Big Lots

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Headquarters: 300 Phillipi Road Columbus, Ohio 43228 Employees: 40,000 CEO: Steven Fishman Stock Symbol: BIG Website: http://www.biglots.com Career Site Big Lots operates 1,353 broadline closeout stores in 47 states. It also operates a Wholesale Division and an online business-to-business wholesale Web site. Stores are located across the country in cities large and small and in all kinds of neighborhoods. They range in size from 20,000 to 60,000 square feet, with annual per-store sales averaging $3.8 million. In 2001, the company changed its name from Consolidated Stores Corporation to one national brand: Big Lots. The company has also made upgrades with wide aisles, improved lighting, quick checkout, and better service. In fiscal 2007, Big Lots had revenue of $4.74 billion and net loss of $158.5 million. History Sol Shenk founded the company in 1967 that is now Big Lots. In 1982, Consolidated Stores Corporation launches the Odd Lots closeout retail chain, with the first Odd Lots located in Columbus, OH. The company makes its first public offering in 1985 on the American Stock Exchange and introduced the Big Lots name. Benefits - Medical Plan - Dental Plan - Vision Plan - 401(K) Savings Plan with company match - Company-Paid Life Insurance - Paid sick days - Associate discounts - Paid holidays and floating holidays - Educational assistance Updated March 5, 2008