Big Lots (BIG)

Add a New Bulls Reason Company: Big Lots (BIG) Current price: Headline: (100 character max) Analysis: Cancel 0% agree 0 votes   Recession Brings Lower-Priced Supply of Closeout Merchandise from Other Distressed Retailers Top Contributor: Helen Han | Created when NYSE:BIG was $14.05 | Edit | History The soft retail environment and economic downturn of 2008 has hit many general retailers hard, pushing some into bankruptcy, such as in the case of Circuit City and KB Toys. As stores rush to liquidate the excess inventory from the weak Christmas holiday shopping season, BIG's supply of closeout merchandise has become larger as well as lower-priced, allowing it to have higher profit margins as the cost of acquiring merchandise is lowered. (100 character max) Cancel 0% agree 0 votes   Discounted Retailers Benefit from the Consumer Trade Down Effect during Recessions Top Contributor: Helen Han | Created when NYSE:BIG was $16.06 | Edit | History A discounted retailer of home furnishings, BIG benefits from consumers who want to reduce spending during the current economic downturn. Compared to non-discount retailers, BIG has not suffered as much of a loss, with its sales only decreasing 0.8% in Q3 2008, ended November 1, 2008. (100 character max) Cancel

Wikinvest © 2006, 2007, 2008, 2009. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.