Big Lots BIG , a retailer with more than 1,400 US stores, saw sales stagnate in recent years but experienced record sales growth during its most recent quarter, gaining market share from rivals. Furniture is Big Lots' biggest business. This broad range of items helps Big Lots distinguish itself from traditional home decor and furniture sellers, as well as grocers, analysts say. Big Lots also offers closeout merchandise, which it scoops up from manufacturers when they produce too much of an item or discontinue a line. At an average of 25,000 square feet, Big Lots stores are a little smaller than a typical supermarket.

Source: CNN September 04, 2020 15:00 UTC