Big Lots Company Description
Big Lots believes that a product's shelf life depends solely on which shelf it's on. The company is the nation's #1 closeout retailer, with some 1,350 Big Lots stores (down from a high of 1,500 in 2005) in 47 states. (More than one-third of its stores are located in California, Florida, Ohio, and Texas.) It sells a variety of brand-name products that have been overproduced or discontinued, typically at 20% to 40% below discounters' prices, as well as private-label items and furniture. Its wholesale division, Big Lots Wholesale, sells its discounted merchandise to a variety of retailers, manufacturers, distributors, and other wholesalers.
View the Comprehensive Company Description for Big Lots
The Company Description provides a historical perspective of Big Lots's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Big Lots's evolution in the marketplace.
