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August 12, 2024

Big Lots Promotes Closeout Deals During Bargain Hunting Week

Posted In: 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, overstocks and liquidations, among other deals. Product categories featured extend from living room and bedroom furnishings to pet accessories and personal care items, all a 20% to 75% less than other stores, Big Lots reported. Consumers can become among the first to know about each day’s Bargain of the Day via the company’s Big Rewards loyalty program, with free signup at biglots.com/rewards. Big Lots also is spotlighting a new Brag on the Tag filter on Instagram and Facebook that consumers can use to post the bargains they found.

In announcing a new survey of bargain shoppers conducted by Big Lots from July 23 to 24 in partnership with MarketVision Research, the company maintained that 85% of respondents said they bargain shop for the thrill of finding deals, and 62% said they found bargain shopping therapeutic. Some 69% of bargain shoppers said they also bargain shop out of habit. Their top shopped merchandise categories were apparel, at 84%; pantry, at 78%; seasonal, at 78%; home décor at 75%; furniture, at 62%;  and electronics, at 60%.

“National Bargain Hunting Week, like Big Lots, celebrates savvy shoppers and the thrill they feel when finding a great deal,” said Bruce Thorn, Big Lots president and CEO. “It’s the perfect time to seize the savings on sought-after products at below-market prices before they sell through. Just like our bargain-seeking customers, we constantly search for new and exciting bargains, delivering truckloads of new deals to our stores every single week.”

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