Big Lots, Inc. (BIG) Misses Q3 EPS by 14c; Plans to Exit Canadian Operations

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Big Lots Inc. (BIG) to Eliminate 1600 Workers as Exits Canada

December 6, 2013 8:20 AM EST

Big Lots Inc. (NYSE: BIG) said during its Q4 conference call it plans to eliminate 1600 positions, citing closure of its Canadian operations.

The company said Q4 views assume a lower gross margin rate.... More