The first Big Lots store was opened in Columbus, Ohio in 1982. The company was founded by Sol Shenk, who also served as its first CEO.
Big Lots is a discount retailer that sells a variety of merchandise, including furniture, housewares, electronics, and more. The company operates more than 1,400 stores in the United States and Canada.
In 2017, Big Lots announced that it would be changing its name to Big Lots!, with the exclamation point intended to signify the company’s “enthusiasm and energy.” The name change was accompanied by a new logo and marketing campaign.
Big Lots has been profitable for several years now, but 2017 marked the first time that it had reported positive same-store sales growth in seven years. The company attributed this to its focus on customer service and its “newly refreshed brand identity.”
Big Lots is clearly a company on the rise, and its recent successes suggest that the name change was a smart move. It’s possible that the company’s sales will continue to grow as more shoppers become aware of its refreshed brand identity. Only time will tell for sure, but Big Lots is certainly off to a good start.
When did odd lots change to Big Lots?
The first Big Lots store was opened in Columbus, Ohio in 1982.
