Soft Home Sales Struggle to Recover to Pre-Pandemic Levels Amidst Ongoing Challenges
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- Published: Saturday, 30 December 2023 16:43
Big Lots, a prominent retail player, is facing a substantial setback in its home textiles category, reporting a staggering nearly $170 million decline in sales compared to 2019. While the latest filing with the Securities and Exchange Commission (SEC) reveals a sequential improvement in soft home sales throughout 2023, the year-over-year comparison paints a challenging picture for the retailer in this particular category.