Big Lots Franchise, founded in the year 1957 by its owner Sol A. Shenk, offers retail products and operations ranging from clothing, furniture, food and beverage, house wares, small electronics all under varying brands. With David J. Campisi as its CEO and chairman Big Lots is a strong brand name that has stood the test of time and weathered the storms of the corporate business world, emerging strong and better.
Full Answer
How many Big Lots are in the US?
Big Lots, Inc. (stylized as Big Lots!) is an American retail company headquartered in Columbus, Ohio with over 1,400 stores in 47 states. [4] The Big Lots chain traces its history back to 1967 when Consolidated Stores Corporation was formed in Ohio by Sol Shenk.
Is big Lots the same as Odd Lots?
Consolidated Stores Corp. agreed to limit their use of the Odd Lots name to stores located within a certain radius of Columbus. Beyond the radius, Consolidated began opening stores under the Big & Small Lots name. Eventually, all Odd Lots stores were rebranded as Big Lots.
Is there a big lots in North Carolina?
A Big Lots store in Raleigh, North Carolina, in a former Walmart. Big Lots, Inc. is an American retail company headquartered in Columbus, Ohio with over 1,400 stores in 47 states. The Big Lots chain traces its history back to 1967 when Consolidated Stores Corporation was formed in Ohio by Sol Shenk.
What does Big Lots do for the community?
Big Lots. Big Lots!, Inc. is an American retail company headquartered in Columbus, Ohio with over 1,400 stores in 47 states. Big Lots supports the communities it serves through the Big Lots Foundation, a charitable organization focused on four areas of need: hunger, housing, healthcare, and education.
What company owns Big Lots?
Consolidated International, Inc.In 1967, Sol Shenk founded Consolidated International, Inc. - the company that is now Big Lots.
Does Big Lots have its own brand?
Get familiar with our favorite Big Lots bed and bath brands; Aprima for luxury home linens, Living Colors for fashion and affordability, and Just Home for great value. When it comes to top notch quality in home goods, start with Aprima.
Is Big Lots a distributor?
The Big Lots distribution system is designed to get great deals into shopping carts faster. Our five major distribution centers have nearly nine-million square feet of space and use highly automated systems to receive, prepare, load, and ship merchandise.
Where does Big Lots get its merchandise?
Big Lots, which operates more than 1,400 stores nationwide, specializes in cutting deals on closeouts and overstocks from other retailers. Big Lots buys it on the cheap and sells it that way.
Is Big Lots similar to Walmart?
Big Lots's competitors and similar companies include Dollar General, Target, Walmart, Costco and Burlington Stores. Big Lots is a non-traditional, discount retailer. Dollar General is a discount retailer selling products from various brands. Target is a general merchandise retailer.
Why Big Lots called Big Lots?
Consolidated Stores Corp. agreed to limit their use of the Odd Lots name to stores located within a certain radius of Columbus. Beyond the radius, Consolidated began opening stores under the Big & Small Lots name. Eventually, all Odd Lots stores were rebranded as Big Lots.
How much does Big Lots pay hourly?
Hourly pay at Big Lots Stores, Inc. ranges from an average of $9.28 to $18.04 an hour. Big Lots Stores, Inc. employees with the job title Retail Store Assistant Manager make the most with an average hourly rate of $17.69, while employees with the title Stocker make the least with an average hourly rate of $10.17.
Is Big Lots a wholesaler?
The electronics, toys, and accessories category include electronics, jewelry, hosiery, and toys departments. Big Lots operated a wholesale division which provided merchandise in bulk for resale from a variety of categories.
What states have no Big Lots?
States And Territories without any Big Lots retail storesPuerto Rico.Hawaii.Alaska.District of Columbia.American Samoa.Guam.U.S. Virgin Islands.Northern Mariana Islands.
Why is Big Lots furniture so cheap?
Big Lots can offer incredible prices because if another company buys too much of an item, then Big Lots will purchase the extra quantities at a lower price and then pass the savings on to you.
What type of retailer is Big Lots?
home discount retailerBig Lots, Inc. is a home discount retailer in the United States. The Company operates a total of approximately 1,432 stores and an e-commerce platform. Its merchandise categories include Food, Consumables, Soft Home, Hard Home, Furniture, Seasonal, and Apparel, Electronics, & Other.
Does Big Lots accept manufacturer's coupons?
Big Lots does not accept manufacturer coupons or discounts unless they have been approved by our Big Lots corporate office for in-store and online purchases. Does biglots.com have the same items as stores? Most of the products available for purchase on biglots.com are also available in stores.
