Big Lots(BIG)

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NEW BIG LOTS 'FALL INTO SAVINGS' DEALS KICK OFF ON OCT. 3
Prnewswire· 2024-10-04 01:04
All outdoor Halloween Decor will be 20% off Oct. 3-6, in stores (with coupon) and online 'Black Friday Fridays' continue at Big Lots with 50% off all fall decorations only on Oct. 4 Fall savings continue with the 'Primetime Cyber Sale,' 20% off home categories Oct. 7-9 COLUMBUS, Ohio, Oct. 3, 2024 /PRNewswire/ -- Big Lots, Inc. (OTC: BIG), today unveiled new "fall Into Savings" deals including special savings on fall and outdoor Halloween decorations, home categories and more, beginning today, Oct. 3. Big L ...
Ollie's Bargain Outlet Acquires Former Big Lots Stores
GlobeNewswire News Room· 2024-10-01 11:30
HARRISBURG, Pa., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the "Company") today announced that it was the winning bidder in a bankruptcy sale process to acquire seven former Big Lots, Inc. ("Big Lots") store leases. The seven stores were part of a bankruptcy auction for the first wave of Big Lots store closures, which included 143 stores. Six of the seven stores have already completed the sale hearing process and received final approval from the United States Ba ...
BIG LOTS EXPANDS CREATOR, PUBLISHER PARTNERSHIP OPPORTUNITIES WITH LAUNCH OF AFFILIATE PROGRAM
Prnewswire· 2024-09-26 11:00
Expands opportunities for influential creators and publishers to earn commissions Builds on Big Lots' organic popularity with bargain-savvy influencers Signs new partnership with impact.com to launch and scale program COLUMBUS, Ohio, Sept. 26, 2024 /PRNewswire/ -- Big Lots, Inc. (OTC: BIG), today announced the launch of a new affiliate program, designed to build on its organic and grassroots popularity with bargain-savvy creators and publishers on social media and beyond. The program offers influential part ...
BLACK FRIDAY IS EVERY FRIDAY AT BIG LOTS NOW THROUGH DEC. 6
Prnewswire· 2024-09-13 00:46
Popular Black Friday event will return for 2024 with special one-day deals every Friday Offers up to 50% off on single items or collections across product categories Black Fridays at Big Lots kick off this Friday the 13th with 50% off all Halloween decor COLUMBUS, Ohio, Sept. 12, 2024 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG), today announced that 'Black Friday Fridays' will return this year, with every Friday being a Black Friday-level sales event, including special one-day deals on décor, gifts and more ...
Big Lots CEO Outlines Key Strategies for the Retailer's Turnaround
PYMNTS.com· 2024-09-12 22:56
Three days after Big Lots announced a Chapter 11 restructuring and acquisition by Nexus Capital Management, Big Lots President and CEO Bruce Thorn offered an overview of the company's performance and strategic direction during the second-quarter earnings call Thursday (Sept. 12). Second-quarter comparable sales fell 14.6% in a "very challenging environment," Thorn explained, "in which our core lower-income customer remains under significant pressure and has limited capacity for higher ticket discretionary p ...
Big Lots(BIG) - 2025 Q2 - Quarterly Report
2024-09-12 20:48
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 3, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number 001-08897 BIG LOTS, INC. (Exact name of registrant as specified in its charter) Ohio 06-1119097 (State ...
What Went Wrong at Big Lots?
The Motley Fool· 2024-09-11 16:52
And CEO Tom Shea from the newly public OneStream joins us to talk about what the company can do for customers. In this podcast, Motley Fool analyst Jason Moser and host Dylan Lewis discuss: Apple's "Glowtime" product event, what to expect for the iPhone line and the company's AI ambitions. (Note: We recorded this before the event. How good were our predictions?) The latest antitrust case against Google and why Meta and Apple should probably be paying attention. Big Lots' bankruptcy filing and why the discou ...
Bankruptcy Filing Highlights Deep-Rooted Issues in Big Lots' Business Model
PYMNTS.com· 2024-09-09 21:12
As Big Lots embarks on a Chapter 11 restructuring and prepares for acquisition by Nexus Capital Management, retail analysts are evaluating the company's future amid a challenging market. They note this bankruptcy filing not only signals deep-rooted issues in Big Lots' business model, but also underscores the economic pressures confronting it. In an interview with PYMNTS, Sudip Mazumder, SVP, retail industry lead, North America at digital consultancy Publicis Sapient, said Big Lots, the "once stalwart" compa ...
Big Lots files for bankruptcy, will sell assets to buyout firm as it blames high inflation
New York Post· 2024-09-09 15:23
Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection, as it contends with a pullback in consumer spending and soft sales. The Columbus, Ohio-based company plans to sell its assets and ongoing business operations to private equity firm Nexus Capital Management. Big Lots, which sells furniture, home decor and other items, said in a statement on Monday that high inflation and interest rates have hurt its business as consumers have pulled back on their home and seasonal product purchases, t ...
Big Lots files for bankruptcy, sells to PE firm as it promises to keep offering 'extreme bargains'
CNBC· 2024-09-09 14:06
A Big Lots store in Los Angeles, California, US, on Saturday, Sept. 7, 2024. Discount home goods retailer Big Lots Inc. is preparing to file for bankruptcy as soon as Sunday, and plans to sell its chain of stores via a courtsupervised process, according to people familiar with the plans. Discount home goods retailer Big Lots filed for bankruptcy on Monday after high interest rates and a sluggish housing market slowed demand for its low-priced furniture and decor. As part of its filing, Big Lots has agreed t ...