by Mike Duff | Mar 2, 2023 | Retail Articles
Despite a drop into losses, Big Lots managed to beat a Wall Street earnings estimate and come out just below a revenue estimate. Net loss in the quarter by Big Lots was $12.5 million, or 43 cents per diluted share, versus net income of $49.8 million, or $1.63 per...
by Mike Duff | Dec 1, 2022 | Retail Articles
Big Lots had a tough third quarter but vows it’s making progress on turning financials around. For the third quarter, Big Lots recorded a net loss of $103 million, or $3.56 per share, versus $4.3 million, or 14 cents per diluted share, in the year-prior period. With...
by Mike Duff | Nov 9, 2022 | Featured News, Retail Articles
Big Lots has announced the appointment of two new executives with Margarita Giannantonio named chief merchandising officer and John Alpaugh chief marketing officer. Giannantonio will shape and lead the company’s merchandising strategy across all product...
by Mike Duff | Nov 8, 2022 | Featured News, Retail Articles
Michelle Gass, Kohl’s Corp. CEO, is stepping down from her post and board of director membership to take a newly created executive position at Levi Strauss & Co. that figures into that organization’s succession plan. Kohl’s board of directors announced that...
by Mike Duff | Sep 19, 2022 | Retail Articles
After a period of revisiting and updating the furniture component of its assortment, Big Lots is forming a partnership with DoorDash to offer customers on-demand delivery across its lineup, including food, consumables, off-price goods and home essentials, from more...
