Скачать или смотреть The Decline of Big Lots: How a Discount Giant Collapsed | The Venture Vault

*The Decline of Big Lots: How a Discount Giant Collapsed | The Venture Vault*

For decades, Big Lots was a bargain hunter’s paradise—a place where you never knew what you’d find but always left with a deal. Yet by 2024, the once-thriving discount retailer faced an uncertain future, buried under debt, struggling to compete, and ultimately filing for bankruptcy. What went wrong?

In this deep dive, we unravel the rise and fall of Big Lots—from its humble beginnings as a closeout empire to its ill-fated pivot into furniture, mismanaged expansion, and digital missteps that sealed its fate. How did this discount legend go from a beloved treasure trove to a liquidation fire sale? And what lessons can other businesses learn from its downfall?

🔍 *Inside this episode:*
The origins of Big Lots and its rise as a closeout king
The shift away from its bargain-hunting identity
The impact of e-commerce and evolving competition
The pandemic surge that led to a disastrous overexpansion
The financial missteps that forced it into bankruptcy

As the final clearance sales roll out and thousands of employees face an uncertain future, we explore the bigger question: Is there still room for the classic discount model in today’s fast-changing retail landscape?

📩 *What do you think?* Could Big Lots have survived with a different strategy, or was it doomed from the start? Drop your thoughts in the comments below!

🔔 Don’t forget to *like, subscribe, and hit the notification bell* for more corporate deep dives from The Venture Vault.

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