Big Lots Net Worth (Updated 2026).

Big Lots, a prominent American retailer, traces its roots back to 1967 when it was founded as “Overstock Clearance Center” in Ohio. The company started as a small, family-owned business, focusing on liquidating overstock merchandise from major retailers. This unique business model allowed it to offer deeply discounted prices to customers, quickly establishing a reputation for bargain hunting shoppers.

In the late 1980s, the company expanded its operations, opening more stores and diversifying its product offerings. In 1995, it rebranded as “Big Lots” to reflect its growth and broader appeal. This strategic move helped the company gain national recognition and attract a wider customer base. By the late 1990s, Big Lots had become a household name, known for its vast array of products at bargain prices, and had expanded to over 1,400 stores across the United States.

Big Lots’ Current Net Worth (2025)

As of 2025, Big Lots’ current net worth is estimated to be around $4.5 billion. This figure takes into account the company’s assets, liabilities, and equity, providing a snapshot of its overall financial health.

Career

Big Lots, originally known as Consolidated Stores Corporation, was founded in 1967. It started as a closeout retailer, offering discounted merchandise to customers. Over the years, the company has expanded its product range to include furniture, electronics, and other home goods. Today, Big Lots operates over 1,400 stores across the United States and Canada.

Other Ventures

In addition to its retail stores, Big Lots has ventured into e-commerce, operating an online platform that allows customers to shop from the comfort of their homes. The company has also introduced a loyalty program, the “Welcome Rewards” program, to engage and reward its customers.

Assets

Big Lots’ assets primarily consist of its extensive retail store network, which includes both company-owned and leased properties. The company also holds significant inventory and equipment necessary for its operations. As of 2025, Big Lots’ total assets are estimated to be around $6.5 billion.

Annual Income

Big Lots generates its annual income primarily through retail sales. In its fiscal year 2020, the company reported total revenue of $5.3 billion. Despite the challenges posed by the COVID-19 pandemic, Big Lots’ online sales surged, contributing to its overall revenue growth.

Frequently Asked Questions about  Big Lots

**Frequently Asked Questions: Big Lots Net Worth**

1. What is Big Lots’ net worth?

Big Lots’ net worth is estimated to be around $1.5 billion.

2. How many stores does Big Lots operate?

As of 2021, Big Lots operates over 1,400 stores in 49 states.

3. What is the average size of a Big Lots store?

The average Big Lots store is about 35,000 square feet, but sizes can vary.

4. When was Big Lots founded?

Big Lots was founded in 1967 and originally operated as a closeout retailer under the name “Odd Lots”.

5. Who is the current CEO of Big Lots?

Jonathan D. Roberts is the current CEO of Big Lots, having taken on the role in 2019.

6. What are the main product categories sold at Big Lots?

Big Lots offers a wide range of merchandise, including furniture, home decor, electronics, toys, and seasonal items.

7. How does Big Lots source its products?

Big Lots sources its products from a variety of suppliers, including manufacturers, importers, and liquidators. They also have their own private label brands.

8. Does Big Lots offer online shopping?

Yes, Big Lots has an online store where customers can shop for a wide range of products. They also offer in-store pickup and delivery options.

9. What is Big Lots’ revenue?

Big Lots’ annual revenue is approximately $5 billion.

10. How many employees does Big Lots have?

Big Lots employs around 12,000 people across its stores and corporate offices.