Jim Swift

As we begin 2025, e-commerce continues to be a significant cornerstone in retail with trends driven by evolving consumer habits and rapid technological advancements. Customers continue to discover more online, and opportunities to purchase quickly follow. Recent retail reports show continued growth in e-commerce sales. This is a trend I believe will persist through the…

For many retailers, including Big Lots, store closures and restructuring are not just unfortunate outcomes but necessary strategies to maintain profitability and relevance. Store closures are often part of a broader strategy to realign resources and focus on more profitable locations. Retailers can identify underperforming locations and strategically close them to optimize their footprint by…