Our Bargain Heritage
In 1967, Sol Shenk founded Consolidated International, Inc. — the company that is now Big Lots. He’s considered one of the true visionaries in the discount retail marketplace.
In 1967, Sol Shenk founded Consolidated International, Inc. — the company that is now Big Lots. He’s considered one of the true visionaries in the discount retail marketplace.
Sol Shenk loved making extreme closeout deals, particularly on auto parts and vehicles. In 1970, the company began operating as Consolidated International. Consolidated launched the Odd Lots/Big Lots closeout chain in 1982. Over the years the chain grew to include stores doing business as Big Lots, Odd Lots, Mac Frugal’s Bargains *Closeouts, and Pic ‘N’ Save.
In 2001 our array of store names and company identity were converted to a single national brand: Big Lots. For our customers, a common national brand represents consistency and buying power. And for our 30,000 associates, the Big Lots name reinforces a shared company culture from coast to coast.
From our closeout store roots to our entrance into discount retailing, our core purpose of helping people save money on all kinds of products has stayed the same. But with the rising cost of goods, the needs of our customers have changed dramatically. Today we offer an extensive assortment of brand-name items and quality products, including food, furniture, seasonal items, electronics and accessories, home décor, toys, and gifts at unbeatable prices. Our customers may be on a tight budget, or they may just enjoy our treasure-hunt atmosphere. Either way, they love the surprise and delight they find in every aisle.