Discount retailers are closing shop as financially constrained consumers pull back their spending, with Big Lots the latest to take a hit. The discount chain...
As consumers continue to be concerned about their financial situations, shoppers are looking for deals and discounts even when making major purchases such as buying...
Consumer spending is beginning to show signs of recovery going into the summer, but major retailers are not getting their hopes up. Findings from the...
As retailers see consumers trim spending on large-ticket items, many shoppers are turning to secondhand channels to make large purchases such as home furnishings. By...
Still feeling strain on their budgets from ongoing macroeconomic challenges, consumers are cutting out pricy nonessential purchases, according to Big Lots. On Thursday (June 6),...
U.K. and U.S. retailers are reportedly finding that deep discounts aren’t enough to woo consumers. “Even the strongest and highest profile brands up and down the country...
As ongoing economic challenges have continued to affect consumer behavior, PYMNTS Intelligence finds that deal-seeking behavior has long since become mainstream. By the Numbers PYMNTS...
Big Lots will continue its “extreme bargains” campaign into 2024 as it looks to improve sales. The discount retailer on Thursday (March 7) released earnings that...
Big Lots says its quarterly earnings show the impact of a cautious consumer. The discount retailer’s numbers, released Thursday (Nov. 30), showed comparable sales down 13.2%, as...