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Big Lots (BIG) Leverages Asian Buying Offices to Boost Sourcing
BIGBig Lots(BIG) Zacks Investment Research·2024-04-03 15:11

Big Lots, Inc. (BIG) , renowned for its discount home products, has unveiled a strategic move aimed at bolstering its global product sourcing capabilities. The company has inaugurated international buying offices in Shanghai, China and Ho Chi Minh City, Vietnam, signaling a significant shift in its procurement strategy.This initiative marks a pivotal moment for Big Lots as it transitions from relying on third-party agents to establishing its sourcing team in Asia. The move is anticipated to deliver operatio ...