Big Lots, Inc. (NYSE:BIG)
The Company manages its business on the basis of one segment: broadline closeout retailing. Its wholesale operations are conducted through Big Lots Wholesale, Consolidated International, and Wisconsin Toy, with online sales.
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Stock is in trouble. No one goes to the store down the street, Every time I am walking by the store it is empty.
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Big got off to a slow start but over the las t several months has gained momentum do to a larger offfering of sought after goods at more than reasonable prices coupled with a change in vision of management.
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Discount stores are a good pick in a bad economy. Big Lots keeps a flexible inventory and good retail locations.
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