Big Lots

Articles on Big Lots!

  1. Channel: Delivery
This summer, Shipt continues to evolve its multi-vertical marketplace with the addition of a leading discount retailer, Big Lots.
  1. Channel: Ecommerce & Digital
Discount home goods retailer Big Lots will offer same-day delivery services from more than 1,000 of its stores across the U.S. through a new partnership with Shipt. This expansion of its omnichannel offerings reflects growth plans that the retailer outlined in January 2022, when it revealed its goal of increasing annual sales to $8 billion […]
  1. Data & Insights
Key Takeaways: Big Lots moved strategically to position itself as an “Essential Retailer” at the onset of the pandemic, allowing it to claim over 50% of market share. Big Lots changed its inventory to include more consumable items and therefore established itself as a place where shoppers can find both furniture as well as consumables […]
  1. Shopper & Customer
The primary role of the Chief Marketing Officer is to be the voice of the customer for the brand-business. The CMO embodies the customer informing the organization. Customer understanding and insight generation are the CMO’s highest priorities. Sure, the CMO has numerous other functions these days. But, being the voice of the customer must be […]
  1. Data & Insights
The Home Goods Retail space exploded during the pandemic with an increase in consumer demand for home office furniture and other home goods. YipitData’s research team recently dove deep into the Home Goods market, looking at the top 30 pure players to share out 3 key takeaways on market share, average order frequency, and customer […]
  1. Data & Insights
Direct-to-consumer (D-to-C) strategies are very effective across different brands and companies. And yet, to find long-term success, these stakeholders must be aware of the many obstacles and how to overcome them. What is D-to-C? In this rapidly evolving market where e-commerce has significantly changed consumer buying habits, many have turned to D-to-C strategies. Instead of […]
  1. Technology & Innovation
Retail has significantly changed in recent years. Consumers were already moving away from in-person retailing before the pandemic hit, and it’s a shift that has picked up considerably since then. For those remaining brick-and-mortar stores, technical advances have been employed to keep customers happy — and keep them coming back. Many of the biggest trends […]
  1. Channel: Grocery
ST. LOUIS — The discount grocery retailer Save A Lot has appointed Trey Johnson as its new chief merchandising officer. He will report directly to chief executive officer Leon Bergmann. Johnson brings more than 30 years of experience to his new role, working with prominent brands and organizations including Albertsons, Big Lots, Family Dollar, Jewel […]
  1. Channel: Grocery
ANN ARBOR, Mich. — Customer satisfaction with retail is relatively stable, according to the American Customer Satisfaction Index’s 2021-2022 ranking. The Retail Trade sector as a whole saw its score dip just 0.5% to 75.1 (out of 100). “Cool stability,” says ACSI managing director David Van­Amburg. “That’s the best way to describe the retail sector […]
  1. Stores & Formats
Today in retail, Best Buy talks about the transformational power of technology, while Burlington Stores hopes to see foot traffic increase in 2022 after a Q4 slump has investors and analysts skittish. Plus, discount retailer Big Lots looks to increase its eCommerce sales. Best Buy Faces Higher Costs, Says Tech Has ‘Changed Every Aspect of […]
  1. Channel: Grocery
ANN ARBOR, Mich. — Customer satisfaction with retail is relatively stable, according to the American Customer Satisfaction Index’s 2021-2022 ranking.  The Retail Trade sector as a whole saw its score dip just 0.5% to 75.1 (out of 100). “Cool stability,” says ACSI managing director David VanAmburg. “That’s the best way to describe the retail sector […]
  1. Channel: Dollar/Value
Big Lots on Monday said that it could open 500 net stores, or more, in the coming years, according to a company press release. The retailer plans to add more than 50 net new stores in 2022, and more than 80 per year after that, according to an investor presentation. The store openings, together with […]
  1. Holiday & Events
Key takeaways for holiday retail season 2021 Consumer spending decelerated, while visits exceeded pre-pandemic levels so far this holiday retail season Pre-Black Friday sales at Walmart, Target, Amazon, and others outperformed Cyber-5 as consumers began shopping earlier this year Online sales growth stalled for most retailers, except Walmart, but remained historically high Full holiday performance […]
  1. Channel: Dollar/Value
While many retailers took a cautious approach to expansion following the COVID outbreak, Dollar General bucked the trend, deciding instead to launch a new concept, Popshelf, mid-pandemic. Courting a new type of customer, it plans to open up to 50 of these locations by the end of the year. Via: Cheapism Key Takeaways Popshelf is […]
  1. Channel: Dollar/Value
Supply chain and related issues along with inflationary pressures took their toll on Big Lots’ business in the second quarter. The retailer said that same-store sales declined 13 percent compared to last year’s pandemic-boosted 31 percent jump. Big Lots posted adjusted earnings of $2.75 a share, well ahead of the $1.12 expected by analysts.
  1. Channel: Dollar/Value
https://myprivatebrand.com/wp-content/uploads/BigLotsSummer2021ApparelCommercial.mp4 With summer now underway, Columbus, Ohio-based Big Lots is rolling out a newly expanded apparel assortment – its biggest to date – for the entire family. The expansion includes the new private brand Weekend Soul as well as Reebok, One World, and Como Vintage. “There can be no denying that the past 18 months […]
  1. Owned Brands (Private Label)
MPB Careers – Big Lots – VP, Private Brands Requisition #:21005145 Store #: GO~910_BL CORPORATE HEADQUARTERS Location: 4900 E Dublin Granville Rd, Columbus, OH Schedule: Regular Shift: Standard Job Type: Full-time Day Job Date Posted: 5/6/2021 Description Position Summary: Responsible for the overall development and execution of a cohesive, integrated, innovative Private Brands strategy and […]
  1. Channel: Ecommerce & Digital
Last-mile delivery solution provider Pickup has closed a $15 million Series B funding round. The new capital will be used for “aggressive expansion” of the company’s “buy anywhere, deliver anywhere” offerings, including expanding Pickup’s geographic reach, scope of services and fulfillment capabilities. Pickup currently serves more than 75 cities across the U.S., partnering with retailers […]
  1. CPG & FMCG
The CPG Guys, Sri & PVSB, are joined in this episode by Erica Fortune, SVP of eCommerce at Big Lots!, the neighborhood discount retailer with over 1,400 locations. Erica answers these questions posed to her: Erica, you have deep experience in digital retail merchandising. Would you share a bit about your professional journey and ultimately […]
  1. Channel: Dollar/Value
COLUMBUS, Ohio, Jan. 11, 2021 /PRNewswire/ — Big Lots, Inc. (NYSE: BIG) today announced it will be participating in the 2021 ICR Conference, which will be a virtual event this year. Bruce Thorn, President and CEO of Big Lots, Jonathan Ramsden, Executive Vice President, Chief Financial &…
  1. Channel: Dollar/Value
Insurance and financial services leader rapidly migrates to AWS to unlock data-driven insights, automate processes in the cloud, and deliver new digital services to millions of customers SEATTLE –(BUSINESS WIRE)–Dec. 10, 2020– Today, Amazon Web Services, Inc. (AWS), an Amazon.com , Inc.
  1. CPG: HBC
Starting your own clothing line can be one of the most exciting times of your life, but taking this leap can also be daunting. There are so many people who want to break into the fashion industry, but because of its fast-paced nature and fragmented market, the success rate is fairly low. So, as exhilarating […]
  1. CPG: Food
LOS ANGELES — SeraLabs Inc., a subsidiary of CURE Pharmaceutical Holdings, has teamed with Oscar, Golden Globe and Emmy Award-winning Nicole Kidman as the brand’s first-ever strategic business partner and global brand ambassador for its topical products. In addition to being the face of the brand, Kidman will play an integral role in the strategic […]
  1. Channel: Dollar/Value
Global media leader selects AWS as its preferred broadcast cloud provider to power one of the largest digital transformations in the media and entertainment industry SEATTLE –(BUSINESS WIRE)–Dec. 8, 2020– Today, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc.
  1. Channel: Dollar/Value
AWS and the BMW Group will jointly develop innovative cloud-enabled solutions and upskill up to 5,000 BMW Group -affiliated software engineers in cloud technologies SEATTLE –(BUSINESS WIRE)–Dec. 8, 2020– Today, Amazon Web Services (AWS), an Amazon.com, Inc.

