Retail Watch: Big Lots Rolling Out More Stores in Higher-End Locations

Big Lots Inc. is boosting its plans for new store openings this year, looking to spend $50 million to cover opening 90 new stores. That would be 10 more new stores than opened last year. And more so than in the past couple of years, the discount retailer is looking at opening in higher-end locations.

Speaking on an investor call this past week, Charles W. Haubiel II, legal and real estate, general counsel and corporate secretary for the discount…

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