Big Lots Inc. It was founded in 1967 by Sol Shenk, who began selling closeout merchandise in Ohio. Today, the company has evolved into a leading discount retailer with over 1,400 stores across the United States and an online presence.

The company's headquarters is located in Columbus, Ohio. The headquarters houses various departments including merchandising, finance, marketing, and more. It serves as the central hub for decision-making and strategic planning for the company's operations.

Big Lots offers a wide range of products across multiple categories, including furniture, home decor, electronics, toys, clothes, food, and more. The company focuses on providing customers with value and convenience by offering discounted prices on brand-name and private-label merchandise. On a global scale, Big Lots primarily operates in the United States, with its stores spread across 47 states.

The company does not have any noteworthy subsidiaries, joint ventures, or partnerships outside of the United States. In terms of market position, Big Lots is a significant player in the discount retail sector. It competes with other major retailers like Walmart, Target, and Dollar General.

While these competitors have broader product offerings and a larger number of stores, Big Lots differentiates itself with its focus on closeout merchandise and discounted prices. Throughout its history, Big Lots has undergone various changes and expansions. In recent years, the company has invested in improving their store layouts, expanding their furniture departments, and enhancing their online presence.

These strategic moves have helped the company to consistently grow its customer base and increase sales. As of the latest updates, Big Lots continues to operate as a prominent discount retailer in the United States. The company closely monitors consumer trends and adjusts its product lineup to meet customer demands.

With its commitment to providing value to customers, Big Lots remains a strong player in the retail industry