by Mike Duff | May 25, 2022 | Retail Articles
In a promotional initiative designed to position Big Lots as an inflation buster, the retailer is launching television advertising that highlights deep discounts this summer, starting with savings of 25% to 50% on patio furniture and accessories, Broyhill furniture...
by Mike Duff | Mar 3, 2022 | Retail Articles
In a tough fourth quarter, Big Lots missed a Wall Street earnings estimate as supply chain, the COVID-19 Omicron variant and weather pressured financial results, according to the company. Big Lots posted a net income of $49.8 million, or $1.63 per diluted share,...
by Mike Duff | Jan 11, 2022 | Retail Articles
Big Lots, in a statement providing a fourth-quarter outlook, also offered a long-range growth plan that includes the addition of 500 stores and a margin plan that details a significant value-creation opportunity over the coming years. In doing so, Big Lots...
by Mike Duff | Dec 10, 2021 | Retail Articles
In the holiday season, Big Lots is encouraging shoppers to embrace “have-it-all-idays” in advertising starring Molly Shannon and Eric Stonestreet. The new advertising, already begun airing, runs as a series of spots deployed across local and national television,...
by Mike Duff | Dec 3, 2021 | Retail Articles
Macro pressures led to a third-quarter loss for Big Lots, but the company stated that it is well-positioned for the holiday season. The company posted a net loss of $4.3 million, or 14 cents per diluted share, for the quarter versus net income of $29.9 million, or 76...
