As it upgrades warehouse and logistical capabilities, Big Lots has completed the sale of its distribution center in Rancho Cucamonga, CA.
Big Lots has appointed Andrej Mueller as evp/business strategy. Mueller has more than 15 years of experience in the consumer industry.
Big Lots beat a Wall Street estimate even as second quarter earnings slipped year over year amid a strategic repositioning that includes store changes and while enduring tariff effects.
Big Lots has appointed Jonathan Ramsden evp/chief financial and administrative officer, effective August 5.
Big Lots beat a Wall Street earnings per share estimate as the off-price retailer progressed in its first quarter.
Despite a modest decline in sales for the fourth quarter, Big Lots reported gains in comparable store sales and net income for the three month period ended February 2.
It was a mixed third quarter performance for Big Lots, as the off-price retailer reported a net loss although comparable store sales were up.
Second quarter sales at Big Lots were up slightly but the off-price retailer’s net income was down year-over-year.
Big Lots has appointed Bruce Thorn president and CEO of the company.
Big Lots has appointed two new directors to its board of directors after the retirement of two members.
The first quarter proved challenging for Big Lots, with comps down after weather influenced a slow start to the period.
Big Lots is looking for a new chief executive as David Campisi has announced his retirement. Campisi, who held the titles of president/CEO, has been on a medical leave of absence since December of 2017.
Fourth quarter financial results for Big Lots were a mixed bag as overall sales grew but comparable store sales were off slightly.
Big Lots has appointed Stephen Haffer as svp/chief customer officer.
Big Lots president and CEO David Campisi has taken a medical leave after he was hospitalized on December 1 after an undisclosed health issue. A company press release noted that Campisi as of Monday, December 4, was recuperating at home.
Third quarter sales at Big Lots held steady as the retailer reported a slight increase in comparable store sales and solid growth in net income.
Big Lots produced a positive second quarter, showing a gain in comps, net sales and net income.
Big Lots’ first quarter was a mixed bag as the retailer reported an increase in net income but lower than expected comparable store sales for the period ended April 29.
Fourth quarter comparable store sales at Big Lots were flat as total company sales were down slightly for the period ended January 28.
Despite flat sales, Big Lots topped its third quarter profit outlook.