Big Lots is a retail company based in America and headquartered in Columbus, Ohio. It currently boasts of more than 1,400 stores.
Its mission statement is “We help people live BIG and save LOTS”. The company aims to make a big difference in people’s lives by delivering unique value that surprises and delights. It has also consistently worked to reward its shareholders with top-tier earnings and continuous growth.
What time does Big Lots open?
Monday | 09:00 AM – 09:00 PM |
Tuesday | 09:00 AM – 09:00 PM |
Wednesday | 09:00 AM – 09:00 PM |
Thursday | 09:00 AM – 09:00 PM |
Friday | 09:00 AM – 09:00 PM |
Saturday | 09:00 AM – 09:00 PM |
Sunday | 09:00 AM – 09:00 PM |
Is Big Lots open today? Is Big Lots open tomorrow?
Is Big Lots open on Sunday? Yes, it is open
Big Lots closing time
What time does Big Lots close? Usually, it closes at 09:00 PM
History
In 1967, Sol Shenk founded Consolidated Stores Corporation in Ohio. The corporation opened its first store in Columbus, Ohio called Odd Lots in 1982. In 1983, the drug store Revco bought Odd Lot Trading Co., a closeout retailer that was based in New Jersey.
Columbus-based Odd Lots owned by Consolidated Stores Corporation soon started to expand. The idea of another closeout retailer operating with a similar name did not sit well with Revco. Consolidated agreed to only use the Odd Lots name within a certain radius in Columbus.
Outside that, Consolidated used Big Lots as the name for its chain of stores. Eventually, the Odd Lots branches took up the Big Lots name as well. Consolidated Stores Corp. then purchased Toy Liquidators in 1994 which added 82 stores to its inventory and allowed it to expand to 38 states.
Growth in the toy industry did not stop there. The company acquired KB Toys which was run by Melville Corporation in 1996 to expand its presence. The stores were, however, sold to private equity shops in 2000.
The company also changed its name to Big Lots, Inc. in 2001. It also changed its ticker symbol to BLI from the previous CNS. In late 2005, it announced that it would close all its 170 stores. The company currently operates an online market that makes it easier for customers to find products and have them delivered to their homes. Big Lots remains to be one of the cheapest stores that offer items and merchandise from big brands.
Big Lots Holiday Hours – Open
Date | Holiday |
---|---|
January 21 | Martin Luther King Jr. Day |
February 14 | Valentine’s Day |
February 18 | President’s Day |
March 5 | Mardi Gras Fat Tuesday |
March 17 | St. Patrick’s Day |
April 19 | Good Friday |
April 22 | Easter Monday |
May 5 | Cinco de Mayo |
May 27 | Memorial Day |
July 04 | Independence Day |
September 02 | Labor Day |
June 16 | Father’s Day |
May 12 | Mother’s Day |
October 14 | Columbus Day |
October 31 | Halloween |
November 11 | Veterans Day |
November 28 | Thanksgiving Day |
November 29 | Black Friday |
December 24 | Christmas Eve |
December 26 | Day after Christmas |
December 31 | New Year’s Eve |
January 01 | New Year’s Day |
Big Lots Holiday Hours – Closed
Date | Holiday |
---|---|
April 21 | Easter Sunday |
December 25 | Christmas Day |
Big Lots near me
Big Lots store locator
Business Directions
Big Lots offers seasonal items such as outdoor and indoor décor, fairy garden, patio furniture, and outdoor lighting; household items such as curtains, hardware, kitchen utilities, beddings, and rugs; furniture such as TV stands, collectibles, storage furniture, and futons; electronics such as Bluetooth speakers, chargers, power cords, office electronics, light bulbs, and hardware; outdoor items such as pools, camping accessories, grills and other items including toys and food.
Key Facts
Big Lots operated its wholesale division for more than 34 years before closing it in 2013. It provided merchandise and items in bulk. The company also bought a Canadian closeout retailer called Liquidation World Inc. that had 89 locations. This marked its first venture outside the USA.
