Content about Big Lots

August 31, 2014

Improved merchandising strategies and marketing execution at Big Lots has president and CEO David Campisi feeling good about prospects for a company that continues to distance itself from its closeout roots.

Improved merchandising strategies and marketing execution at Big Lots has president and CEO David Campisi feeling good about prospects for a company that continues to distance itself from its closeout roots.

August 31, 2014

Improved merchandising strategies and marketing execution at Big Lots has president and CEO David Campisi feeling good about prospects for a company that continues to distance itself from its closeout roots.

Improved merchandising strategies and marketing execution at Big Lots has president and CEO David Campisi feeling good about prospects for a company that continues to distance itself from its closeout roots.

June 26, 2014

David Campisi joined Big Lots a little more than a year ago as president and CEO and with sales and profits gathering momentum the nation’s leading off-price retailer has decided to begin paying a hefty dividend.

David Campisi joined Big Lots a little more than a year ago as president and CEO and with sales and profits gathering momentum the nation’s leading off-price retailer has decided to begin paying a hefty dividend.

The operator of roughly 1,500 stores nationwide said it would begin paying a quarterly dividend of 17 cents a share as part of a more balanced approach to returning cash to shareholders and as a reflection of confidence in the company’s strategy and favorable long-term prospects.

June 26, 2014

David Campisi joined Big Lots a little more than a year ago as president and CEO and with sales and profits gathering momentum the nation’s leading off-price retailer has decided to begin paying a hefty dividend.

David Campisi joined Big Lots a little more than a year ago as president and CEO and with sales and profits gathering momentum the nation’s leading off-price retailer has decided to begin paying a hefty dividend.

The operator of roughly 1,500 stores nationwide said it would begin paying a quarterly dividend of 17 cents a share as part of a more balanced approach to returning cash to shareholders and as a reflection of confidence in the company’s strategy and favorable long-term prospects.

May 30, 2014

Exiting Canada may have taken a bite out of Big Lots’ profits in the first quarter, but the company still saw net and comparable-store sales increase.

Exiting Canada may have taken a bite out of Big Lots’ profits in the first quarter, but the company still saw net and comparable-store sales increase.

Net sales for the quarter increased 1.1% to $1.28 billion, compared to net sales from continuing U.S. operations of $1.26 billion for the same period last year. Comparable-store sales for stores open at least 15 months increased 0.9% for the quarter.

May 30, 2014

Exiting Canada may have taken a bite out of Big Lots’ profits in the first quarter, but the company still saw net and comparable-store sales increase.

Exiting Canada may have taken a bite out of Big Lots’ profits in the first quarter, but the company still saw net and comparable-store sales increase.

Net sales for the quarter increased 1.1% to $1.28 billion, compared to net sales from continuing U.S. operations of $1.26 billion for the same period last year. Comparable-store sales for stores open at least 15 months increased 0.9% for the quarter.

March 7, 2014

Big Lots has elevated CFO Timothy A. Johnson’s to EVP, CFO. Johnson has served as financial chief since 2012 with primary responsibility for all financial disciplines within the company including financial reporting and controls, treasury, risk management, tax, internal audit, financial planning and analysis and investor relations.

Big Lots has elevated CFO Timothy A. Johnson’s to EVP, CFO. Johnson has served as financial chief since 2012 with primary responsibility for all financial disciplines within the company including financial reporting and controls, treasury, risk management, tax, internal audit, financial planning and analysis and investor relations.

December 6, 2013

Eight months into his role as CEO and with a new merchandising organization in place, David Campisi is following a familiar blueprint to reinvigorate the performance of Big Lots — making hard choices to streamline operations, implementing new merchandising strategies and lowering near-term expectations.

Eight months into his role as CEO and with a new merchandising organization in place, David Campisi is following a familiar blueprint to reinvigorate the performance of Big Lots — making hard choices to streamline operations, implementing new merchandising strategies and lowering near-term expectations.

December 6, 2013

Eight months into his role as CEO and with a new merchandising organization in place, David Campisi is following a familiar blueprint to reinvigorate the performance of Big Lots — making hard choices to streamline operations, implementing new merchandising strategies and lowering near-term expectations.

Eight months into his role as CEO and with a new merchandising organization in place, David Campisi is following a familiar blueprint to reinvigorate the performance of Big Lots — making hard choices to streamline operations, implementing new merchandising strategies and lowering near-term expectations.

December 2, 2013

Big Lots has added three general merchandise managers as the company continues realigning the merchandising organization into three customer-centric categories: food and consumables, furniture and home décor and seasonal, toys and electronics.

Big Lots has added three general merchandise managers as the company continues realigning the merchandising organization into three customer-centric categories: food and consumables, furniture and home décor and seasonal, toys and electronics.

December 2, 2013

Big Lots has added three general merchandise managers as the company continues realigning the merchandising organization into three customer-centric categories: food and consumables, furniture and home décor and seasonal, toys and electronics.

Big Lots has added three general merchandise managers as the company continues realigning the merchandising organization into three customer-centric categories: food and consumables, furniture and home décor and seasonal, toys and electronics.

November 25, 2013

Big Lots has appointed former Kitchen Collection executive Richard Chene as EVP, chief merchandising officer. Chene will oversee all merchandising and global sourcing strategies and execution, including the development and attraction of talent for the organization.

Big Lots has appointed former Kitchen Collection executive Richard Chene as EVP, chief merchandising officer. Chene will oversee all merchandising and global sourcing strategies and execution, including the development and attraction of talent for the organization.

