big lots

High-Income Consumers Reduce Their Nice-to-Haves as the Economy Slows
High-Income Consumers Reduce Their Nice-to-Haves as the Economy Slows
May 21, 2023  |  Consumer Insights

Affluent paycheck-to-paycheck earners curb, but don’t completely cut, spending across categories when faced with budget concerns.  As consumers across demographics continue to stretch budgets to...

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Merchants Offering Discounts and Support to Bed Bath & Beyond Customers
Merchants Offering Discounts and Support to Bed Bath & Beyond Customers
April 28, 2023  |  Retail

Merchants are working to gain business that used to go to Bed Bath & Beyond. The retailer that declared bankruptcy this week had 35 million...

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High Earners’ Muted Spending Threatens Electronics and Autos, Boosts Big Box Merchants
High Earners’ Muted Spending Threatens Electronics and Autos, Boosts Big Box Merchants
March 03, 2023  |  Economy

F. Scott Fitzgerald wrote that the rich “are different from you and me.” Fast forward a century from when he penned the words, and today,...

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Big Lots CEO Says Higher-Earners Turn to Big Lots for Bargains
Big Lots CEO Says Higher-Earners Turn to Big Lots for Bargains
March 02, 2023  |  Retail

Off-price and discount retailers are responding to an increasingly clear divide between deal chasers compared to other bargain shoppers as the opportunistic value-seeking trend has...

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Big Lots Plans Small-Town Shift Amid Big-Ticket Slump
Big Lots Plans Small-Town Shift Amid Big-Ticket Slump
December 01, 2022  |  Retail

Big Lots said it’s shifting away from big-ticket items and toward small-town locations. The strategic change comes as the Ohio-based operator of 1,450 off-priced stores...

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DoorDash Expands Nonfood Partners in Same-Day Delivery Push
DoorDash Expands Nonfood Partners in Same-Day Delivery Push
September 16, 2022  |  Delivery

DoorDash is looking to become a more central part of consumers’ lives, driving on-demand delivery outside of meal occasions. On Friday (Sept. 16), the aggregator...

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Big Lots Partners With DoorDash to Meet Consumer Demand for Delivery
Big Lots Partners With DoorDash to Meet Consumer Demand for Delivery
September 15, 2022  |  Retail

On-demand delivery of bargain-priced merchandise will be available to consumers under a new partnership between Big Lots and DoorDash. With the new agreement, consumers can...

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Today in Retail: Online Shoppers Prioritize Using Preferred Payment Methods
Today in Retail: Online Shoppers Prioritize Using Preferred Payment Methods
May 27, 2022  |  Retail

Today in retail, Ulta Beauty benefits from shoppers’ desire to emerge from COVID-19 pandemic lockdowns, while Costco keeps its low-price differentiator in place as inflation...

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Big Lots Blames Inflation for Slow Q1 Sales
Big Lots Blames Inflation for Slow Q1 Sales
May 27, 2022  |  Retail

Discount retailer Big Lots released its quarterly earnings Friday (May 27), showing a rise in eCommerce use but a decrease in sales as consumers wrestled...

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