Conclusion
Big Lots is known for providing customers with a lot more for a lot less. This includes every-day items, toys, furniture, and many more exciting products. Customers are able to get themselves anything and everything without hurting their pockets.
FAQ
What was Big Lots called before?
The Consolidated Stores Corporation, a chain of closeout stores, has changed its name to Big Lots to take advantage of its best-known brand. The company said it would also change the names of its Odd Lots, Mac Frugal’s and Pic ‘N’ Save stores to Big Lots in the next two years. The company is based in Columbus, Ohio.
Who is Big Lots biggest competitor?
Big Lots’ main competitors include Wal-Mart, Target, Costco, Dollar General, Dollar Tree and Ollie’s Bargain Outlet.
Who did Big Lots buyout?
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.
Can you stack coupons at Big Lots?
Can I stack my offers? Yes, you can! Except when you can’t. BIG Rewards members can stack their earned rewards with other Rewards and most other coupons/offers.
Where does Big Lots get their merchandise?
“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.
Who owns Big Lots now?
In 1967, Sol Shenk founded Consolidated International, Inc. – the company that is now Big Lots. He’s considered one of the true visionaries in the discount retail marketplace.
What other stores are like Big Lots?
13 Stores Like Big Lots In 2022
- Walmart. Walmart is a multinational retail store with a wide variety of product offerings under different categories.
- Target.
- Home Depot.
- IKEA.
- Kmart.
- World Market.
- Sears.
- Value City Furniture.
Why is Big Lots successful?
Big Lots has access to advanced analytics, KPIs and reporting which has led to developments such as lost sales analysis, helping the retailer better plan for the next season.
How many employees does Big Lots have?
In 2019, Big Lots registered approximately 37,000 active employees in the United States, of which 10,800 were employed full-time and 26,200 part-time. Compared to a year earlier, the company increased its full-time employees by 300 people. As of January 2021, the company operated over 1,400 stores across the country.
Is Big Lots in financial trouble?
Based on the latest financial disclosure, Big Lots has a Probability Of Bankruptcy of 18.0%. This is 50.25% lower than that of the Consumer Defensive sector and 13.13% lower than that of the Discount Stores industry. The probability of bankruptcy for all United States stocks is 54.81% higher than that of the company.
Did Big Lots buy Broyhill furniture?
COLUMBUS, Ohio — Top 100 discount retailer Big Lots has acquired the rights to the Broyhill name and its related trademarks after being the runner-up bidder on Broyhill and other assets of the bankrupt Heritage Home Group this past fall.
Can you return furniture at Big Lots?
If you need to return an item that you purchased in store and it has been assembled, you can simply return it into any Big Lots store. Some assembled items do not require their original packaging but must have a proof of purchase to return them.
What does Big Lots give you for your birthday?
$5 Reward every 3 purchases. Furniture Bonus. Exclusive Coupons & VIP Shopping Days. A Birthday Surprise!
How long will Big Lots hold furniture?
We will hold that price until the item is either re-stocked and delivered to the store, or you have paid the proper amount in order to purchase it. Once you are within two weeks of paying off the Price Hold, we will have you contact the store to verify that the merchandise will be available when you plan to pick it up.
Do you need a membership for Big Lots?
Big Lots customers do not require membership to shop at the store, but require membership to Big Rewards to enjoy the benefits of the reward and loyalty program.
How big is the average Big Lots?
At an average of 25,000 square feet, Big Lots stores are a little smaller than a typical supermarket.
How many locations does Big Lots have?
1440 Big Lots Locations.
Why do they call it 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 would you describe Big Lots?
Headquartered in Columbus, Ohio, Big Lots, Inc. is a community retailer operating more than 1,400 Big Lots stores in 47 states, dedicated to friendly service, trustworthy value, and affordable solutions in every season and category – furniture, food, décor, and more.
Is Big Lots like Walmart?
Big Lots’s competitors. Big Lots’s top competitors 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.