Big Lots 3rd-quarter Same-store Sales Up 0.7%
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TEL AVIV -- Big Lots Inc., the Columbus, Ohio, closeout retailer, reported that for the third quarter ended Oct. 30, same-store sales -- those open for at least two years at the beginning of the fiscal year -- rose 0.7%. Total sales rose 2.4% to $1.04 billion. Sales were solid in the first half of the quarter and turned volatile and inconsistent in late September through October, Chief Executive Steve Fishman said in a Thursday statement. He said he was encouraged by sales of seasonal items and holiday toys, which are key to the company's fourth-quarter holiday plans.
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- People:
- Steve Fishman
- Places:
- Columbus, Ohio
- Tel Aviv
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