Expansion Opportunities Big Lots is actively opening new stores across multiple states including Florida, Virginia, North Carolina, and West Virginia, indicating ongoing geographic expansion. This presents opportunities to provide localized supply chain services, promotional partnerships, and store-inventory solutions to support their rapid growth.

Asset Revitalization The company recently sold assets to Ollie's Bargain Outlet, suggesting a strategic refocusing on core retail operations. Exploring partnerships in liquidation and overstock sourcing could help Big Lots optimize inventory management and reduce unsold stock.

Market Shift With a significant number of store closures in Florida and the Northeast, Big Lots is shifting its footprint. This creates potential for sales of store fixtures, equipment, and inventory clearance services to assist in efficient transitions.

Digital Infrastructure Big Lots employs a variety of tech tools including Microsoft, Linux, and cloud services like Apple iCloud, which indicates an investment in digital infrastructure. Offering data analytics, customer engagement solutions, or IT modernization services could enhance their operational efficiency.

Competitive Positioning As one of the largest off-price retailers with over 10,000 employees and $10 billion in revenue, Big Lots competes directly with Dollar General and Family Dollar. Offering tailored promotional and pricing technologies could help differentiate their shopping experience and capture increased market share.