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(Marketwatch)   Big Lots of sales   (marketwatch.com) divider line
    More: Followup, Revenue, Shares of Big Lots Inc., Generally Accepted Accounting Principles, fiscal third-quarter profit, Retailing, fourth quarter, Chief Executive Bruce Thorn, strong start  
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847 clicks; posted to Business » on 04 Dec 2020 at 10:05 AM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



16 Comments     (+0 »)
 
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2020-12-04 9:32:18 AM  
Probably from selling boatloads of TP, paper towels and sanitizing supplies.
 
2020-12-04 10:22:03 AM  
Then why is it currently down 9% for the day?
 
2020-12-04 10:25:00 AM  

Thenixon: Then why is it currently down 9% for the day?


The markets (algorithms?) rarely make much sense.
 
2020-12-04 10:47:01 AM  
When I was growing up, my family lived in Welch, WV for a while, a little city deep in the coal fields. We often went to Big Lots, and they have some interesting stuff to pick up. For example, I got one of these for cheap as a kid:

Fark user imageView Full Size


As far as discount stores were, it wasn't a bad store. Definitely worth getting dressed up for.
 
2020-12-04 10:47:34 AM  
The one near me has reliably had TP, paper towels, basic cleaning supplies and other items. Plus they send me coupons so its even cheaper. I got 2 queen size pillows there (serta) for $8 each. The same pillows were $20 each at Target and Walmart. I assume they were factory issues like the label was printed wrong but who cares.
 
2020-12-04 11:05:39 AM  

Mad_Radhu: When I was growing up, my family lived in Welch, WV for a while, a little city deep in the coal fields. We often went to Big Lots, and they have some interesting stuff to pick up. For example, I got one of these for cheap as a kid:

[Fark user image image 300x283]

As far as discount stores were, it wasn't a bad store. Definitely worth getting dressed up for.


Nowadays, Big Lots is pretty boring. Just your average run of the mill housewares and such now..... Like a larger Family Dollar with some cheap furniture thrown in.
 
2020-12-04 11:10:06 AM  

MBZ321: Nowadays, Big Lots is pretty boring. Just your average run of the mill housewares and such now..... Like a larger Family Dollar with some cheap furniture thrown in.


It's been that way for years.  It's not inexpensive overstock, it's full of stuff made specifically for the store.  Most often, they are not great deals.
 
2020-12-04 11:54:35 AM  

Joe Stapler: MBZ321: Nowadays, Big Lots is pretty boring. Just your average run of the mill housewares and such now..... Like a larger Family Dollar with some cheap furniture thrown in.

It's been that way for years.  It's not inexpensive overstock, it's full of stuff made specifically for the store.  Most often, they are not great deals.


Things might pickup there soon.  I know after the 2008 financial crisis they were fully stocked for a while with completely random items that department stores couldn't sell.
 
2020-12-04 11:57:13 AM  

MBZ321: Mad_Radhu: When I was growing up, my family lived in Welch, WV for a while, a little city deep in the coal fields. We often went to Big Lots, and they have some interesting stuff to pick up. For example, I got one of these for cheap as a kid:

[Fark user image image 300x283]

As far as discount stores were, it wasn't a bad store. Definitely worth getting dressed up for.

Nowadays, Big Lots is pretty boring. Just your average run of the mill housewares and such now..... Like a larger Family Dollar with some cheap furniture thrown in.


That's sad. Big Lots used to be great for finding cheap deals on all sorts of weird stuff that didn't sell at regular retailers.
 
2020-12-04 12:12:35 PM  

Joe Stapler: MBZ321: Nowadays, Big Lots is pretty boring. Just your average run of the mill housewares and such now..... Like a larger Family Dollar with some cheap furniture thrown in.

It's been that way for years.  It's not inexpensive overstock, it's full of stuff made specifically for the store.  Most often, they are not great deals.


I miss the concept of cheap overstock or mild defects etc that used to make outlets awesome places.
 
2020-12-04 2:16:02 PM  
Haven't been in a BL in years - they all closed around here. Grew up with them and I kinda miss 'em.
 
2020-12-04 3:18:00 PM  
They have competitive pricing for lots of housewares. We go there for bedding. In fact I surprised myself by finding a perfectly comfortable mattress at a good discount.

I used to go when I didn't know what I wanted, and was up for some random. The stock is more consistent than in the before times, but for the most basic stuff, including kitchen gadgets, I can save some bucks with good hunting.
 
2020-12-04 4:14:19 PM  

Chakan: Thenixon: Then why is it currently down 9% for the day?

The markets (algorithms?) rarely make much sense.


They sold so many shares they broke the algorithm, according to the my pillow  guy
 
2020-12-04 6:46:32 PM  

MBZ321: Mad_Radhu: When I was growing up, my family lived in Welch, WV for a while, a little city deep in the coal fields. We often went to Big Lots, and they have some interesting stuff to pick up. For example, I got one of these for cheap as a kid:

[Fark user image image 300x283]

As far as discount stores were, it wasn't a bad store. Definitely worth getting dressed up for.

Nowadays, Big Lots is pretty boring. Just your average run of the mill housewares and such now..... Like a larger Family Dollar with some cheap furniture thrown in.


Ollie's is the one that does the odd lot and overrun buys now.  Their stores are not always easy to shop, but you can find some deals if you have the time.
 
2020-12-04 7:52:15 PM  

SBinRR: MBZ321: Mad_Radhu: When I was growing up, my family lived in Welch, WV for a while, a little city deep in the coal fields. We often went to Big Lots, and they have some interesting stuff to pick up. For example, I got one of these for cheap as a kid:

[Fark user image image 300x283]

As far as discount stores were, it wasn't a bad store. Definitely worth getting dressed up for.

Nowadays, Big Lots is pretty boring. Just your average run of the mill housewares and such now..... Like a larger Family Dollar with some cheap furniture thrown in.

Ollie's is the one that does the odd lot and overrun buys now.  Their stores are not always easy to shop, but you can find some deals if you have the time.


I have Ollie's near me and yeah, they are a bit better, but still a lot of cheap crap for the sake of being cheap, or crap like Walmart brand buyouts. A new one popped up in my area called Ocean State Job Lot but they are about the same as Big Lots.
 
2020-12-04 11:01:06 PM  

SBinRR: MBZ321: Mad_Radhu: When I was growing up, my family lived in Welch, WV for a while, a little city deep in the coal fields. We often went to Big Lots, and they have some interesting stuff to pick up. For example, I got one of these for cheap as a kid:

[Fark user image image 300x283]

As far as discount stores were, it wasn't a bad store. Definitely worth getting dressed up for.

Nowadays, Big Lots is pretty boring. Just your average run of the mill housewares and such now..... Like a larger Family Dollar with some cheap furniture thrown in.

Ollie's is the one that does the odd lot and overrun buys now.  Their stores are not always easy to shop, but you can find some deals if you have the time.


It really reminds me of the old Williamsburg Pottery
 
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