Big Lots will open a new location Thursday at 4613 Dixie Highway in Fairfield Crossings.

The new 22,000-square-foot store replaces a store at 2250 Dixie Highway in Hamilton, according to spokeswoman Toni Fink.

As part of a grand opening celebration, Big Lots will make a $2,500 donation to the Fairfield Freshman School during a ribbon-cutting ceremony at 9 a.m. Nov. 16.

Big Lots, the nation’s largest broadline closeout retailer, stocks its stores with merchandise that typically sells for 20 to 40 percent less than discount stores and up to 70 percent below traditional retailers, according to the company. The company offers consumers a wide range of bargain-priced merchandise, including brand-name closeouts, seasonal products, consumables, furniture, electronics, housewares, toys and gifts.

Headquartered in Columbus, Big Lots is a Fortune 500 company with more than 1,450 stores in 48 states and more than 80 Liquidation World and LW stores in Canada.