Big Lots, Inc. is a Fortune 500

Fortune 500

The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks the top 500 U.S. closely held and public corporations as ranked by their gross revenue after adjustments made by Fortune to exclude the impact of excise taxes companies collect. The list includes publicly and...

 retail corporation with annual revenues well over $4 billion.

Its department stores focus mainly on selling closeout and overstock merchandise. The company is based in Columbus, Ohio

Columbus, Ohio

Columbus is the capital of and the largest city in the U.S. state of Ohio. The broader metropolitan area encompasses several counties and is the third largest in Ohio behind those of Cleveland and Cincinnati. Columbus is the third largest city in the American Midwest, and the fifteenth largest city...

, USA

United States

The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 and currently operates over 1,400 stores in 47 states. On July 19th 2011, Big Lots became an international retailer when it bought Liquidation World, a Canadian retailer with 89 locations.

A typical store sells a wide variety of merchandise, including toys, furniture, clothing, housewares, and small electronics.