Big Lots Stores Inc

Industry: Speciality Stores

Fortune Rank: 436

Big Lots is a value retailer specializing in closeout merchandise. As of 2/03, BLI operated 1,380 retail closeout stores in 45 states under the names Big Lots and Big Lots Furniture. For the 26 weeks ended 7/30/05, net sales rose 7% to $2.15B. Net loss totaled $6M, up from $1.4M. Revenues reflect higher comparable store sales and new stores opened. Higher loss reflects an increase in selling & administrative and depreciation expenses.

Big Lots, Inc. is a national broadline closeout retailer. It purchases excess merchandise directly from manufacturers that generally results from production overruns, packaging changes, discontinued products or returns. As a result of the lower purchase cost, it can generally offer most merchandise at prices lower than those offered by a traditional retailer. At January 29, 2005, the Company operated a total of 1,502 stores in 46 states with 1,459 stores under the name Big Lots and 43 stores under the name Big Lots Furniture. Its wholesale operations are conducted through Big Lots Wholesale, Consolidated International and Wisconsin Toy, with online sales at its Website.

Big Lots Stores Inc

Big Lots Stores Inc is a Fortune 500 company. In 2010 Big Lots Stores Inc was ranked number 436 on the Fortune 500 list, making it the 436th largest company in the United States when judged by revenue.

Big Lots Stores Inc achieved revenue of $4,726.80 million in 2010 and earned a profit of $200.40 million.

Big Lots Stores Inc' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 436th compared to 498th in 2009. This was based on its 2009 revenue of $4,645 million (a change of 0 million compared to 2010) and profits of $152 million (a change of $48 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Big Lots Stores Inc would be ranked 318th rather than 436th due to its profits of $200 in 2010.

Big Lots Stores Inc Revenue* Profit* Fortune Ranking
20104,727200436
20094,645152498
20084,656159493
20074,743124469
20064,430-10465

* US$ Million

USPages Latest Business News At A Glance Business Shortcuts