by Mike Duff | Mar 7, 2024 | Retail Articles
Although Big Lots’ fourth-quarter loss was greater than expected by Wall Street, the retailer’s CEO said it is on track to reinforce its position as a leading discount home store. In the 14-week fourth quarter, Big Lots reported a net loss of $30.7...
by Mike Duff | Nov 30, 2023 | Retail Articles
Big Lots, still trying to build traction on its turnaround, posted a third-quarter comp decline even as earnings and revenue exceeded or met a Wall Street estimate. The company also announced the appointment of former Burlington Stores executive Kristen Cox to senior...
by Mike Duff | Nov 7, 2023 | Retail Articles
With Black Friday weekend approaching, Big Lots plans to make the most of the shopping occasion with stores open from 7 a.m. to 9 p.m. on Thanksgiving Day and 6 a.m. to 11 p.m. on Black Friday, where statues allow. In addition, consumers can shop deals on biglots.com...
by Mike Duff | Oct 9, 2023 | Retail Articles
Preparing for the holidays, Big Lots is creating a Black Friday theme that covers sales until December 22. Each week, it will offer Black Friday-level sales up to 50% off prices across categories with some particular emphasis on home, the company indicated, including...
by Mike Duff | Aug 29, 2023 | Retail Articles
Big Lots did better than analysts anticipated in the second quarter although sales and comparable sales declines were significant. The company posted a net loss of $249.8 million, or $8.56 per diluted share, for the second quarter versus $84.2 million, or $2.91 per...
