Business

Big Lots bringing big savings to SK

A national chain is coming to the South Kitsap Mall

Big Lots, the nation’s largest broadline closeout retail store, will make its Port Orchard premier June 25.

Headquartered in Columbus, Ohio, Big Lots operates more than 1,300 retail stores serving 46 states.

Michael J. Potter, chairman and CEO of Big Lots, Inc., said he’s excited about adding Port Orchard as a Big Lots home.

“We’re pleased to provide consumers in Port Orchard with an opportunity to discover the value, fun, and rewards of closeout shopping,” Potter said in a press release. “Every day, customers will find merchandise at 20 to 40 percent less than discount store prices and up to 70 percent below conventional retail prices.”

Big Lots offers customers brand name consumables, seasonal products, housewares, toys, and gifts at deeply discounted prices.

Big Lots items have included bass boats, golf carts, computers, slot machines, and furniture from a dot.com merchant who closed their business.

Potter said enthusiasts shop Big Lots stores frequently because they’re always looking for exceptional deals.

“It’s advantageous to shop our stores frequently,” Potter noted. “By aggressively pursuing deals on quality merchandise at great prices, customers never know what hidden treasures they’ll find at our stores from week to week.”

Closeout merchandise is acquired from manufacturers who want or need to reduce inventory.

Most closeout merchandise is acquired from manufacturers as a result of package changes, cancelled orders, product discontinuation, or test market products.

The Big Lots company was founded in 1967, but the name was added in 1983.

It uses four regionally based distributor centers between one and three million square feet to house a variety of products from over 3,000 manufacturers.

According to the press release, it costs an average of $650,000 to open a new store in a leased facility, and its annual sales average $2.6 million.

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