Big Lots, billed as the nation’s largest closeout retailer, will open its first store in Saratoga County later this year in The Crossing shopping center near Northway Exit 9.
The store will occupy 30,000 square feet of space, according to J. Eric King, owner of The Crossing.
The new store, expected to open late this summer, will be part of a national chain that has 1,339 stores in 47 states. Regionally, the retail corporation currently has stores in Colonie, Troy, Amsterdam, Rensselaer and Pittsfield, Mass.
Big Lots sells everyday food items, housewares, toys and seasonal goods. The stores sell a wide variety of mostly closeout and overstock merchandise, everything from furniture and clothing to small electronics.
“As the nation’s largest broad-line closeout retailer, we have the buying power to find and negotiate the best deals in the business,” the corporation’s Web site (www.biglots.com) states.
Jason Hoefer, property manager at The Crossing, said Big Lots will move into a space in the shopping center earlier occupied by Exit 9 Wine and Liquor Warehouse.
The wine and liquor store has moved to a 38,500-square-foot space at The Crossing once occupied by Linens ’n Things, a national chain that went out of business last year.
The liquor store opened in its new location Jan. 7.
Clifton Park Supervisor Philip Barrett said Wednesday that the town welcomes Big Lots because it will bring new jobs and additional sales tax revenue to the town and Saratoga County.
“I am pleased that Big Lots has chosen The Crossing for its first Saratoga County store,” King said in a statement. “They will be good for the other tenants, the county and the overall economy of the area,”
Big Lots Inc. is headquartered in Columbus, Ohio, and is a Fortune 500 retail corporation. It is traded on the New York Stock Exchange and had revenues of more than $4 billion in 2008.
The Crossing is a 550,000-square-foot shopping center located at the southwest corner of the intersection of state routes 9 and 146. Part of the shopping center is in the town of Clifton Park and part is in the town of Halfmoon.
The shopping center includes Home Depot, Target, Petco, Michaels, Kohl’s and OfficeMax as well as Red Robin, Cracker Barrel, Empire Vision, Famous Footwear and the Wheatfields Bistro.
Categories: Business
