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EXCESS SPACE RETAIL SERVICES RETAINED BY BIG LOTS

 
LAKE SUCCESS, New York Big Lots, Inc has selected Excess Space Retail Services, Inc. (ESRS), the leading consulting and advisory firm specializing in real estate disposition and lease restructuring for retailers nationwide to exclusively manage the disposition of 7 locations with an aggregate of 97,666 square feet located in 5 states across the nation.

These stores range in size from 5,000 to 34,997 square feet and are located in California, Illinois, Nevada, Pennsylvania, and Texas. Heading the real estate disposition assignment for ESRS will be Justin Glenn, Director, from the firm's East Coast Office in Lake Success, New York.

About Excess Space Retail Services, Inc.

Founded in 1992, Excess Space, with offices in Lake Success, New York and Huntington Beach, California, has set the industry standard for providing leading national and regional retailers with "best-in-class" real estate disposition, lease restructuring and lease renewal services. During the company's 15-year history, Excess Space has successfully disposed of and restructured leases for over 130 national and regional retailers. For more information about the privately held firm, call Al Williams at (866) 594-9800 ext. 211 or reference the company's Web site at www.excessspace.com.

About Big Lots, Inc. (NYSE: BIG)

Big Lots, Inc., through its subsidiaries, operates as a broadline closeout retailer in the United States. The company offers products under six merchandising categories: Consumables, Home, Furniture, Hardlines, Seasonal, and Other. The Consumables category includes food, health and beauty, plastics, paper, and pet departments. The Furniture category comprises upholstery, mattresses, ready-to-assemble, and case goods departments. The case goods consist of bedroom, dining room, and living room furniture. The Hardlines category includes electronics, appliances, tools, and home maintenance departments. The Seasonal category includes lawn and garden, Christmas, summer, and other holiday departments. The Other category comprises toys, jewelry, infant accessories, and apparel departments. As of February 2, 2008, it operated 1,353 stores. The company was founded in 1967 and is based in Columbus, Ohio.

For specific information about the Big Lots project please contact Justin Glenn at (800) 435-8384 ext. 237.