BIG LOTS EXPANDS HALLOWEEN BARGAIN OFFERING WITH $11 MILLION PARTY SUPPLY CLOSEOUT
Big Lots (NYSE: BIG) has acquired its largest Halloween closeout deal ever, purchasing $11 million worth of overstock from a national party supply retailer. The deal includes hundreds of new Halloween items such as décor, costumes, and trick-or-treat essentials, which will be sold at 50-70% less than original retail prices. This acquisition positions Big Lots as the nation's largest discount Halloween retailer for the upcoming fall season.
The closeout items will be available in-store only starting mid-August, with varying assortments by location. A recent survey conducted by Big Lots reveals that 59% of U.S. shoppers plan to purchase Halloween items this year, with 85% intending to spend the same or more compared to previous years. The top merchandise categories include candy (88%), decorations (85%), and pumpkins (56%).
Big Lots (NYSE: BIG) ha acquisito il suo più grande affare di liquidazione per Halloween di sempre, acquistando $11 milioni di merce in eccesso da un rivenditore nazionale di forniture per feste. L'affare include centinaia di nuovi articoli per Halloween come decorazioni, costumi e articoli essenziali per il dolcetto o scherzetto, che saranno venduti a 50-70% in meno rispetto ai prezzi di vendita al dettaglio originali. Questa acquisizione posiziona Big Lots come il rivenditore di Halloween scontato più grande della nazione per la prossima stagione autunnale.
Gli articoli in liquidazione saranno disponibili solo in store a partire da metà agosto, con assortimenti variabili a seconda della location. Un recente sondaggio condotto da Big Lots rivela che il 59% degli acquirenti americani prevede di acquistare articoli per Halloween quest'anno, con l'85% che intende spendere la stessa cifra o più rispetto agli anni precedenti. Le principali categorie merceologiche includono caramelle (88%), decorazioni (85%) e zucche (56%).
Big Lots (NYSE: BIG) ha adquirido su mayor acuerdo de liquidación de Halloween de la historia, comprando $11 millones en exceso de inventario de un minorista nacional de suministros para fiestas. El acuerdo incluye cientos de nuevos artículos de Halloween como decoración, disfraces y artículos esenciales para el truco o trato, que se venderán a un 50-70% menos que los precios de venta originales. Con esta adquisición, Big Lots se posiciona como el mayor minorista de Halloween con descuentos del país para la próxima temporada de otoño.
Los artículos en liquidación estarán disponibles solo en la tienda a partir de mediados de agosto, con assortimentos variables según la ubicación. Una reciente encuesta realizada por Big Lots revela que el 59% de los compradores estadounidenses planea comprar artículos de Halloween este año, con el 85% que tiene la intención de gastar lo mismo o más que en años anteriores. Las principales categorías de productos incluyen dulces (88%), decoraciones (85%) y calabazas (56%).
Big Lots (NYSE: BIG)는 할로윈 최대 규모의 재고 매각 거래를 성사시켰으며, 전국 파티 용품 소매업체로부터 1,100만 달러 상당의 재고를 구매했습니다. 이 거래에는 수백 가지 새로운 할로윈 아이템이 포함되어 있으며, 장식, 의상, Trick-or-Treat 필수 아이템이 포함되며, 원래 소매 가격보다 50-70% 저렴한 가격으로 판매될 예정입니다. 이 인수로 Big Lots는 다가오는 가을 시즌을 맞이하여 미국 최대의 할인 할로윈 소매업체로 자리매김하게 되었습니다.
재고 매각 아이템은 8월 중순부터 매장에서만 판매되며, 위치에 따라 다양한 품목이 준비됩니다. Big Lots가 실시한 최근 조사에 따르면, 59%의 미국 소비자가 올해 할로윈 아이템을 구매할 예정이며, 85%는 이전 년도보다 같은 금액 또는 더 많은 금액을 지출할 계획이라고 밝혔습니다. 주요 상품 카테고리에는 사탕 (88%), 장식 (85%), 호박 (56%)이 포함됩니다.
Big Lots (NYSE: BIG) a réalisé son plus grand accord de liquidation de Halloween jamais enregistré, en achetant pour 11 millions de dollars de surplus auprès d'un fournisseur national d'articles de fête. L'accord comprend des centaines de nouveaux articles pour Halloween tels que des décorations, des costumes et des indispensables pour le trick-or-treat, qui seront vendus à 50-70% de moins que les prix de vente au détail d'origine. Cette acquisition positionne Big Lots comme le plus grand détaillant d'Halloween à prix réduit du pays pour la prochaine saison automnale.
