Download to read offline
Uploaded byfinance50
463 views
Big_Lots_AR2005
Big Lots is a Fortune 500 company headquartered in Ohio that operates over 1,400 discount retail stores nationwide selling brand name merchandise at prices 20-40% lower than traditional retailers. In 2005, Big Lots reported net sales of $4.1 billion, a 6.8% increase from 2004, but income from continuing operations decreased 61.2% to $31.4 million due to lower profit margins. The company aims to offer customers unexpected deals through strong vendor relationships and cost controls.
