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Big Lots Unveils New Rewards App to Elevate the Shopping Experience
Prnewswire· 2024-11-08 16:00
COLUMBUS, Ohio, Nov. 8, 2024 /PRNewswire/ -- Big Lots, Inc. (OTC:BIG) today announced the launch of a new Big Lots app is designed to enhance the shopping experience for its valued customers. The app is available for current and new Big Reward members, bringing a host of new features and benefits for its loyal customers. It is the latest step in delivering on its promise to be the leader in extreme value. The enhanced Big Lots app offers in-store rewards access, a personalized dashboard for tracking earning ...
Big Lots Honors Veterans and Active Military with November Discounts and Charitable Partnerships
Prnewswire· 2024-11-04 18:15
In collaboration with Stop Soldier Suicide and Children of Fallen Patriots, Big Lots launches donation campaign and offers special in-store discounts to support military familiesCOLUMBUS, Ohio, Nov. 4, 2024 /PRNewswire/ -- Big Lots (OTC: BIG) will honor veterans and active military members throughout November with exclusive discounts, recognition of veteran associates and partnerships with national nonprofits dedicated to supporting military families. In partnership with Stop Soldier Suicide and Children of ...
Big Lots Unveils Holiday Shop and Launches "Falloweenmas" One-Day Event on November 1
Prnewswire· 2024-10-31 19:02
November 1 Falloweenmas Events offers additional savings on top of bargain pricing for seasonal fall, Halloween, and Christmas items Every Friday is Black Friday now at Big Lots through December 6  COLUMBUS, Ohio, Oct. 31, 2024 /PRNewswire/ -- Big Lots (OTC: BIG) announces the opening of its Holiday Shop with a special one-day sale event, "Falloweenmas," taking place on Friday, November 1. This unique event offers a mash up of incredible deals on seasonal items across fall, Halloween, and Christmas holiday ...
Ollie's Bargain Outlet Acquires Additional Former Big Lots Stores
GlobeNewswire News Room· 2024-10-29 11:30
HARRISBURG, Pa., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) today announced that it was the winning bidder in the latest bankruptcy sale process to acquire eight additional former Big Lots store leases. The eight stores were part of a bankruptcy auction for the second wave of Big Lots store closures, which included 170 stores. The acquisition of the eight additional store leases are subject to final bankruptcy court approval and customary closing c ...
Big Lots Supports The Kids Mental Health Foundation with "Kindness Kit Challenge" in observance of World Mental Health Day
Prnewswire· 2024-10-09 16:16
COLUMBUS, Ohio, Oct. 9, 2024 /PRNewswire/ -- Big Lots, Inc. (OTC: BIG) announced today in observance of World Mental Health Day (October 10), a special four-day promotion to assist children in local communities. The Kindness Kits Challenge, part of Big Lots' Kids Mental Health Foundation (KMHF) fall point-of-sale campaign, will dedicate funds raised at the register from October 10-13 to distribute kindness kits to local elementary schools in communities near Big Lots store locations. Beginning in September ...
NEW BIG LOTS 'FALL INTO SAVINGS' DEALS KICK OFF ON OCT. 3
Prnewswire· 2024-10-04 01:04
All outdoor Halloween Decor will be 20% off Oct. 3-6, in stores (with coupon) and online 'Black Friday Fridays' continue at Big Lots with 50% off all fall decorations only on Oct. 4 Fall savings continue with the 'Primetime Cyber Sale,' 20% off home categories Oct. 7-9 COLUMBUS, Ohio, Oct. 3, 2024 /PRNewswire/ -- Big Lots, Inc. (OTC: BIG), today unveiled new "fall Into Savings" deals including special savings on fall and outdoor Halloween decorations, home categories and more, beginning today, Oct. 3. Big L ...
Ollie's Bargain Outlet Acquires Former Big Lots Stores
GlobeNewswire News Room· 2024-10-01 11:30
Core Viewpoint - Ollie's Bargain Outlet Holdings, Inc. has successfully acquired seven former Big Lots store leases as part of a bankruptcy sale process, indicating strategic growth opportunities in the Midwest region [1][2]. Group 1: Acquisition Details - The acquisition includes seven store leases from Big Lots, which were part of a larger bankruptcy auction involving 143 store closures [1]. - Six of the seven stores have received final approval from the United States Bankruptcy Court, while the last store is pending final approval [1]. Group 2: Strategic Implications - The CEO of Ollie's expressed confidence in the acquisition, highlighting that the stores are well-located and suitable for value-oriented customers, which aligns with the company's growth strategy [2]. - The company plans to prioritize the opening of these acquired stores and adjust its existing pipeline to enhance productivity and reduce pre-opening costs [2]. - Ollie's aims to open 50 new stores in fiscal 2024, with adjustments made for the newly acquired locations [2]. Group 3: Company Overview - Ollie's is recognized as America's largest retailer of closeout merchandise, offering significant value on brand-name products across various categories [3]. - The company currently operates 541 stores across 31 states, indicating a robust presence in the retail market [3].
BIG LOTS EXPANDS CREATOR, PUBLISHER PARTNERSHIP OPPORTUNITIES WITH LAUNCH OF AFFILIATE PROGRAM
Prnewswire· 2024-09-26 11:00
Expands opportunities for influential creators and publishers to earn commissions Builds on Big Lots' organic popularity with bargain-savvy influencers Signs new partnership with impact.com to launch and scale program COLUMBUS, Ohio, Sept. 26, 2024 /PRNewswire/ -- Big Lots, Inc. (OTC: BIG), today announced the launch of a new affiliate program, designed to build on its organic and grassroots popularity with bargain-savvy creators and publishers on social media and beyond. The program offers influential part ...
BLACK FRIDAY IS EVERY FRIDAY AT BIG LOTS NOW THROUGH DEC. 6
Prnewswire· 2024-09-13 00:46
Core Points - Big Lots will reintroduce 'Black Friday Fridays' in 2024, offering special one-day deals every Friday with discounts up to 50% off across various product categories from now until December 6 [1][2] - The event will commence on September 13, featuring a one-day 50% discount on all Halloween décor, marking the start of the sales event [1][3] Group 1 - The CEO of Big Lots, Bruce Thorn, emphasized the importance of helping customers manage their budgets by providing early access to significant Black Friday-level deals [3] - Big Lots has acquired overstock from a national party supply retailer, valued at $11 million, which will contribute to the largest Halloween closeout in the company's history, with discounts of 50-70% on new Halloween items [3] - Weekly deals will be announced every Thursday morning, covering various product categories, including holiday gifts and seasonal décor, all available for one day only at up to 50% off [4] Group 2 - On the launch day, September 13, Big Lots Foundation will match in-store donations to The Kids Mental Health Foundation up to $50,000, incentivizing donations with a coupon for $5 off future purchases [5] - Big Lots positions itself as a leading closeout retailer focused on delivering extreme value, with a mission to help customers "Live BIG and Save LOTS" through various sourcing strategies [6]
Big Lots CEO Outlines Key Strategies for the Retailer's Turnaround
PYMNTS.com· 2024-09-12 22:56
Three days after Big Lots announced a Chapter 11 restructuring and acquisition by Nexus Capital Management, Big Lots President and CEO Bruce Thorn offered an overview of the company's performance and strategic direction during the second-quarter earnings call Thursday (Sept. 12). Second-quarter comparable sales fell 14.6% in a "very challenging environment," Thorn explained, "in which our core lower-income customer remains under significant pressure and has limited capacity for higher ticket discretionary p ...