Big Lots news and trends

Big Lots Deal Rescues Hundreds of Stores From Closure
Retail // December 29, 2024

Big Lots has struck a deal to keep hundreds of stores from shuttering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Big Lots Says Previously Announced Sale Has Fallen Through
Retail // December 19, 2024

Big Lots said Thursday (Dec. 19) that it is preparing to begin going out of business (GOB) sales at all its remaining stores after determining that it no longer expects to complete its previously announced sale to Nexus Capital Management. Get the Full Story Complete the...

Big Lots Exec Says Mobile and Digital Become On-Ramp for Bankruptcy Exit
Retail // December 16, 2024

Big Lots’ Chapter 11 bankruptcy filing and upcoming acquisition by Nexus Capital Management revealed the deep-rooted issues in the company’s business model, particularly its struggle to adapt to the digital age. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Competition for Early Holiday Shoppers Won’t Start With Black Friday
Retail // October 02, 2024

As the holiday shopping season approaches, retailers are rolling out early sales strategies to capture consumer spending against a backdrop of economic uncertainty. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Interviews & Exclusives
Big Lots Exec Says Mobile and Digital Become On-Ramp for Bankruptcy Exit

December 16, 2024
Big Lots’ Chapter 11 bankruptcy filing and upcoming acquisition by Nexus Capital Management revealed the deep-rooted issues in the company’s business model, particularly its struggle to adapt to the digital age. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe […]

Competition for Early Holiday Shoppers Won’t Start With Black Friday

October 02, 2024
As the holiday shopping season approaches, retailers are rolling out early sales strategies to capture consumer spending against a backdrop of economic uncertainty. Get the Full Story Complete the form...

Thinking Small Might Be Retail’s New Big Trend

May 31, 2023
Merchants are embracing smaller footprints in a greater effort to cut costs and renew customer focus. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

High-End Retailers May Be Pinched as High Earners Grapple With Card Debt

May 24, 2023
The latest data from PYMNTS on paycheck-to-paycheck living shows that high earners feel the pinch of credit card debt and wages that aren’t keeping up with inflation. Get the Full...

Quick Reads
Big Lots Deal Rescues Hundreds of Stores From Closure

December 29, 2024
Big Lots has struck a deal to keep hundreds of stores from shuttering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]

Big Lots Says Previously Announced Sale Has Fallen Through

December 19, 2024
Big Lots said Thursday (Dec. 19) that it is preparing to begin going out of business (GOB) sales at all its remaining stores after determining that it no longer expects...

Big Lots Declares Bankruptcy as Consumers Chase Deals

September 09, 2024
Discount retailer Big Lots has declared bankruptcy and sold itself to an investment firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Report: Big Lots Seeking Investors and Considering Bankruptcy

August 28, 2024
Big Lots is reportedly considering bankruptcy amid continued declines in sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...