November 1, 2013

Big Lots plans to close down its wholesale operations, Big Lots Wholesale, Consolidated International and Wisconsin Toy, by the end of the current fiscal year. The move is the latest in the company’s strategy to refine its business model and focus on its retail stores.

Big Lots plans to close down its wholesale operations, Big Lots Wholesale, Consolidated International and Wisconsin Toy, by the end of the current fiscal year. The move is the latest in the company’s strategy to refine its business model and focus on its retail stores.

As things wind down for the wholesale business its inventory will be liquidated. The company says that it will assimilate employees into its retail operations wherever and whenever possible throughout the next 90 days.

November 1, 2013

Big Lots plans to close down its wholesale operations, Big Lots Wholesale, Consolidated International and Wisconsin Toy, by the end of the current fiscal year. The move is the latest in the company’s strategy to refine its business model and focus on its retail stores.

Big Lots plans to close down its wholesale operations, Big Lots Wholesale, Consolidated International and Wisconsin Toy, by the end of the current fiscal year. The move is the latest in the company’s strategy to refine its business model and focus on its retail stores.

As things wind down for the wholesale business its inventory will be liquidated. The company says that it will assimilate employees into its retail operations wherever and whenever possible throughout the next 90 days.

October 21, 2013

Big Lots has appointed former Kmart executive Andrew Stein as the company's SVP and chief customer officer.

Big Lots has appointed former Kmart executive Andrew Stein as the company's SVP and chief customer officer, as the company focuses more intensely on bolstering its digital footprint.

September 25, 2013

Big Lots has joined the National Association of Corporate Directors (NACD) as full board members.

Big Lots has joined the National Association of Corporate Directors (NACD) as full board members. 

NACD full board member companies range in size from large-cap to small-cap companies. Through their membership, these companies become part of a diverse director community and have the opportunity to share and gain insights about current and emerging issues and to take part in NACD's director education programs.

September 3, 2013

Big Lots overcame a 2.2% same store sales decline at its U.S. stores to post better than expected second quarter earnings, but indicated full year profits could be below the prior year.

Big Lots overcame a 2.2% same store sales decline at its U.S. stores to post better than expected second quarter earnings, but indicated full year profits could be below the prior year.

September 3, 2013

Big Lots overcame a 2.2% same store sales decline at its U.S. stores to post better than expected second quarter earnings, but indicated full year profits could be below the prior year.

Big Lots overcame a 2.2% same store sales decline at its U.S. stores to post better than expected second quarter earnings, but indicated full year profits could be below the prior year.

August 26, 2013

Big Lots has reappointed Russell Solt to its board of directors after determining that the move is in the best interests of the company and its shareholders.

COLUMBUS, Ohio — Big Lots has reappointed Russell Solt to its board of directors after determining that the move is in the best interests of the company and its shareholders. 

Solt will also continue to serve as chairman of the compensation committee, which is composed entirely of independent non-executive directors. Consistent with the terms of the company's other directors, Solt's term will run until the 2014 annual meeting of shareholders.

July 16, 2013

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.

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.

May 22, 2013

The Pantry, an independently operated convenience store chain in the southeastern United States, has appointed former Big Lots executive Boris Zelmanovich as the company’s SVP and CMO.

CARY, N.C. — The Pantry, an independently operated convenience store chain in the southeastern United States, has appointed former Big Lots executive Boris Zelmanovich as the company’s SVP and CMO. 

Zelmanovich will join the Pantry’s executive leadership team Monday, June 3, and will lead merchandising. He served as VP of merchandising strategy at Big Lots, where he was responsible for the development of strategic merchandising plans and repositioning the merchandising portfolio to drive market differentiation.

May 22, 2013

The Pantry, an independently operated convenience store chain in the southeastern United States, has appointed former Big Lots executive Boris Zelmanovich as the company’s SVP and CMO.

CARY, N.C. — The Pantry, an independently operated convenience store chain in the southeastern United States, has appointed former Big Lots executive Boris Zelmanovich as the company’s SVP and CMO. 

Zelmanovich will join the Pantry’s executive leadership team Monday, June 3, and will lead merchandising. He served as VP of merchandising strategy at Big Lots, where he was responsible for the development of strategic merchandising plans and repositioning the merchandising portfolio to drive market differentiation.

April 30, 2013

Big Lots has named David Campisi as its new CEO and president. Campisi succeeds Steve Fishman, who announced in December 2012 his intention to retire upon the appointment of his successor.

COLUMBUS, Ohio — Big Lots has named David Campisi as its new CEO and president. Campisi succeeds Steve Fishman, who announced in December 2012 his intention to retire upon the appointment of his successor. 

Fishman will also step down from the board of directors immediately following the 2013 annual meeting of shareholders on May 30, at which time Campisi will be appointed as a director. The board also plans to elect a non-executive chairman of the board.

April 30, 2013

Big Lots has named David Campisi as its new CEO and president. Campisi succeeds Steve Fishman, who announced in December 2012 his intention to retire upon the appointment of his successor.

COLUMBUS, Ohio — Big Lots has named David Campisi as its new CEO and president. Campisi succeeds Steve Fishman, who announced in December 2012 his intention to retire upon the appointment of his successor. 

Fishman will also step down from the board of directors immediately following the 2013 annual meeting of shareholders on May 30, at which time Campisi will be appointed as a director. The board also plans to elect a non-executive chairman of the board.

April 29, 2013

Big Lots, North America's largest broadline closeout retailer, has launched its sixth annual Lots2Give program to benefit schools in need of financial support.

COLUMBUS, Ohio — Big Lots, North America's largest broadline closeout retailer, has launched its sixth annual Lots2Give program to benefit schools in need of financial support.