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In the early 1990s, closeout retailing was a novelty, even to its practitioners. Big Lots, one of the leaders in this space, staked it out as a niche whose future [...]

NEW YORK-Big Lots is big on the home business. That's what Michael Potter, chairman and chief executive officer, said during the US Bancorp Piper Jaffray conference here about the retailer [...]

COLUMBUS, Ohio-Last week, Joe Cooper, vice president and treasurer of retailer Big Lots Inc., discussed the company's market position and how it works to differentiate itself as a closeout retailer. [...]

COLUMBUS, Ohio-Big Lots Inc. is a Fortune 500 retailer with annual sales of more than $3 billion and more than 1,300 stores nationwide. The company buys goods from more than [...]

Closeout retailer banks on a unified banner Michael Potter is tired of working for what he calls 'America's best-kept secret.' To change that, the chairman and CEO of Columbus, Ohio-based [...]

NEW YORK -- Consolidated Stores Corp., the country's largest broad line closeout retailer, has changed its name and is consolidating its multiple store banners under the single identity of Big [...]

NEW YORK -- Home textiles are moving ahead at a strong pace at Big Lots, the newly renamed broadline closeout retailer formerly known as Consolidated Stores. Home textiles accounted for [...]

When 70 Wall Street analysts arrive in Columbus next week, they'll hear how new management at a pared down Consolidated Stores Corp. plans to refocus on the retailer's core business [...]

Whether creating a trendy menu for a board's discerning taste buds or perfecting a steam table selection to stand the test of a two-hour cafeteria lunch rush, executive chefs help [...]

NEW YORK -- The four chains profiled in this section do not represent all of the merchandising approaches or business models to be found in the dollar store, or extreme-value [...]

Flow rack picking increases productivity for Consolidated Stores. It's not easy to describe the merchandise found in any of Consolidated Stores' 1,166 stores. They sell everything from clothing to tools [...]

300 Phillipi Road Columbus, Ohio 43228 614-278-6800 Review of operations Consolidated Stores is a value retailer focused on close-out merchandise and toys, providing deep discounts on a range of brand [...]

Amy Middlebrooks joined Dublin, Ohio-based health care case manager and vocational rehabilitation specialist VocWorks in late July. But before that she left a lasting legacy at Big Lots, the giant [...]

COLUMBUS, Ohio -- With same-store sales flat and resultant markdowns squeezing margins, income from continuing operations for the fourth quarter and fiscal 2004 took a double-digit nosedive at Big Lots [...]

LIKE MOST AMERICANS, Plantronics Inc. CEO Barbara Scherer watched the events of September 11 on her television set, feeling helpless as the horrific scenes unfolded. And, like many finance executives, [...]

Value Merchants Inc. is negotiating to sell its Toy Liquidators division to Consolidated Stores Corp., a Columbus, Ohio, retailer of close-out merchandise, for about $15 million. 'A major component of [...]

BENTONVILLE, Ark. -- Walmart is the nation's largest and most dominant retailer, so it is hardly surprising that it has a particularly strong market share position in its hometown, where [...]

Big Lots, Inc. opened 52 new stores in its fiscal year compared to prior estimates of 50 new stores, and expects to close a total of only 30 locations this [...]

All For One, a social climbing close-out retailer, is making its debut in the elite milieu of downtown Columbus City Center. Parent Consolidated Stores Corp. has dressed up this deep [...]

COLUMBUS, Ohio -- Big Lots Inc. spent fiscal 2005 attempting to improve its prospects following a dismal 2004, when the closeout retailer saw its profits plunge 64.4%. Under the leadership [...]

COLUMBUS, OHIO -- Looking to further differentiate itself from traditional retailers, Big Lots Inc., is refocusing its merchandise mix with a broader breadth of closeout items, the company said during [...]

COLUMBUS, Ohio -- To Don Mierzwa, executive vice president of store operations, the closeout world of Big Lots is a chaotic universe. That universe took some getting used to, he [...]

Big Lots' board of directors authorized the repurchase of up to $75 million of its common [...]

COLUMBUS, Ohio -- Big Lots Inc., the nation's largest broadline closeout retailer, has been undergoing a lot of changes in the past two years. The transformation is continuing. The most [...]

Big Lots is Big for Holiday Shopping. Despite the Sagging Santa Syndrome that plagued most retailers, Big Lots was a shining star of the holiday season. For December, sales increased [...]

COLUMBUS, Ohio -- With the economy showing few signs of recovery and consumers looking for bargains, the times seem right for closeout retailing. While leading discount chains are struggling to [...]

CENTER FOR BIG LOTS: Broad line closeout retailer Big Lots Inc. last month officially began construction of a new 1.2 million-square-foot distribution center in Durant, Okla. The facility, located on [...]

The future looks more and more uncertain for Caldor Corp., which had hoped to emerge from bankruptcy this spring. At presstime, the discounter had stopped paying suppliers as it negotiates [...]