Thread regarding Big Lots Inc. layoffs

How is Big Lots doing financially?

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Post ID: @OP+13vRBWSy

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Good, but not great. Stock closed @ 22.79 yesterday. Still struggling to lure investors. Fourth Quarter and 2019 Year-end figures to be announced next week. Bruce, or someone with common sense, decided to postpone SOTF rollouts for 2020 in the Ohio, Indiana, and Michigan Region. It is WAY too costly to spend 150K-400K per store to proceed with the Store Of The Future project. Big Lots doesn't own the building at 90-something percent of our stores. Why spend that huge chunk of change to do a SOTF remodel, when we may not be able to renew our leases at many locations? That money would be better spent purchasing the properties at our higher performing stores. Then they would be tangible assets that could be sold at some point in the future, if necessary.

Post ID: @dfda+13vRBWSy

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