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Why Amazon, Attributes, and Label Claims Matter According to the Nutrition Business Journal’s Supplement Business Report, supplements showed staying power in 2021 even as shoppers returned to more traditional shopping behavior. The beginning of the pandemic spurred historic 14.5% growth in 2020, a rate that was destined to level off once the world moved away […]
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Walmart reportedly is laying off some corporate employees to “better position the company for a strong future,” according media reports. Walmart did not confirm the number of job cuts, but the layoffs will reportedly impact about 200 employees across the merchandising, global technology and real estate teams, people familiar with the matter told The Wall […]
  1. Trends & External Forces
  2. Trends & External Forces
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KEY POINTS Beyond Meat lowered its 2022 revenue forecast and announced it will trim its workforce by 4% The company cited inflation, rising interest rates and recession concerns for the revised outlook. The company’s net sales also dropped 1.6% to $147 million and its net loss widened. Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, […]
  1. ESG
  2. ESG
  3. Trends & External Forces
Dive Brief: Ahold Delhaize announced on Wednesday it has named Jan Ernst de Groot as its first chief sustainability officer. In the newly created role, de Groot will head up Ahold Delhaize’s Environmental Social Governance (ESG) work. De Groot will also retain his role as chief legal officer for the grocery company. Ahold Delhaize noted that de Groot has a “track record of leading transformative sustainability programs at companies and supervisory […]

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