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In December 2024, Variety Wholesalers reached a deal to buy at least 200 stores and two distribution centers from the bankrupt Ohio-based discount store Big Lots and continue to operate them under the Big Lots name. [1] The company is still privately owned by the Pope family, and its current CEO is Art Pope. [2] [3] [4]
Big Lots Stores, Inc. (stylized as Big Lots! ) is an American discount retail chain, specializing in the sale of closeout and overstock merchandise. Founded in 1967 as Consolidated Stores, the chain is headquartered in Columbus, Ohio , and includes over 900 locations across the United States.
A closeout store is a retailer specializing in buying closeout items wholesale from others and selling them at low prices. Big Lots is a well-known closeout retail chain in the United States, but other stores such as TJ Maxx, Ross Dress For Less, Marshalls, and Value City are also common and specialize more in clothing and housewares.
Grocery Outlet Holding Corp. is an American discount closeout retailer consisting exclusively of supermarket locations that offer discounted, overstocked, and closeout products from name-brand and private-label suppliers.
Big Lots offers a 10% discount to all active military, veterans or military family members. ... Check Out: 6 Costco Items Retirees Should Buy When Black Friday Arrives. Big Lots’ Big Rewards ...
Big Lots said Monday that it has filed for Chapter 11 bankruptcy protection from its debts, with the discount retailer citing inflation and high interest rates for hurting its business.
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