Big Lots searches for new head merchant
COLUMBUS, Ohio — Big Lots EVP and CMO John C. Martin has announced his plans to retire. He will remain with the company until his successor is appointed, and has committed to provide guidance to his successor and the company through May 2014.
Big Lots has retained SpencerStuart to conduct a search of external potential candidates.
"On behalf of the board of directors and our nearly 40,000 associates across the country, I would like to thank John for his dedication and unwavering support of Big Lots throughout the last 10 years,” said Philip E. Mallott, chairman of the board. “He has been a highly valued member of our executive team in a number of different roles including merchandising, marketing, store operations and human resources. The knowledge transfer of his deep understanding of our business and the closeout industry has proven to be very valuable to David Campisi, our new CEO, and John's role in on-boarding a new chief merchant should also provide for the best possible leadership transition during this critical time in our company's evolution."
"John has been incredibly helpful and valuable to me throughout my first two months with the company,” added Campisi. “He's the consummate retail professional and I appreciate his insights on merchandising strategy and execution. Additionally, he and I together are working