Ahead of what could be a vital holiday period for Big Lots after its recent Chapter 11 filing, the off-price retailer has relaunched Black Friday Fridays with one-day bargains on décor, gifts and other merchandise at up to 50% off now through December 6. During the...
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,...
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...
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...
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...
