NORTHAMPTON — The city’s Big Lots location will be closing at a date yet to be determined as the retail chain plans to shut down dozens of its locations across the country.

A large “CLOSING” banner hung over the Northampton store’s entrance while posters pasted on store windows emphasized clearance sales, with another sign informing customers of the next closest open location in Springfield. An employee of the store said they had not yet heard when the final day of operation for the store would be, but declined to comment further, saying that any inquiries would have to be made through corporate channels.

Big Lots, headquartered in Columbus, Ohio and a publicly listed company on the New York Stock Exchange, said in its recently quarterly report to the Securities and Exchange Commission that it experienced a net loss of $205 million for the quarter, and that the company had also lost money over the previous two years, raising the possibility of declaring bankruptcy. It also stated that it expected to open three stores and close 35 to 40 of its locations nationwide.

“Due to ongoing negative macroeconomic factors and their uncertain impacts on the Company’s business, results of operations, and cash flows, the Company expects to experience further operating losses,” the report states. “The company is also seeking to further monetize assets, such as its remaining owned real estate property, through outright sale or sale and leaseback opportunities.”

Inside the Northampton store, off King Street next to the city’s Walmart, discounts were posted across aisles as part of a clearance sale, with food preparation and pet supplies discounted 10%, while accent furniture and lawn and garden sections posted 20% discounts. Business appeared brisk as customers looked to take advantage of the deals before the store closes for good.

“I didn’t know they were closing until I pulled up to the store today,” said Kara Gebo, an Easthampton resident who said she was a rewards member of the chain. “I’m pretty bummed I’m going to have to go to Springfield now to get those rewards.”

Anna Harlow, a Greenfield resident, said she often stops by the store after driving to Northampton to drop an acquaintance off at work.

“It’s always a unique place to go — they have a little bit of everything and the prices are good,” Harlow said. “It’s sad to see it go, and I feel bad for the staff here.”

In addition to the Northampton location, another store in Massachusetts, in Dennis Port on Cape Cod, has also announced its intention to close. Following the closures, 21 stores will remain in the state, with western Massachusetts locations in Pittsfield, Springfield and West Springfield.

Alexander MacDougall can be reached at amacdougall@gazettenet.com.