Les articles en liquidation seront disponibles uniquement en magasin à partir de la mi-août, avec des assortiments variables selon l'emplacement. Une récente enquête menée par Big Lots révèle que 59% des acheteurs américains prévoient d'acheter des articles d'Halloween cette année, avec 85% d'entre eux ayant l'intention de dépenser autant ou plus que les années précédentes. Les principales catégories de marchandises incluent les bonbons (88%), les décorations (85%) et les citrouilles (56%).
Big Lots (NYSE: BIG) hat den größten Halloween-Auflösungsdeal seiner Geschichte abgeschlossen und 11 Millionen Dollar an Überbeständen von einem nationalen Partyzubehörhändler gekauft. Das Geschäft umfasst Hunderten von neuen Halloween-Artikeln wie Dekorationen, Kostüme und Utensilien für den Trick-or-Treat, die 50-70% weniger als die ursprünglichen Einzelhandelspreise verkauft werden. Diese Akquisition positioniert Big Lots als größten Discount-Halloween-Händler des Landes für die bevorstehende Herbstsaison.
Die Ausverkaufsartikel werden ab Mitte August nur im Laden erhältlich sein, mit unterschiedlichen Sortimenten je nach Standort. Eine kürzlich von Big Lots durchgeführte Umfrage zeigt, dass 59% der US-Käufer planen, in diesem Jahr Halloween-Artikel zu kaufen, wobei 85% beabsichtigen, dasselbe oder mehr auszugeben als in den Vorjahren. Die beliebtesten Produktkategorien sind Süßigkeiten (88%), Dekorationen (85%) und Kürbisse (56%).
- Acquisition of $11 million worth of Halloween merchandise at discounted prices
- Positioning as the nation's largest discount Halloween retailer
- Offering products at 50-70% less than original retail prices
- 59% of surveyed U.S. shoppers plan to purchase Halloween items
- 85% of shoppers intend to spend the same or more on Halloween compared to previous years
- Closeout items available in-store only, potentially limiting reach
- Varying assortment by store location may affect customer satisfaction
Insights
Big Lots'
This acquisition could significantly boost Big Lots' Q3 and Q4 revenues, potentially improving their market share in the discount retail sector. However, the success will depend on effective inventory management and marketing to drive foot traffic. The in-store-only strategy may boost brick-and-mortar sales but could limit reach in an increasingly digital market.
The survey data reveals compelling insights into consumer behavior for Halloween 2024. With
Big Lots' strategy aligns well with these trends, offering a broad range of products at attractive price points. This could appeal to both budget-conscious consumers and those looking to splurge on multiple categories. The challenge will be to convert this interest into actual sales, especially given the -time, in-store-only nature of the offer.
Big Lots' acquisition of a major party supply retailer's overstock demonstrates agility in supply chain management. By securing this closeout deal, they've not only obtained high-demand products at favorable costs but also potentially alleviated inventory pressure for the original retailer. This move showcases Big Lots' ability to capitalize on market inefficiencies and supply chain disruptions.
The strategy of weekly closeout deals and frequent inventory updates could create a 'treasure hunt' atmosphere, potentially increasing customer visit frequency. However, this approach also presents challenges in inventory management and distribution. Big Lots will need to ensure efficient allocation across stores to maximize sales and minimize unsold stock, especially given the seasonal nature of Halloween merchandise.
Closeout Deal Includes Halloween Indoor and Outdoor Décor; Children, Adult and Pet Costumes; and Trick-or-Treat Essentials For 50
Adding to its assortment of unique and popular Halloween bargains on decor, candy and more, this closeout deal positions Big Lots as the nation's largest discount Halloween retailer heading into fall. Halloween items from this closeout deal will be available in-store only for a limited time, beginning in mid-August, with assortment varying by store.
"Our ongoing efforts to find high-demand products at unbeatable prices are accelerating, with new closeout deals and truckloads of bargains arriving at stores every week," said Bruce Thorn, President and CEO, at Big Lots. "This new closeout deal significantly increases our total offering for Halloween, making this our biggest Halloween ever. Big Lots is the must-stop, one-stop destination for the broadest variety of Halloween bargains this season."
These bargains are perfectly timed as Halloween is increasingly popularity with consumers across the
ABOUT BIG LOTS
Big Lots, Inc. (NYSE: BIG) is one of America's largest off-price retailers, offering bargains on everything for the home, including furniture, décor, pantry essentials, kitchenware, pet supplies, and more. The Company fulfills its mission to help customers "Live Big and Save Lots" by strategically sourcing bargains in a variety of creative ways, such as closeouts, overstocks and manufacturer liquidations. For more information, to shop online, or to find a store near you, visit biglots.com.
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SOURCE Big Lots, Inc.
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