Biglots

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NYSE: BIG , one of America's largest discount home retailers, announced today that it has closed on a deal to acquire the entire inventory of the award-winning Hearthsong brand of children's toys in a strategic move that further signals the Company's commitment to sourcing the country's most extreme bargains for consumers. Big Lots announced in November that experienced closeout merchant Seth Marks had rejoined the organization as senior vice president of extreme value sourcing, leading a team of buyers to help reclaim the organization's leadership position in off-price and closeout sourcing. Our team's approach to innovative sourcing and the trust of our partners has been a winning combination. Like our price-savvy customers, we're continually on the hunt for new deals and bargains," commented Marks. Selections of Hearthsong toys will be available at Big Lots stores beginning in April to align with the peak of lawn and garden season and continuing throughout early summer. For more information about the company or to find the store nearest you, visit biglots.

Biglots

Forgot password? Don't have an account? Sign Up! Already have an account? Phunware Announces Reverse Stock Split. The acquisition of Hearthsong's inventory by Big Lots represents a strategic expansion of their product offerings, particularly in the children's toys segment. This move is likely to attract a broader customer base, especially families seeking value during key shopping seasons. By integrating over new SKUs into their inventory, Big Lots is positioned to increase foot traffic and potentially boost sales during the spring and summer seasons, which are traditionally strong for outdoor and children's items. From a market research perspective, the timing of this acquisition aligns well with consumer spending patterns, as families prepare for outdoor activities and seek engaging toys for their children during school breaks. The discount pricing strategy could also resonate well in the current economic climate, where consumers are increasingly looking for ways to stretch their budgets. However, it's important to monitor how this expansion into toys, a category with significant competition, will affect Big Lots' overall market positioning and whether it can sustainably differentiate itself from other discount and toy retailers.

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At Big Lots, we strive to offer incredible value to our customers at unbeatable prices every day, and we need the right kind of positive attitude to deliver on this promise. We're committed to staffing our stores, distribution centers, and corporate offices with friendly people who are passionate about building a BIG career. Big Lots is committed to the principle of equal employment opportunities for all employees, as well as providing them with a work environment free of discrimination and harassment. Big Lots will not tolerate discrimination or harassment based on any of these characteristics. Big Lots will consider for employment qualified individuals with criminal histories in a manner consistent with all applicable laws, regulations, and ordinances. All rights reserved. Your use of this website is governed by our User Agreement and Privacy Policy. Keyword or Req.

Biglots

Big Lots Stores, Inc. In , Consolidated Stores Corp. 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. Consolidated Stores Corp. Eventually, all Odd Lots stores were rebranded as Big Lots. Consolidated took possession of approximately DeLorean models, then still at the factory in Northern Ireland, when the U. This unusual excess inventory acquisition is commemorated on the Big Lots website's "Closeout Museum" page. Looking to expand further into the toy business, Consolidated Stores Corp. In , Big Lots Inc.

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