Odd Lots Furniture Near Me (2024)

FAQs

Is Big Lots and Odd Lots the same company? ›

Eventually, all Odd Lots stores were rebranded as Big Lots. Consolidated Stores Corp. was an investor in the DeLorean Motor Company, which declared bankruptcy in 1982.

Big Lots (BIG) Ownership Overview

The ownership structure of Big Lots (BIG) stock is a mix of institutional, retail and individual investors. Approximately 36.68% of the company's stock is owned by Institutional Investors, 26.22% is owned by Insiders and 37.10% is owned by Public Companies and Individual Investors.

(866) 244-5687

Big Lots / Customer service

An odd lot order generally costs more due to higher commission levels and takes longer to complete than other orders. Large companies view odd lots as pretty insignificant and may choose to eliminate such holdings by buying out the shareholder at a premium or offering the shareholder more stock to make a round lot.

As Fast Company previously reported, Big Lots is struggling with sales as economic concerns and inflationary pressures cause consumers to cut back on discretionary spending. That consumer apprehension is one of the reasons Big Lots reported a net loss of $205 million in its most recent quarter.

Owing to decreasing sales and the threat of bankruptcy looming, the Ohio-based discount retailer is closing underperforming stores.

Contrary to some beliefs, Walmart does not own Wayfair. There was speculation in the late 2010s about a possible acquisition of Wayfair by Walmart, but no such deal ever materialized. Both companies operate independently, with no ownership ties.

“A large percentage of Big Lots' inventory comes from after-season overstock and discontinued products from retailers and manufacturers,” explains Brent Shelton, of deals website FatWallet. Take a look at what to expect -- and how to save even more -- on your first or next visit to Big Lots.

Last month the ubiquitous discount retailer Big Lots announced it would close as many as 40 stores by the end of 2024 as its financials worsen in a tough consumer market. Now that number could be closer to 315. Initially, there were 11 Florida stores getting shuttered, according to Big Lots' website.

Who is Big Lots biggest competitor? ›

The main competitors of Big Lots include Target (TGT), Dollar General (DG), Dollar Tree (DLTR), Walmart (WMT), Costco Wholesale (COST), BJ's Wholesale Club (BJ), Ollie's Bargain Outlet (OLLI), MINISO Group (MNSO), Five Below (FIVE), and PriceSmart (PSMT). These companies are all part of the "variety stores" industry.

One Name Says It All

In 2001 our array of store names and company identity were converted to a single national brand: Big Lots. For our customers, a common national brand represents consistency and buying power. And for our 35,000 associates, the Big Lots name reinforces a shared company culture from coast to coast.

Merchandise purchased in a Big Lots store can be returned to a store within 30 days of the date of purchase. The merchandise must be in its original condition, complete with accessories, packaging and instructions, and be accompanied by a receipt.

Yes, the Big Lots Credit Card will do a hard pull. You will need a credit score of at least 640 to get it, which is on par with what most store cards require. There is no way to pre-qualify for the Big Lots Credit Card. A hard pull usually causes an applicant's credit score to drop by 5-10 points.

Columbus, OH

Big Lots / Headquarters

In 2001 our array of store names and company identity were converted to a single national brand: Big Lots.

Discount store giant Big Lots has announced plans to close up to 315 stores nationwide as financial issues put pressure on the embattled retailer's future.