Home helps propel Big Lots 1Q sales
May 6, 2010,
Columbus, Ohio — Closeout specialty retailer Big Lots reported an 8.1% increase in fiscal first-quarter sales to $1.22 billion, citing furniture and home as its best-performing categories during the period.
Big Lots chairman, ceo and president Steve Fishman said he was pleased with the same-store sales gain and the continued momentum in business.
"By offering a merchandising assortment that is highly discretionary in nature, we believe our business is uniquely positioned to benefit from an improving economy," he said.
Furniture and home were the leading categories during the quarter, he said, each with double-digit percentage increases.
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