by Mike Duff | Aug 12, 2024 | Retail Articles
Big Lots is reemphasizes its closeout product assortment in a series of new value initiatives for its National Bargain Hunting Week promotion, August 12 to 18. Each day during the week, Big Lots will drop a new Bargain of the Day made up of recently sourced closeouts,...
by Mike Duff | Jun 6, 2024 | Retail Articles
Adjusted net losses grew at Big Lots in its first quarter, coming in well short of Wall Street expectations after comparable sales slipped almost 10% in the quarter. Net loss was $205 million, or $6.99 per diluted share, versus $206.1 million, or $7.10 per diluted...
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...
