Big Lots (BIG) is a well-known discount retailer headquartered in Columbus, Ohio. The company operates 1400+ stores in 47 states, selling products across the following merchandising categories: Furniture, Seasonal, Soft Home, Food, Consumables, Hard Home, and Electronics, Toys & Accessories. Two of the three activist hedge funds, Macellum Advisors and Ancora Capital, that went after Bed Bath and Beyond (BBBY) are now coming after this discount retailer to execute “big” changes at Big Lots. The activist group laid out actionable/practical recommendations to the management team and shareholders in an open