Big Lots Acquires Hearthsong Toy Inventory Reinforcing its Commitment to Extreme Values in Latest Closeout Deal
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In a strategic move reflecting
deep closeout heritage, the retail and liquidation pioneer has purchased award-winning toy company Hearthsong's full inventory, valued at more thanBig Lots '$22 million . -
The acquisition brings the entire collection of high quality indoor and outdoor children's toys to
Big Lots stores for the first time, ahead of the upcoming spring/summer sales season.
The inventory from Hearthsong, known for its high quality toys that unlock kids' imaginations, will mean the addition of more than 500 new SKUs available in
"We're reclaiming our bargain heritage, and with this impressive acquisition from Hearthsong, our extreme value sourcing team of closeout buyers is delivering on our promise to own closeouts and bring dynamic, innovative products at unmatched prices to our customers," said
"We're pleased to bring this strategic acquisition of Hearthsong toys at never-before-seen closeout prices to our customers and their families this season. Our team's approach to innovative sourcing and the trust of our partners has been a winning combination. Like our price-savvy customers, we're continually on the hunt for new deals and bargains," commented Marks. "Whether you're a manufacturer, wholesaler, retailer, lender or the professionals that serve them, Big Lots Extreme Value Sourcing Team is here to deliver 'end-user' recoveries at speed."
Selections of Hearthsong toys will be available at
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