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BIG

Big Lots

$11.63 /

-0.475 (-3.92%)

20:03
03/23/20
03/23
20:03
03/23/20
20:03

Big Lots issues COVID-19 update

Big Lots issued an update on business operations related to the impact of COVID-19. As a provider of everyday essentials, Big Lots stores remain open with special emphasis on grocery, cleaning, pet, and health and wellness assortments. The company is closely monitoring the rapidly changing environment caused by the pandemic and has a task force in place to evolve its health and safety protocols in light of new regulations, the advice of experts, insights from its helpline, and developing industry best practices. CEO Bruce Thorn says: "We are postponing our Friends & Family event in April, which typically produces large crowds in our stores, and focusing on getting through this crisis... We're expanding our workforce across the country to support our 1400+ store network and we have made it easier to join the Big Lots family. In addition, we've enhanced the compensation program for our associates, including a special discretionary payout for bonus eligible leaders in our stores, a temporary $2.00 per hour increase for all other associates working in our stores and distribution centers, and temporarily expanding the associate discount to 30%."

BIG Big Lots
$11.63 /

-0.475 (-3.92%)

02/28/20
Fly Intel: Top five analyst downgrades
02/28/20 JPMorgan
Big Lots downgraded to Underweight on 'material' earnings risk at JPMorgan
02/28/20 JPMorgan
Big Lots downgraded to Underweight from Neutral at JPMorgan
01/21/20 KeyBanc
Big Lots downgraded to Sector Weight from Overweight at KeyBanc

TODAY'S FREE FLY STORIES

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Periodicals
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Hot Stocks
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Technical Analysis
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Technical Analysis
NYSE market internals summary » 13:16
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Conference/Events
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