Big Lots' home business poised to be key in Q4

Columbus, Ohio - Home is showing promise at Big Lots, with the category's comp up in the low single digits during the recent third quarter.

During the 1,445-unit chain's earnings call this morning, chairman, ceo and president Steve Fishman singled home out as "an important part of Q4."

Furniture comps for the quarter were also up in the low single digits, driven by sales of mattresses and fireplaces.

"We've strategized to grow this business for the holiday selling season, and I continue to believe furniture is one of our biggest growth categories over the next several quarters and years," Fishman said.

Still, consumables are increasingly becoming a core business, and Big Lots' assortment has steadily become broader.

Home and furniture are also becoming a focal point in the company's recently acquired 85-unit Canadian operation, Big Lots Canada, where both categories along with seasonal and toys are getting "positive customer feedback."

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Featured Video

  • 1200 Suppliers are Ready for You at Intertextile Shanghai

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.

CURRENT ISSUE

HTT August 2017

See the August 2017 issue of Home & Textiles Today. In this issue, we look at the Top 50 Retailing Giants Report, plus Manufacturing: Made in the USA gaining ground; International: Portugal ramping up exports; New products: NY Now home textiles introductions; Outlook: Commentary from H&TT's editors; and Planning: Trade show calendar.

See details!