Big Lots has appointed Jack Pestello as evp/chief merchandising officer of Big Lots, effective July 27. Pestello succeeds Lisa Bachmann who, as previously announced, will be retiring after a transition period.
Pestello will report directly to Bruce Thorn, president and CEO of Big Lots.
Pestello joins Big Lots following seven years in leadership roles at Walmart and with over 25 years of global retail experience spanning merchandising, sourcing, category and brand development. At Walmart, he most recently served as svp/general merchandise manager for Walmart’s grocery business, after having spent five years as svp/private brands. Prior to Walmart, Pestello served in a number of positions in value-oriented and consumer-focused businesses including chief merchandising officer of Woolworths Australia and business development and operations roles at Daymon Worldwide.
“We’re very pleased to welcome Jack to Big Lots and are confident that the strong balance of strategic and executional skills he brings to our team will make an immediate positive impact,” said Thorn. “Jack is a true value retail merchant, with a proven track record in strategic sourcing and implementing merchandising strategies to drive traffic. We look forward to benefiting from his industry expertise and insights as we continue to execute on our strategic initiatives to generate long-term, sustainable growth.”