Big Lots Swot Analysis

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Pages: 1

Big lots, Inc. was founded by Sol Shenk in 1967. Big Lots is a retailer operating in 1,445 retail closeout stores under the Big Lots banner in leased facilities located in 47 states, with sales of over $5.20 million annually and market cap of $1,908.46 million. BIG is a closeout retailer, “it purchases merchandise, at very low prices, directly from vendors that result from production overruns, packaging changes, discontinued products, liquidations, or returns -- and thus is able to offer products at much lower prices than traditional discount retailers like Dollar Tree Stores (DTLR).” Some of the merchandise categories include food, consumables, soft home, hard home, furniture, seasonal, and electronics and accessories. BIG has formed important

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