‘hybrid’ teams of humans + agents, these companies scale rapidly, operate with agility, and generate value faster,” according to the report. Microsoft argued that within the next two to five years, every company will be on the journey to becoming one. Microsoft said that 82% of leaders responded that this is a “pivotal” year to rethink key strategy and operations, while 81% said they expect agents to be “moderately or extensively” integrated into their AI strategies in the next 12 to 18 months. The results are a culmination of survey data from 31,000 workers across 31 countries, LinkedIn hiring and labor market trends, trillions of Microsoft 365 productivity signals, and conversations with experts, and AI-native startups. Microsoft expects the transition to the Frontier Firm to play out in three phases. The first, it said, is that AI will act as an assistant to streamline work tasks. Second is the addition of AI agents as “digital colleagues,” which can take on specific tasks. The third step calls for a lot more freedom: it’s when humans set direction for agents that run entire business processes and workflows, with the human checking in as needed. It gives the example of a supply chain role. Agents can handle end-to-end logistics, while humans can guide the agents, resolve exceptions, and manage supplier relationships. AI agents are still in the early days, but companies are placing big bets that agentic AI represents the next major frontier and are rapidly innovating. OpenAI recently released Operator, a tool that automates web-based tasks, along with Deep Research, which it says can gather information from across the web and summarize it into digestible reports. Amazon launched a model designed to take over a users web browser and perform simple tasks. Anthropic, the creator of Claude, and Google have also introduced AI agents. “This shift is multifacetedevery industry and role will evolve differently as the technology diffuses across business and society,” the report said. “Just as the internet era created billions of new knowledge jobsfrom social media managers to UX designersthe AI era is already giving rise to new roles, with many more to come.”
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Want more housing market stories from Lance Lamberts ResiClub in your inbox? Subscribe to the ResiClub newsletter. The 2025 spring selling season isnt shaping up the way publicly traded homebuilders had hoped. KB Home, a giant homebuilder, told investors on March 24th that the traditionally strong spring buying window was off to a weaker-than-anticipated start. Just days earlier, Lennar, the nations second-largest builder, had offered a similar readout on its March 21 earnings call. Now, D.R. Hortonthe largest homebuilder in the U.S. and No. 120 on the Fortune 500is adding its voice to the chorus. This years spring selling season started slower than expected as potential homebuyers have been more cautious due to continued affordability constraints and declining consumer confidence, D.R. Horton CEO Paul Romanowski told investors last week. In response, the company has leaned more heavily on concessions in regions where for-sale housing inventory has risen most. So were still dealing with a lot of the markets where weve seen the much written and talked about buildup in inventory,” Romanowski said. “Weve had to add a little more concessions in the process, dependingagain, similar to our wholesale marketon the competitive environment, market by market. But we still feel pretty good about that business.” Despite macroeconomic factors like high mortgage rates and inflation concerns continuing to weigh on buyer confidence, Romanowski pointed to rising inventory levels in the housing market as the primary challenge facing D.R. Horton this spring. I would say that the macro environment hasnt done a lot to change either the pace or the concessions as much as its been the availability of inventory in the market. We are moving through that inventory in a lot of the markets and the starts pace has been down,” he said. The impact is evident in D.R. Hortons numbers: Net new orders are down 15% year-over-year. The companys South Central (which includes Texas), Southwest, and Southeast (which includes Florida) divisions posted the steepest year-over-year declines in new orders. I think you look at our concentration in Texas and through Florida, and certainly when those markets are a little softer, its going to cause us to have fewer starts in those markets in response to market conditions, Romanowski told investors on April 17th. As ResiClub has covered in great detail, the balance of power in many pockets of Florida and Texas has shifted from sellers to buyers as active housing inventory for sale there has climbed back above pre-pandemic 2019 inventory levels. !function(){"use strict";window.addEventListener("message",(function(a){if(void 0!==a.data["datawrapper-height"]){var e=document.querySelectorAll("iframe");for(var t in a.data["datawrapper-height"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data["datawrapper-height"][t]+"px";r.style.height=d}}}))}(); Still, not all of D.R. Hortons markets are weak, particularly those places where active inventory remains well below pre-pandemic 2019 levels. We have expanded our geographic footprint and have some newer markets that are seeing good stable activity without much supply and were expecting some of those markets to grow potentially beyond our expectations. So it really is a balance, but it is market to market and community to community across our platform, Romanowski said. As D.R. Horton navigates a choppy 2025 housing landscape, its focus remains on managing inventory, adapting pricing strategies, and finding growth in less inventory saturated markets. Go here to view all of ResiClubs six main takeaways from D.R. Hortons recent earnings.
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