Big Lots, Inc. BIG New York Consolidated Big Lots
Post# of 98051
Big Lots, Inc. BIG New York Consolidated
Big Lots, Inc., through its wholly owned subsidiaries, operates as a broadline closeout retailer. As of February 2, 2013, the company operated a total of 1,574 stores in 2 countries, the United States of America (U.S.) and Canada. In the U.S. segment, the company evaluates and reports overall sales and merchandise performance based on various key merchandising categories, such as food, consumables, furniture, home, seasonal, hardlines & toys and electronics & other. The food category includes the food and specialty food departments. The consumables category includes the health and beauty, plastics, paper, chemical, and pet departments. The furniture category includes the upholstery, mattresses, ready-to-assemble, and case goods departments. The home category includes the domestics, stationery, and home decorative departments. The seasonal category includes the lawn & garden, Christmas, summer, and other holiday departments. The hardlines & toys category includes the toys, appliances, tools, paint, and home maintenance departments. The electronics & other category consists of the electronics, jewelry, infant accessories, and apparel departments, as well as the results of certain large closeout deals that the company typically acquires through its alternate product sourcing operations. Real Estate In 2011, the company acquired 89 stores in Canada. In 2012, it continued its new store expansion activities in the U.S. and reviewed its portfolio of stores acquired in Canada. Advertising and Promotion The company’s primary trademarks, including the Big Lots family of trademarks, has been registered with the U.S. Patent and Trademark Office and are either registered or pending registration with the Canadian Intellectual Property Office. The company’s customer list, which it refer to as the Buzz Club in the U.S., is an major marketing tool that allows it to communicate with its customers, including email delivery of its circulars. Seasonality The seasonality of the company’s net sales and related merchandise inventory requirements influences its availability of and demand for cash or access to credit. The company expects that borrowings would vary throughout 2013 depending on various factors, including its seasonal need to acquire merchandise inventory prior to the peak selling season, and the timing and amount of sales to its customers. History Big Lots, Inc. was founded in 1967.
StockCall Study on Wal-Mart, Big Lots, TJX Companies, and Companhia Brasileira de Distribuicao
LONDON, March 25, 2013 /PRNewswire via COMTEX/ -- After a mixed holiday season, retailers have seen an increase in sales in the first two months of 2013. Retail sales in February rose more than forecast as an improving labor market boosted consumer confidence. With the economic outlook continuing to improve, retailers such as Wal-Mart Stores Inc. (NYSE: WMT), Big Lots Inc. (NYSE: BIG), and The TJX Companies Inc. (NYSE: TJX) can expect a solid year ahead. Consumer spending in Brazil has also been strong even as the economy has shown signs of weakness. Brazil-based grocery retailer Companhia Brasileira de Distribuicao (NYSE: CBD) has benefited from this trend. On Friday, U.S. retailers ended mostly higher, while shares of Companhia Brasileira de Distribuicao struggled. StockCall free coverage on WMT, BIG, TJX, and CBD is available upon registration at
http://www.stockcall.com/register
Among the retailers that rose sharply on Friday was Wal-Mart Stores Inc. Shares of the world's largest retailer rose 1.57% to finish the day at $74.28 on volume of 7.33 million. The company's shares rose to an intra-day high of $74.29. The stock is currently trading close to its 52-week high of $77.60. Shares of WMT outperformed the broad market last week, gaining nearly 2.50%. Year-to-date, the stock has once again outperformed the broad market, gaining more than 9.50%. The stock's MACD has just crossed above the signal line, which is a strong bullish signal. Download the free technical research on WMT by signing up at
http://www.StockCall.com/WMT032513.pdf
Shares of Big Lots Inc. edged higher in trading on Wednesday; however, the gains were limited. The stock closed 0.31% higher at $35.61 on volume of 573,792. Big Lots Inc.'s shares have traded in a tight range over the past couple of weeks. The stock has been struggling to break through $36 resistance level. Despite struggling in the last couple of weeks, the company's shares have had an excellent run so far in 2013. Year-to-date, the stock has gained more than 25%, compared to a gain of nearly 9.20% for the S&P 500. Register now and get access to the free analysis on BIG at
http://www.StockCall.com/BIG032513.pdf
Shares of The TJX Companies Inc. rose sharply in trading on Friday, touching a 52-week high of $46.85. The stock finished the day 2.21% higher at $46.62 on above average volume of 6.69 million. TJX's shares rose more than 3.75% last week, outperforming the broad market. The stock outperformed the broad market for the year as well, gaining more than 10%. TJX Companies' shares have broken through $45.50, which has been a stiff resistance level for the stock in the past. This is a strong bullish signal. Sign up and read the complimentary report on TJX at
http://www.StockCall.com/TJX032513.pdf
Shares of Companhia Brasileira de Distribuicao were among the major losers on Friday. The stock fell to an intra-day low of $51.74 before finishing the day 2.58% lower at $51.83 on above average volume of 1.14 million. The stock fell 3.3% last week. Despite the recent losses, Companhia Brasileira de Distribuicao shares have gained more than 16.70% this year. Technical indicators for the stock, however, are currently giving bearish signals. The free report on CBD can be downloaded by signing up now at
http://www.StockCall.com/CBD032513.pdf
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As of Thursday, 03-21-2013 23:59, the latest Comtex SmarTrend Alert, an automated pattern recognition system, indicated a DOWNTREND on 04-24-2012 for BIG @ $35.90.
As of Thursday, 03-21-2013 23:59, the latest Comtex SmarTrend Alert, an automated pattern recognition system, indicated a DOWNTREND on 05-09-2012 for CBD @ $44.07.
As of Thursday, 03-21-2013 23:59, the latest Comtex SmarTrend Alert, an automated pattern recognition system, indicated a DOWNTREND on 05-14-2012 for TJX @ $40.39.
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KEYWORD: United States of America
SUBJECT CODE: INO