Big Lots, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Bruce K. Thorn
- Full Time Employees
- 10,000
- Sector
- Consumer Defensive
- Industry
- Discount Stores
- Address
- 4900 East Dublin Granville Road Columbus OH United States of America 43081
- IPO Date
- Jun 20, 1985
- CIK
- 0000768835
- Website
- biglots.com
- Similar Companies
- Business
- Big Lots, Inc. operates as a discount retail chain in the United States, offering a wide assortment of closeout and overstock merchandise. The company’s core product offerings include affordable furniture; home décor; mattresses; everyday essentials for the home; kitchen goods; grocery items; apparel for the entire family; health and beauty products; toys; and seasonal merchandise. Its stores provide a “treasure hunt” shopping experience focusing on value-driven deals with a mix of name brands and private label products, such as the Real Living furniture line. Big Lots operates over 200 stores across various U.S. states, with an emphasis on serving both metropolitan and smaller community markets. The company was founded in 1967 and is headquartered in Columbus, Ohio. In late 2024, Big Lots filed for Chapter 11 bankruptcy and announced plans to liquidate and close many of its stores. However, in a significant strategic development, Big Lots reached a sale agreement with Gordon Brothers Retail Partners, which facilitated the transfer of 200 to 400 stores and some distribution centers to Variety Wholesalers, a private discount retailer with over 400 stores across the Southeast and Mid-Atlantic regions. Under the new ownership of Variety Wholesalers, Big Lots began reopening stores in 2025, with over 219 locations revived by mid-year and plans for further expansion continuing. This transition marks a major operational and strategic shift aimed at preserving the brand and continuing to serve customers with a refreshed product mix and enhanced in-store experiences, including technology upgrades like advanced point-of-sale systems. The revamp includes a renewed focus on apparel, home décor accessories, and everyday value products while maintaining the discount retail format. Big Lots' revitalization under Variety Wholesalers reflects a substantial business turnaround, shifting from liquidation to growth with a commitment to community-focused retail stores across multiple states. The company positions itself as a value retailer with a broad merchandising mix, leveraging its long-standing brand legacy since its founding over five decades ago. This recent acquisition and reopening strategy represent the most significant change in the company’s operations and market presence in its history.
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