0000768835-13-000094.txt : 20131125 0000768835-13-000094.hdr.sgml : 20131125 20131125170512 ACCESSION NUMBER: 0000768835-13-000094 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20131125 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20131125 DATE AS OF CHANGE: 20131125 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BIG LOTS INC CENTRAL INDEX KEY: 0000768835 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-VARIETY STORES [5331] IRS NUMBER: 061119097 STATE OF INCORPORATION: OH FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-08897 FILM NUMBER: 131241692 BUSINESS ADDRESS: STREET 1: 300 PHILLIPI ROAD STREET 2: P.O.BOX 28512 CITY: COLUMBUS STATE: OH ZIP: 43228-0512 BUSINESS PHONE: 614-278-6800 MAIL ADDRESS: STREET 1: 300 PHILLIPI ROAD STREET 2: P.O.BOX 28512 CITY: COLUMBUS STATE: OH ZIP: 43228-0512 8-K 1 big-8xkxcmoannouncementx11.htm 8-K BIG - 8-K - CMO Announcement - 11.25.13


 


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): November 25, 2013


BIG LOTS, INC.
(Exact name of registrant as specified in its charter)

 
 
 
Ohio
1-8897
06-1119097
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
 
 
 


300 Phillipi Road, Columbus, Ohio 43228
(Address of principal executive offices) (Zip Code)

(614) 278-6800
(Registrant's telephone number, including area code)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 







Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b)    See the disclosure in Item 8.01 below regarding John C. Martin.


Item 8.01    Other Events.

On November 25, 2013, the Company issued a press release announcing the hiring of Richard Chene as its Executive Vice President, Chief Merchandising Officer. With the hiring of Mr. Chene, Mr. Martin, the incumbent Executive Vice President, Chief Merchandising Officer, will no longer serve in that role, but he will assist with an orderly transition and act in an advisory capacity until January 3, 2014, at which point his employment will terminate. A copy of the press release is included as Exhibit 99.1 to this Current Report on Form 8-K.


Item 9.01    Financial Statements and Exhibits.

 
(d)
Exhibits
 
 
 
 
 
 
 
 
 
 
 
Exhibits marked with an asterisk (*) are furnished herewith.
 
 
 
 
 
 
 
 
Exhibit No.
 
Description
 
 
 
 
 
 
 
 
 
 
Big Lots, Inc. press release dated November 25, 2013.
 
 
 
 
 
 


Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
 
 
BIG LOTS, INC.
 
 
 
 
Date: November 25, 2013
By:
/s/ Timothy A. Johnson
 
 
 
Timothy A. Johnson
 
 
 
Senior Vice President and Chief Financial Officer
 
 
 
 
 



EX-99.1 2 exhibit991-pressrelease112.htm EXHIBIT 99.1 Exhibit 99.1 - PressRelease 11.25.13



Exhibit 99.1
PRESS RELEASE
 
 
 
 
FOR IMMEDIATE RELEASE
 
 
Contact: Andrew D. Regrut
 
 
 
 
Director, Investor Relations
 
 
 
 
614-278-6622
 
 
 
 
 
 


BIG LOTS NAMES RICHARD CHENE AS CHIEF MERCHANDISING OFFICER

Columbus, Ohio, November 25, 2013 -- Big Lots, Inc. (NYSE: BIG), North America’s largest broadline closeout retailer, today announced the appointment of Richard Chene as Executive Vice President, Chief Merchandising Officer. Mr. Chene will oversee all merchandising and global sourcing strategies and execution including the development and attraction of talent for the organization.

“Our edit to amplify merchandising strategy will focus on businesses that are top-of-mind with our target customer, Jennifer, and provide her with trend right product assortments at compelling values,” said David Campisi, CEO and President. “Rich brings a wealth of experience in merchandising-related strategies that will be directly transferable to our mission to provide her with surprises in every aisle every day. He is well known in the vendor community in many of our merchandising categories, including a multitude of home-related products used in the kitchen, food preparation, tabletop, housewares, and home textiles along with food, consumables, and pet-related products. He is a lifelong merchant with command and a track record of getting results. We’re delighted to welcome him as a member of our executive leadership team.”

Prior to Big Lots, Mr. Chene was President of The Kitchen Collection, Inc., a subsidiary of NACCO Industries, Inc., which operates a chain of kitchenware stores in the United States specializing in kitchen-related and food preparation products. Mr. Chene has also held senior merchandising leadership positions with PETCO Animal Supplies, Sears Holdings Corporation, Giant Eagle, and May Company Department Stores. Mr. Chene will report directly to Mr. Campisi and will replace John Martin.

About Big Lots
Big Lots is North America’s largest broadline closeout retailer. We currently operate 1,526 BIG LOTS stores in the 48 contiguous United States, 5 BIG LOTS stores in Canada, and 74 LIQUIDATION WORLD and LW stores in Canada. For more information, visit www.biglots.com.



Shareholder Relations Department
 
300 Phillipi Road
 
Columbus, OH 43228-5311
 
Phone: (614) 278-6622 Fax: (614) 278-6666
 
E-mail: aschmidt@biglots.com
 



Cautionary Statement Concerning Forward-Looking Statements
Certain statements in this release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and such statements are intended to qualify for the protection of the safe harbor provided by the Act. The words “anticipate,” “estimate,” “expect,” “objective,” “goal,” “project,” “intend,” “plan,” “believe,” “will,” “should,” “may,” “target,” “forecast,” “guidance,” “outlook” and similar expressions generally identify forward-looking statements. Similarly, descriptions of our objectives, strategies, plans, goals or targets are also forward-looking statements. Forward-looking statements relate to the expectations of management as to future occurrences and trends, including statements expressing optimism or pessimism about future operating results or events and projected sales, earnings, capital expenditures and business strategy. Forward-looking statements are based upon a number of assumptions concerning future conditions that may ultimately prove to be inaccurate. Forward-looking statements are and will be based upon management’s then-current views and assumptions regarding future events and operating performance, and are applicable only as of the dates of such statements. Although we believe the expectations expressed in forward-looking statements are based on reasonable assumptions within the bounds of our knowledge, forward-looking statements, by their nature, involve risks, uncertainties and other factors, any one or a combination of which could materially affect our business, financial condition, results of operations or liquidity.

Forward-looking statements that we make herein and in other reports and releases are not guarantees of future performance and actual results may differ materially from those discussed in such forward-looking statements as a result of various factors, including, but not limited to, current economic and credit conditions, the cost of goods, our inability to successfully execute strategic initiatives, competitive pressures, economic pressures on our customers and us, the availability of brand name closeout merchandise, trade restrictions, freight costs, the risks discussed in the Risk Factors section of our most recent Annual Report on Form 10-K, and other factors discussed from time to time in our other filings with the SEC, including Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. This release should be read in conjunction with such filings, and you should consider all of these risks, uncertainties and other factors carefully in evaluating forward-looking statements.

You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date thereof. We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our public announcements and SEC filings.


Shareholder Relations Department
 
300 Phillipi Road
 
Columbus, OH 43228-5311
 
Phone: (614) 278-6622 Fax: (614) 278-6666
 
E-mail: aschmidt@biglots.com
 
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