Big Lots Left With Big Challenge After Results Show Consumer Squeeze

It's all left Bruce Thorn, President and CEO of Big Lots, with a major challenge as he tries to turn the fortunes of the retailer around. The five key actions from Big Lots as part of its turnaround plan are to: own bargains, to communicate unmistakable value, to increase store relevance, to win customers for life with its omni-channel efforts, and to drive productivity. Big Lots has a big challenge to turn results around. Photographer: Angus Mordant/Bloomberg © 2024 Bloomberg Finance LP Downbeat first quar ...