Did Big Lots buy Pick n Save?
Pic 'N' Save Corporation (later MacFrugals) was at one time the second-largest closeout retail chain in the United States....Pic 'N' Save.IndustryRetailDefunct2002, revived as a bargains store in November 2020FateAcquired by Big LotsHeadquartersCulver City, California, United StatesKey peopleWilliam Zimmerman4 more rows
How much does Big Lots pay?
Average Big Lots hourly pay ranges from approximately $8.82 per hour for Team Member to $26.50 per hour for Merchandise Coordinator. Salary information comes from 5,362 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.
What happened to odd lots?
Sol Shenk founded the company in 1967 that is now Big Lots. In 1970 the company began operating as Consolidated International. In 1983, drug store chain Revco bought New Jersey closeout retailer Odd Lot Trading Co.
Who is the CEO of Big Lots?
Bruce K. Thorn (Aug 28, 2018–)Big Lots / CEO
Where is Big Lots located?
Big Lots, Inc. (stylized as Big Lots!) is an American retail company headquartered in Columbus, Ohio with over 1,400 stores in 47 states.
When did Big Lots start?
History. The Big Lots chain traces its history back to 1967 when Consolidated Stores Corporation was formed in Ohio by Sol Shenk. In 1982, Consolidated Stores Corp. opened its first closeout store, called Odd Lots, in Columbus, Ohio.
When did Consolidated Stores buy KB toys?
Looking to expand further into the toy business, Consolidated Stores Corp. purchased KB Toys from Melville Corporation in 1996; ironically, shortly afterward Melville purchased Revco and folded it into the CVS Pharmacy chain on its way to eventually becoming CVS Health, making the "Odd Lots" dispute moot.
When did Big Lots change their ticker symbol?
On August 3, 2006, Big Lots announced that it would change its New York Stock Exchange ticker symbol from BLI to BIG, beginning with trading activity on August 18, 2006.
When did Big Lots buy Liquidation World?
On July 19, 2011, Big Lots announced that it had purchased Liquidation World Inc., a Canadian closeout retailer with 89 locations. The cost of the acquisition was $20 million in cash and the assumption of certain liabilities. This represents Big Lots first retail venture outside of the US.
Who bought Odd Lot Trading Co?
In 1983, drug store chain Revco bought New Jersey closeout retailer Odd Lot Trading Co. As Consolidated's Odd Lots stores expanded from Columbus, Revco took issue with the fact that another closeout retailer was operating a chain with national aspirations that had a similar name as the Revco -owned subsidiary.
Is Big Lots a wholesale company?
Big Lots operated a wholesale division which provided merchandise in bulk. Big Lots closed its wholesale division at the end of the 2013 fiscal year. The Columbus-based closeout retailer had conducted wholesale operations through Big Lots Wholesale, Consolidated International and Wisconsin Toy for more than 34 years.
Overview
Big Lots Stores, Inc. (stylized as Big Lots!) is an American retail company headquartered in Columbus, Ohio with over 1,400 stores in 47 states.
History
The Big Lots chain traces its history back to 1967 when Consolidated Stores Corporation was formed in Ohio by Sol Shenk. In 1982, Consolidated Stores Corp. opened its first closeout store, called Odd Lots, in Columbus, Ohio. In 1983, drug store chain Revco bought New Jersey closeout retailer Odd Lot Trading Co. As Consolidated's Odd Lots stores expanded from Columbus, Revco took issue with the fact that another closeout retailer was operating a chain with national aspira…
Big Lots Wholesale
Big Lots operated a wholesale division which provided merchandise in bulk. Big Lots closed its wholesale division at the end of the 2013 fiscal year. The Columbus-based closeout retailer had conducted wholesale operations through Big Lots Wholesale, Consolidated International and Wisconsin Toy for more than 34 years.
Big Lots Canada
On July 19, 2011, Big Lots announced that it had purchased Liquidation World Inc., a Canadian closeout retailer with 89 locations. The cost of the acquisition was $20 million in cash and the assumption of certain liabilities. This represents Big Lots first retail venture outside of the US. The first Big Lots location in Canada opened in April 2013 in Orillia, Ontario, followed by Burlington, Niagara Falls, St. Catharines, and Thunder Bay (all in Ontario as well). Big Lots exited the Canadia…
See also
• List of S&P 400 companies
External links
• Business data for Big Lots:
• Media related to Big Lots at Wikimedia Commons
• Official website
• Big Lots SEC Filings