COLUMBUS, Ohio (WJW) -- Big Lots is now planning going-out-of-business sales at all locations, to preserve the company's value while it works through bankruptcy proceedings, executives announced on Thursday. The Ohio-based retailer filed for Chapter 11 bankruptcy protection this year. Though it had previously announced an asset sale to a capital management firm to keep from going under, that deal has since fallen through, according to a news release. Can you fly with pot? Here’s what the TSA says The retailer is still working to sell the Big Lots brand and keep some of its remaining stores operating under new ownership -- what's called a "going concern" sale -- and hope to complete that sale by the end of January 2025. “We all have worked extremely hard and have taken every step to complete a going concern sale. While we remain hopeful that we can close an alternative going concern transaction, in order to protect the value of the Big Lots estate, we have made the difficult decision to begin the [going-out-of-business] process," President and CEO Bruce Thorn is quoted in the release. Mega Millions ticket in Ohio wins quadrupled prize! Big Lots has more than 100 locations remaining in Ohio, Nexstar has reported. Locations set to close this year are in: Aurora Blue Ash Cincinnati Dayton Defiance Newark Saint Marys Sandusky Toledo West Chester There are more than two dozen remaining stores in Northeast Ohio, which will soon be selling off stock, likely at a deep discount. Find your local Big Lots on the retailer's website.