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Big Lots Acquires Hearthsong Toy Inventory Reinforcing its Commitment to Extreme Values in Latest Closeout Deal

PRIVATEFeb 22, 2024

Acquiring Company

Big Lots

Acquired Company

Hearthsong

ColumbusUnited StatesE CommerceGroceryRetailManufacturing

Description

Big Lots, Inc. has closed a deal to acquire the entire inventory of the award-winning Hearthsong brand of children's toys, reinforcing the company's commitment to sourcing extreme bargains for consumers and adding more than 500 new SKUs to be offered at extreme value pricing ranging from 50%-70% less than original retail. This strategic move further signals Big Lots' commitment to delivering dynamic, innovative products at unmatched prices to its customers.

Quick answer

Big Lots is acquiring Hearthsong, announced February 22, 2024. Big Lots is based in Columbus, Ohio, United States.

How much did Big Lots pay for Hearthsong?
The deal value was not disclosed.
What does Big Lots do?
Headquartered in Columbus, Ohio, Big Lots, Inc. (NYSE: BIG) is a discount retailer operating approximately 1,400 stores in 47 states with product assortments in the merchandise categories of Furniture, Seasonal, Soft..
Where are Big Lots and Hearthsong based?
Big Lots is based in Columbus, Ohio, United States. Hearthsong is based in United States.

Source: Fundz verified event record.

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Company Information

Company

Big Lots

Location

Columbus, Ohio, United States

About

Headquartered in Columbus, Ohio, Big Lots, Inc. (NYSE: BIG) is a discount retailer operating approximately 1,400 stores in 47 states with product assortments in the merchandise categories of Furniture, Seasonal, Soft Home, Food, Consumables, Hard Home, and Electronics, Toys & Accessories. Our mission is to help people Live BIG and Save Lots. We strive to be the BIG difference for a better life by delivering unmatched value to our customers through surprise and delight, being a “best places to work” culture for our associates, rewarding our shareholders with consistent growth and top tier returns, and doing good in our communities as we do well. For more information about the Company, visit www.biglots.com.

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Frequently asked

Who acquired Hearthsong?

Hearthsong was acquired by Big Lots, based in Columbus. The deal was reported on February 22, 2024. Headquartered in Columbus, Ohio, Big Lots, Inc. Big Lots is privately held and operates in E Commerce.

When did Big Lots acquire Hearthsong?

Big Lots's acquisition of Hearthsong was reported on February 22, 2024. Big Lots, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Hearthsong do?

At Hearthsong, we believe that kids’ greatest superpower is their ability to imagine bigger. We’ve put our hearts into sharing larger-than-life, awe-inspiring experiences that impart a sense of wonder in kids and the people in their lives. It is privately held, operating in Manufacturing, and is based in United States.

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