About Big Lots
Big Lots is a company based in Columbus (United States) founded in 1967 by Sol Shenk was acquired by Gordon Brothers in January 2025.. Big Lots has completed 1 acquisition, including Hearthsong.
- Headquarter Columbus, United States
- Founders Sol Shenk
- Stage Public
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Big Lots, Inc.
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Annual Revenue
$4.72 B-13.65as on Jan 31, 2023
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Net Profit
$-481.88 M-128.69as on Jan 31, 2023
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EBITDA
$-234.94 M-199.1as on Jan 31, 2023
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Latest Funding Round
$2.34 M (USD), Post-IPO
Sep 27, 2018
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Investors
Gordon Brothers
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Gordon Brothers
(Jan 09, 2025)
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IPO & Listings of Big Lots
Big Lots is a publicly listed company on the OTC with ticker symbol BIGGQ in USA, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Leadership Team
16 people
Human Resources and Administration
9 people
Software Development Team
6 people
Operations Team
4 people
Senior Team
3 people
Finance and Accounting
2 people
Sales and Marketing
2 people
Assistant Team
2 people
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Funding Insights of Big Lots
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $2.3M
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First Round
First Round
(27 Sep 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2018 | Amount | Post-IPO - Big Lots | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Big Lots
Big Lots has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Gordon Brothers and Putnam. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Diversified investment management services are offered by Putnam firm.
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Founded Year | Domain | Location | |
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Asset investment management and financial services are provided to clients.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Big Lots
Big Lots has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Hearthsong. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of kids toys, swings, games, and more to nurture every child's sense of imagination and creativity
|
1983 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Big Lots
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Big Lots Comparisons
Competitors of Big Lots
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Big Lots
Frequently Asked Questions about Big Lots
When was Big Lots founded?
Big Lots was founded in 1967 and raised its 1st funding round 51 years after it was founded.
Where is Big Lots located?
Big Lots is headquartered in Columbus, United States. It is registered at Columbus, Ohio, United States.
Who is the current CEO of Big Lots?
Bruce Thorn is the current CEO of Big Lots.
What is the annual revenue of Big Lots?
Annual revenue of Big Lots is $4.72B as on Jan 31, 2023.
What does Big Lots do?
The company was established in 1967 in Columbus, Ohio, within the retail sector. Discount merchandise, including packaged foods, beverages, toys, furniture, clothing, housewares, and small electronics, is sold through 1,464 stores across 47 U.S. states, an online platform, and a wholesale division for bulk resale. In 2021, annual revenues of 6.19 billion and net profit of 0.62 billion were achieved.
Is Big Lots publicly traded?
Yes, Big Lots is publicly traded on OTC under the ticker symbol BIGGQ.
How many acquisitions has Big Lots made?
Big Lots has made 1 acquisition, including Hearthsong.
Who are Big Lots's investors?
Big Lots has 2 investors. Key investors include Gordon Brothers, and Putnam.
What is Big Lots's ticker symbol?
The ticker symbol of Big Lots is BIGGQ on OTC.