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David Campisi

Thorn named Big Lots CEO

COLUMBUS, Ohio — Big Lots Inc. has named Bruce Thorn as president and chief executive officer. He is expected to officially take the positions by the end of September, when he will also be appointed as a director. Thorn succeeds David Campisi, who retired from his positions as board member, president and CEO in April.

Big Lots Q2 income beats expectations

Big Lots Q2 income beats expectations

COLUMBUS, Ohio — Big Lots Inc. on Friday said revenue declined in its second quarter on weakness in comparable-store sales. But the retailer raised its profit forecast for the full year. The company posted income from continuing operations of $22.7 million, or 51 cents per diluted share, exceeding analysts’ expectations of 45 cents a share,