Tag Archives: Big Lots

Big Lots Narrows Q3 Loss

Big Lots

COLUMBUS, Ohio-Slimmed-down expenses and a significantly reduced loss from discontinued operations enabled Big Lots to post a third-quarter net loss of $3.4 million, compared to its net loss of $9.5 million in last year’s third quarter. The retailer’s loss from discontinued operations amounted to $326,000, compared to the $7.6 million loss from discontinued operations fromMore »

Last updated: December 5, 2014

Sourcing in São Paulo: The Brazilian Buyer Project


By Allison Zisko Over the course of two days in early May, 51 Brazilian housewares manufacturers descended on a hotel conference room in São Paulo, Brazil, lugging suitcases filled with plastic and glass and metal goods, armed with the optimism of traveling salesmen. They set their sights on 12 international buying companies from seven countries,More »

Last updated: July 1, 2014

Big Lots Q1 Net Plummets on Discontinued Operations

Big Lots

COLUMBUS, Ohio-Reflecting a $25.2 million loss from its discontinued Canadian and wholesale operations, Big Lots posted first-quarter net income of $3.3 million, down 89.6 percent from the first quarter of last year. After announcing in December that it would exit Canada, which it entered in 2011 with its acquisition of Liquidation World, the retailer woundMore »

Last updated: May 30, 2014

Big Lots Q4, FY Net Falls; CFO Johnson Upped to EVP

Big Lots

COLUMBUS, Ohio-Big Lots reported steep declines in net income for its fourth quarter and fiscal year, which ended on Feb. 1. Along with releasing its financial results, the retailer said Timothy Johnson, its senior vice president and chief financial officer has been promoted to executive vice president and chief financial officer. Net income for theMore »

Last updated: March 7, 2014

Withers Named Big Lots GMM for Furniture and Home

Big Lots

COLUMBUS, Ohio-Big Lots has appointed Martha Withers senior vice president and general merchandise manager for furniture and home decor. The move is part of an overall realignment of the retailer’s merchandising organization, which includes the promotion of Trey Johnson to senior vice president and general merchandise manager of food and consumables and the hiring ofMore »

Last updated: December 3, 2013

Big Lots to Close Wholesale Operations

Big Lots

COLUMBUS, Ohio-Big Lots said it plans to close its wholesale, consolidated international and Wisconsin toy operations by the end of this fiscal year. David Campisi, the retailer’s president and CEO, said the decision to shutter these operations was the result of the executive team’s evaluation of all aspects of Big Lots’ business and its effortMore »

Last updated: November 1, 2013

Stein Named Big Lots Chief Customer Officer

Big Lots

COLUMBUS, Ohio-Big Lots has appointed Andrew Stein senior vice president and chief customer officer. In his new role, Stein, oversees all areas of consumer engagement and customer messaging, including marketing, advertising, brand development and merchandise presentation. He also is in charge of furthering Big Lots’ brand recognition through the retailer’s Internet presence, digital marketing andMore »

Last updated: October 21, 2013

Big Lots Net Falls 17.9 Percent in Q2

Big Lots

COLUMBUS, Ohio-A weak sales performance, especially from its U.S. stores, and higher expenses led to a 17.9 percent drop in second-quarter net income for Big Lots. The bottom line in the quarter, which ended on Aug. 3, totaled $18.1 million. Net sales tallied $1.2 billion, 0.6 percent ahead of its second-quarter total from a yearMore »

Last updated: August 30, 2013