Big Lots Today Today we offer an extensive assortment of brand-name items and quality products, including food, furniture, seasonal items, electronics and accessories, home décor, toys, and gifts. Our customers may be on a tight budget, or they may just enjoy our treasure-hunt atmosphere.

“A large percentage of Big Lots' inventory comes from after-season overstock and discontinued products from retailers and manufacturers,” explains Brent Shelton, of deals website FatWallet. Take a look at what to expect -- and how to save even more -- on your first or next visit to 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.

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.

“Our decision to change the names of our stores across the country to Big Lots is about building a national brand,” said Michael J. Potter, chairman and CEO. “By focusing on brand name closeout retailing, we're building on our solid foundation as the leading broadline closeout retailer.”

Our client is so tuned into its target audience that she even has a name, "Jennifer." This value-driven woman likes to share her opinions, takes pride in her home, is a nurturer and likes family time, so the holidays are a big deal.

Big Lots on Friday reported a quarterly loss of $206.1 million. The retailer's net sales fell 18.3% to $1.1 billion compared to $1.38 billion last year. Comp sales were down 18.2% year over year, which the company attributed to the macroeconomic and vendor disruption.

However, Big Lot's financial performance fell in 2022 and 2023 due in part to reduced customer demand for retail goods and supply chain issues limiting the availability of products across all retail sectors, he said.

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.

Big Lots Inc (NYSE:BIG) Institutional investors hold a majority ownership of BIG through the 74.79% of the outstanding shares that they control. This interest is also higher than at almost any other company in the Discount Stores industry.

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.

Jennifer is the name given to the Big Lots shopper collective, and the goal is to provide her with a consistent, pleasing and rewarding experience every time she walks into the store or accesses the website.