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Big Lots blamed several economic factors for its bankruptcy, including high inflation and interest rates. That has led customers to change their purchasing behavior.

BIDENOMICS!

1 posted on 09/09/2024 6:33:15 AM PDT by Diana in Wisconsin
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To: Diana in Wisconsin
Yes, once upon a time Big Lots was full of bargains. No more.

2 posted on 09/09/2024 6:36:08 AM PDT by Governor Dinwiddie (LORD, grant thy people grace to withstand the temptations of the world, the flesh, and the devil.)
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To: All

My current ‘purchasing behavior’ is to keep food on the table by shopping Loss Leaders and growing my own, buying gasoline once a week at the same station at the same time of day to ‘dollar cost average’ the selling price and to keep my house warmer in the Summer and cooler this coming Winter.

Wool socks, sweatshirts and wool caps indoors will be my ‘fashion statement’ this coming Winter. Extra quilts on the bed and a few cats thrown on there for body heat.

*SPIT*

“Help us, Obi-Wan Trump! You’re our only hope!”


3 posted on 09/09/2024 6:41:02 AM PDT by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set.)
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To: Diana in Wisconsin
It’s also why McDonald’s has been struggling while casual chains like Applebee’s have been growing.

We eat at Chili's several times a month. Their 'Old Timer with Cheese' Burger deal with drink and appetizer (salad, soup or chips & salsa) for $10.99 beats all the Fast Junk Food places hands down!....................

4 posted on 09/09/2024 6:42:57 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: Diana in Wisconsin

Creditors screwed


6 posted on 09/09/2024 6:46:59 AM PDT by bert ( (KE. NP. +12) Where is ZORRO when California so desperately needs him?)
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To: Diana in Wisconsin

I always heard that in bad economic times, the discount stores actually increased business because this is where people still could shop. The luxury brands or faux luxury brands are the ones that go out of business.


7 posted on 09/09/2024 6:47:07 AM PDT by Opinionated Blowhard (When the people find that they can vote themselves money, that will herald the end of the republic.)
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To: Diana in Wisconsin

when the stores that provide so many lower income buyers with the things that make life more bearable at a price more can afford you just KNOW that a livable and moderately happy lifestyle has become unaffordable to the masses. the current slate of politicians would do well to realize and consider that this same dilemma for the great “unwashed” and the political “solutions” to it is what led to the French revolution and the consequent beheadings of the very leaders who thought they could “put one over on the uneducated”. our illustrious elitist leaders of today and their media sycophants have stated as much. “the people just don’t understand how much their dear leaders have done to make their lives more bearable” is the refrain AND chorus of the current media figures who love to point out that the general population is just too dumb to understand that being crushed by our own government is actually GOOD for us. perhaps the French had a point. now where is that confounded guiotine when you need one.


10 posted on 09/09/2024 6:50:57 AM PDT by Qwapisking ("IF the Second goes first the First goes second" L.Star)
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To: Diana in Wisconsin

Inflation:

=

Saving by one stop shopping trips for all necessities:


11 posted on 09/09/2024 6:54:46 AM PDT by Varsity Flight ( "War by 🙏 the prophesies set before you." I Timothy 1:18. Nazarite warriors. 10.5.6.5 These Days)
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To: Diana in Wisconsin; SaveFerris; PROCON

Chapter 11

I thought that accountant was sniffing a lot.


12 posted on 09/09/2024 6:55:00 AM PDT by Larry Lucido (Donate! Don't just post clickbait!)
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To: Diana in Wisconsin

We have a local chain called ‘Ollie’s’ that is what Big Lots used to be.

There’s a Big Lots within walking distance of my house...........................


13 posted on 09/09/2024 7:05:53 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: Diana in Wisconsin

Not ro mention having stores in an urban en where lawlessness runs rampant.


18 posted on 09/09/2024 7:35:41 AM PDT by DownInFlames (P)
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To: Diana in Wisconsin

Pretty much, if not all of the Big Lots here in western Washington have got ‘store closing’ signs and they’ve had them up for the last month.


19 posted on 09/09/2024 7:39:18 AM PDT by hoagy62 (Don't let evil win again!)
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To: Diana in Wisconsin

Nexus Capital Management is acquiring “substantially all” of Big Lots stores and business operations?.

What do they know what’s coming down the pike?.


24 posted on 09/09/2024 9:12:11 AM PDT by Vaduz
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To: Diana in Wisconsin

They were going downhill when they starting selling furniture, and their food and house chemical prices started rivaling those of non discount stores. Then the dollar stores took the low end single use market away.
Big Lots! was better when it was known as pic’n save. One could always find a decent product at a very good price at a pic n save.


25 posted on 09/09/2024 10:08:50 AM PDT by Getready (Wisdom is more valuable than gold and harder to find.)
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To: Diana in Wisconsin; Red Badger

I hope the one on Navy Boulevard in Warrington, Florida doesn’t close. They have Victor Allen coffee K-cups cheaper than at Wal-mart, and the store is less than 5 miles from my house.


26 posted on 09/09/2024 10:15:03 AM PDT by Tolerance Sucks Rocks (FBI out of Florida!)
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To: Diana in Wisconsin

We stopped shopping there regularly years ago after they removed the hardware section of their store. That was my husband’s favorite part, and they had some good bargains on unusual items. I always enjoyed their food section, because they had unusual items not found elsewhere. Now they’re basically a furniture store with a few miscellaneous sections.


34 posted on 09/09/2024 2:34:24 PM PDT by Flaming Conservative ((Pray without ceasing))
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