BNET Industries
Market Cap:$2.0B
Last Fiscal Year Sales:$4.6B
- Public
- US
Dow Jones Description
Maybe it's the one-of-a-kind shopping experience. Or the unique and ever-changing mix of brand-name merchandise. Or perhaps it's just the thrill of the treasure hunt. But one thing's for sure - once you get a taste of closeout shopping, you'll never look at traditional retail the same way again. From everyday consumables and housewares to toys and seasonal goods, Big Lots offers amazing values that other stores just can't match. As the nation's largest broadline closeout retailer, we have the buying power to find and negotiate the best deals in the business. The result? Unbeatable bargains, with something new to discover every time. Plus stores that are genuinely fun to shop. It's a combination strong enough to break old shopping habits - turning more and more consumers into Big Lots closeout shoppers.
Chairman, President & CEO
Steven S. FishmanNumber of Employees 13,600
Peer Companies
NAICS Code All Other General Merchandise Stores: 452990
Recent Events
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Big Lots Reports Third Quarter Comparable Store Sales Decrease of 0.2%
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Big Lots recalls 20,000 bunk beds - ISWOnline
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Several break-ins reported to APD
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Pali Research Maintains a 'Buy' on Big Lots BIG; Raises Price Target & Estimates
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Big Lots is back - New north side store to open late October
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Big Lots to open Shallotte store
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Big Lots opens in Colonial Plaza
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J.P. Morgan upgrades Big Lots to 'Overweight'
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Big Lots recalls bunk beds
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Big Lots opens 5th Tucson-area store
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Opening View: Wall Street Under the Weather Ahead of Beige Book
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Big Lots' Profit Solid, But Rival Hits New High
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Big Lots, Inc. To Broadcast Second Quarter 2009 Conference Call
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Big Lots Q1 Earnings Call Transcript
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Big Lots conservative, but not overly so
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Bad Retail Climate Lets Strong Chains Expand At Discount
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Home Sales Spike, Stocks Get Knocked Down, and Treasuries Tank
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Costco profit just misses view; Big Lots tops
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Raymond James Initiates Coverage on Big Lots BIG with an Outperform
News & Analysis
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big lots inc. - All News and Analysis
Cramer's Mad Money - Doug Kass Is Too Bearish (8/26/09)
Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Wednesday August 26. While Cramer doesn't think the Dow will reach 10,300, he doesn't agree with Doug Kass that investors should give up on the idea of making profits in the remaining months of 2009 and sell...
Big Lots, Inc. Q2 2009 (Qtr End 08/01/09) Earnings Call Transcript
Big Lots, Inc. BIG Q2 2009 Earnings Call August 25, 2009 8:00 am ET
Big Lots, Inc. Q2 2009 (Qtr End 08/01/09) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Jeff Stein – Soleil Securities Jeff Stein – Soleil Securities On your seasonal program for the back half of the year, trim a tree I know that’s a big program for you for Q4. The industry had a real tough...
Big Lots Raises Guidance for the Second Straight Quarter
Ockham Research submits: Big Lots Inc. BIG reported second quarter results on Tuesday morning that were better than consensus analysts estimates. Sales come in at $1.09 billion, which is about 2% less than a year ago but slightly exceeded estimates. Comparable store sales were off by about...
Big Lots, Inc. F1Q09 (Qtr End 05/02/09) Earnings Call Transcript
Big Lots, Inc. HAS F1Q09 Earnings Call May 28, 2009 8:00 am ET
Big Lots, Inc. F1Q09 (Qtr End 05/02/09) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Jeff Stein – Stein Research Jeff Stein – Stein Research I’m wondering if you could talk a little bit out the distribution center on the West Coast and how you plan to handle your shipments to stores. Steve Fishman The...
Big Lots, Inc. Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Our first question comes from Jeff Stein. Jeff, go ahead. Your line is open. Jeff Stein – Stein Research Sure. Thank you. Good morning, Steve. Just a couple of questions. First, given the pressures in the vendor community, do you guys have any interest in...
Despite Big Lots' Fall, Short Positions Decrease
Jessica Johnson submits: Discount retailer Big Lots BIG is the second most borrowed stock in the S&P500 today, with 29% of its shares outstanding on loan (%SOOL), topped only by Mylan MYL with 30% SOOL. BIG's shares fell almost 13% on Friday. On November 7th, the company reported a...
Finding Big Value in Big Lots
Bullish Bankers submits: By Brad Lightner As the economy continues to struggle and discretionary spending tightens, consumers are pinching pennies and looking for any way to save a buck. Stock price run-ups in companies such as Wal-Mart Stores Inc. WMT [53.12, -1.32 (-2.42%)] have proven this simple economic...
