Lenny Sisilli on LinkedIn: Big Lots’ billion-dollar Broyhill play ...

BIG things happening with Broyhill! ... Lenny Sisilli’s Post ... Big Lots 74,266 followers 1y Edited We're so proud of the ...

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Blog: What’s In A Name? About A Billion Dollars, If It’s The Right One

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Oct 11, 2021 · That nearly doubled this year to $750 million, and Big Lots is projecting Broyhill to be a $1 billon brand in 2022. The brand will also serve as the tip of the spear in the retailer’s …

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Big Lots Sees $1B Business In Broyhill - Home News Now

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Sep 1, 2020 · He indicated Broyhill and the furniture category overall played a big role in the retailer’s blowout fiscal second quarter ended Aug. 1. Revenues for the period jumped 31.3% …

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Broyhill Sales Top $400M As Big Lots Closes Out Best Year

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Mar 9, 2021 · COLUMBUS, Ohio — Back in August, Big Lots CEO Bruce Thorn said its Broyhill brand would do $250 million in its first year on the retailer’s floor and eventually it could grow …

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FAQs about Lenny Sisilli on LinkedIn: Big Lots’ billion-dollar Broyhill play ... Coupon?

Does big Lots have a Broyhill brand?

COLUMBUS, Ohio — In the short time since its acquisition of the Broyhill brand in 2019, Top 100 retailer Big Lots has already found new waters to navigate. ...

Will Broyhill grow into a $1 billion business?

COLUMBUS, Ohio — Back in August, Big Lots CEO Bruce Thorn said its Broyhill brand would do $250 million in its first year on the retailer’s floor and eventually it could grow into a $1 billion business. Six months later, one thing has changed. ...

How much is Broyhill worth?

“Broyhill is $750 million this year in the balance between soft home and seasonal categories. It will be a billion-dollar brand next year,” he said. In addition to furniture, the Broyhill brand has been extended into other categories, including placemats, candles, bath textiles, area rugs and more. ...

Is Broyhill getting bigger?

While Broyhill is big and only getting bigger for the retailer, there were plenty of other nuggets presented in the full-year report, explaining the record year and fueling a 7% jump in the stock price last Friday (followed by another nearly 7% gain Monday, up by $4.24 to $66.29 per share). ...

Is Broyhill a good brand?

In the fourth quarter, Broyhill had a strong impact on the overall furniture category, which was up 15% over the previous year. The brand, introduced less than a year ago, represented 17% of the total furniture business, including 30% of upholstery sales, Thorn said. What’s more, the brand is more than furniture now. ...

How is Big Lots positioning its furniture and home furnishings?

And with its two new brands to showcase, Big Lots is positioning its furniture and home furnishings prominently in its stores, while paying special attention to making sure Broyhill is merchandised properly. “We’ve focused on keeping furniture in the middle of the store. ...