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Big Lots closes its last Clark County store; it opened 5 years ago in the former Orchards Safeway location
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Big Lots closes its last Clark County store; it opened 5 years ago in the former Orchards Safeway location

Big Lots is closing its last retail location in Clark County, the company announced in a recent release. court filing.

There is no date for the closure of the Orchards store, 11696 NE 76th St. The store, which opened in 2019 after the relocation of a Safewayis home to a shopping center that includes a Dollar Tree and several small businesses.

The Ohio-based retailer closed its east Vancouver location near New Seasons in Fisher’s Landing earlier this year.

Another Big Lots was previously located in the Vancouver Village shopping center near the Vancouver Mall, but it closed in 2012.

Big Lots joins the growing number of national brands closing locations in Clark County. Dollar tree and Party City closed their east Vancouver locations earlier this year, while brands like The Body Shop and Bed Bath and Beyond shuttered all of their locations nationally.

Big prizes deposited Chapter 11 Bankruptcy September 9, with investment firm Nexus Capital Management acting as a “tracker bidder.” The financial term describes a bidder who will set a low-end bidding bar so that other bidders cannot underbid the purchase price of a bankrupt company.

Despite the wave of business bankruptcies in the retail sector, Clark County’s retail vacancy rate remains well below the national rate, 10.3% in the third quarter, according to Moody’s Analytics.

Clark County’s rate is closer to 3 percent.

As chain stores moved out, more moved in.

Trader Joe’s opened a third Clark County store last month in the former Bed Bath and Beyond on Vancouver’s east side. Urban Air Adventure Park recently opened in what was once a Walmart Neighborhood Market in Vancouver Plaza. And Japanese discount retailer Daiso recently opened in two previously empty stores.

Mark Osborne, real estate director for Vancouver-based CE John, told The Columbian earlier this year that Washington and Clark County attract a variety of global, regional and local businesses. CE John owns several hundred thousand square feet of commercial real estate in the county, almost all of which is leased.