Retail Ideas in a Weakening Economy
Trader Mark submits: The economic news, which has been ignored for weeks since the awful labor report as we focus on systematic risk to the entire financial system, continues to degrade. Wednesday's existing home sales, and Thursday's new home sales are a complete disaster. Thursday's weekly unemployment claims are...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| John M. Zavada | CIO |
| Rodney Finger | COO & Executive Vice President |
| John Martin | Executive Vice President, Mdsg |
| Charles Haubiel | General Counsel, Senior Vice President & Secretary |
| Christopher T. Chapin | Senior Vice President, Store Operations |
| Harold A. Wilson | Senior Vice President, Distr & Transportation Services |
| Joe Cooper | Senior Vice President |
| M. Steven Bromet | Senior Vice President, MIS |
| Robert C. Claxton | Senior Vice President, Marketing |
| Charles Freidenberg | Vice President & Mdsg Division |
| Charles H. Howze | Vice President, Store Operations |
| Crystal Weary | Vice President & Manager, Mdsg Division |
| Dennis R. Back | Vice President, Mdsg |
| Gary E. Huber | Vice President, Furniture Operations |
| Jo Roney | Vice President, HR |
| Judith A. Panoff | Vice President & Manager, Mdsg Division |
| Kevin R. Wolfe | Vice President, Loss Prevention |
| L. Michael Watts | Vice President, Tax |
| Linda D. Canada | Vice President, Allocation |
| Loyd R. Barron | Vice President, Store Operations |
| Lyle E. Davis | Vice President & Manager, Mdsg |
| Marion A. Zingaro | Vice President, Transportation Services |
| Michael A. Schlonsky | Vice President, Risk Management & Admin Services |
| Michael W. Scheerer | Vice President, Assets Protection |
| Mollie M. Hall | Vice President, Store Operations |
| Penny L. Davis | Vice President, Assoc Relations & Development |
| Richard J. Marsan | Vice President, Mdsg Presentation |
| Richard P. Wadley | Vice President, Store Operations |
| Robert K. Carter | Vice President, Mdse Planning & Analysis |
| Roger D. Erwin | Vice President, Store Operations |
| Steven B. Marcus | Vice President, Wholesale |
| Steven B. Page | Vice President, Store Operations |
| Timothy Anderson | Vice President, Store Control |
| Timothy D. Kolp | Vice President, Real Estate |
| Todd A. Noethen | Vice President, Distr Support Services |
| Vicki R. Velt | Vice President, Systems Development |
| William Coney | Vice President, Store Operations |
| Keriake Lucas | Director, Public Relations |
| John J. Johnson | Senior Vice President & General Manager, Mdse |
| Norman J. Rankin | Senior Vice President & General Manager, Mdse |
| Tammi Hysell | Media Manager |
| Brad Waite | Human Resources |
| Donald Mierzwa | Store Operations |
| Kent Larsson | Special Projects |
| Lisa M. Bachmann | Information Technology |
| Paul A. Schroeder | Financial Reporting & Accounting Operations |
| Timothy Johnson | Strategic Planning and Investor Relations |
| Brenda J. Lauderback | Director |
| David T. Kollat | Director |
| James R. Tener | Director |
| Ned Mansour | Director |
| Phillip E. Mallott | Director |
| Russell Solt | Director |
| Sheldon M. Berman | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Steven S. Fishman | Chairman, President & CEO |
| Dennis B. Tishkoff | Chair, Compensation Committee |
| Philip E. Mallott | Chair Audit Committee Member |
| Organization | Position | Status |
|---|---|---|
| CSC Distribution, Inc. | CEO | Current |
| Big Lots Capital, Inc. | CEO | Current |
| Big Lots, Inc. | Chairman, President & CEO | Current |
| Closeout Distribution, Inc. | CEO | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | CIO | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | COO & Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Executive Vice President, Mdsg | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | General Counsel, Senior Vice President & Secretary | Current |
| Big Lots, Inc. | Director, Corporate Counsel | Former |
| Big Lots, Inc. | Assistant Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Senior Vice President, Store Operations | Current |
| Facilitysource | President of Facilitysource, Llc | Former |
| Facilitysource | Chief Optimization Architect | Former |
| Limited Brands, Inc. | Director | Former |
| PepsiCo, Inc. | Former | |
| University of Wisconsin | B.S. In Industrial Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Senior Vice President, Distr & Transportation Services | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Senior Vice President | Current |
| Big Lots, Inc. | Chief Financial Officer | Former |
| Big Lots, Inc. | Investor Relations | Former |
| Big Lots, Inc. | Treasurer | Former |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Senior Vice President, MIS | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Senior Vice President, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President & Mdsg Division | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Store Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President & Manager, Mdsg Division | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Mdsg | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Furniture Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, HR | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President & Manager, Mdsg Division | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Loss Prevention | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Tax | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Allocation | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Store Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President & Manager, Mdsg | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Transportation Services | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Risk Management & Admin Services | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Assets Protection | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Store Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Assoc Relations & Development | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Mdsg Presentation | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Store Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Mdse Planning & Analysis | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Store Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Wholesale | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Store Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Store Control | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Real Estate | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Distr Support Services | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Systems Development | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Vice President, Store Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Director, Public Relations | Current |
