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...
by Mike Duff | Jul 5, 2023 | Retail Articles
Big Lots has entered into a sale and leaseback agreement with affiliates of Blue Owl Capital covering the company’s distribution center in Apple Valley, CA, and 26 owned store locations in a deal expected to raise a net $310 million for the retailer. The company...
by Mike Duff | May 26, 2023 | Retail Articles
Big Lots reported lower sales and extended losses on a year-over-year basis in its first quarter. Net loss was $206.1 million, or $7.10 per diluted share, versus a net loss of $11.1 million, or 39 cents per diluted share, in the year-previous quarter, the company...
by Chandler Harvey | Apr 27, 2023 | Retail Articles
Big Lots announced it will accept expired Bed Bath & Beyond coupons presented at any Big Lots store through May 7, 2023. Shoppers presenting any Bed Bath & Beyond coupon will receive 20% off their entire purchases of $50 or more. The Big Lots program follows...