| Big Lots, Inc. | Director, Public Relations | Former |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Senior Vice President & General Manager, Mdse | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Senior Vice President & General Manager, Mdse | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Media Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Human Resources | Current |
| Big Lots, Inc. | Executive Vice President | Former |
| Big Lots, Inc. | Director of Employee Relations | Former |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Store Operations | Current |
| Big Lots, Inc. | Executive Vice President of Store Operations | Former |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Special Projects | Current |
| Big Lots, Inc. | Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Information Technology | Current |
| Big Lots, Inc. | Senior Vice President of Merchandise Planning | Former |
| Ames Department Stores | Senior Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Financial Reporting & Accounting Operations | Current |
| Big Lots, Inc. | Vice President | Former |
| Big Lots, Inc. | Director, Accounting Operations | Former |
| Big Lots, Inc. | Controller | Former |
| Limited Brands, Inc. | Finance Positions | Former |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Strategic Planning and Investor Relations | Current |
| Big Lots, Inc. | Vice President, Strategic Planning and Investor Relations | Former |
| Big Lots, Inc. | Director of Strategic Planning | Former |
| Organization | Position | Status |
|---|---|---|
| Drew Shoe Corporation | Chief Executive Officer | Current |
| Big Lots, Inc. | Chair, Compensation Committee | Current |
| Drew Shoe Corporation | Chairman | Current |
| Big Lots, Inc. | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Coker, Palmer | Retail Stock Analyst | Current |
| Big Lots, Inc. | Chair Audit Committee Member | Current |
| Big Lots, Inc. | Director | Former |
Brenda J. Lauderback was appointed to the Select Comfort Board of Directors in February 2004. Ms. Lauderback served as President of the Retail and Wholesale Group for the Nine West Group, Inc., a designer and marketer of women's footwear and accessories, from May 1995 until January 1998. Ms. Lauderback also serves as a director of Big Lots, Inc., Irwin Financial Corporation, Wolverine World Wide, Inc., and Denny’s Corporation.
| Organization | Position | Status |
|---|---|---|
| Select Comfort Corporation | Chair | Current |
| Denny's Corporation | Director | Current |
| Irwin Financial Corp. | Director | Current |
| Wolverine World Wide, Inc. | Board of Directors | Current |
| Louisiana-Pacific Corporation | Director | Current |
| Big Lots, Inc. | Director | Current |
| Big Lots, Inc. | Member Compensation Committee Member | Current |
| Nine West Group, Inc. | Group President | Former |
| Select Comfort Corporation | Director | Current |
David T. Kollat, Ph.D., has served as a member of the Select Comfort Board of Directors since February 1994. Dr. Kollat has served as President and Chairman of 22 Inc., a research and consulting company for retailers and consumer goods manufacturers, since 1987. From 1976 until 1987, he served in various capacities for The Limited, Inc., a women's apparel retailer, including Executive Vice President of Marketing and President of Victoria's Secret Catalogue. Dr. Kollat also serves as a director of Big Lots, Inc., The Limited, Inc., and Wolverine World Wide, Inc.
| Organization | Position | Status |
|---|---|---|
| Select Comfort Corporation | Member of the Select Comfort Board of Directors | Current |
| Limited Brands, Inc. | Director | Current |
| Big Lots, Inc. | Director | Current |
| Wolverine World Wide, Inc. | Board of Directors | Current |
| Limited Brands, Inc. | Finance Committee Member | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Director | Current |
| Big Lots, Inc. | Member Audit Committee Member | Current |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Director | Current |
| The Ryland Group, Inc. | Director | Current |
| Mattel, Inc. | President | Former |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Director | Current |
| Tween Brands Inc. | Director | Current |
| Intimate Brands, Inc. | Chief Financial Officer | Former |
| Intimate Brands, Inc. | Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Big Lots, Inc. | Director | Current |
| Big Lots, Inc. | Member Audit Committee Member | Current |
| West Marine, Inc. | Director of Investor Relations | Former |
| Organization | Position | Status |
|---|---|---|
| Xtreem Creative, Inc | Chief Executive Officer | Current |
| Xtreem Creative, Inc | Chairman | Current |
| Big Lots, Inc. | Director | Current |
| Big Lots, Inc. | Member Nominating, Corporate Governance Committee | Current |
| Xtreem Creative, Inc | President | Former |
Executive News
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Early holiday: Retailers feel the pressure to jump-start the holiday selling season
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Early holiday
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Stock Picks: BIG Up; MTW Down
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Stock Picks: BIG Up; MTW Down (Market Movers)
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Big Lots profit beats Street; shares jump
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Big Lots profit beats Street; shares jump
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2nd UPDATE:Big Lots Raises New Store Count,Plans Loyalty Card
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Huntington Bank Partners with Big Lots and Meijer to Donate $100,000 Worth of Backpacks...
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Huntington Bank Partners with Big Lots and Meijer to Donate $100,000 Worth of Backpacks Throughout the Midwest
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