Big Lots CEO on how President Trump's tariffs are impacting the discount retailer
Big Lots CEO on how President Trump's tariffs are impacting the discount retailer

Lisa Seigies, president and CEO of Variety Wholesalers, which purchased Big Lots after it filed for bankruptcy last year, speaks to “CBS Mornings” about reopening stores and the impact of President Trump’s tariffs.
Read the full article on CBS US
Truth Analysis
Analysis Summary:
The article's accuracy is mixed. The claim about the CEO discussing Trump's tariffs is plausible and supported by the title. However, the claim that Variety Wholesalers purchased Big Lots after it filed for bankruptcy last year is contradicted by available sources, which suggest Big Lots was considering bankruptcy but did not necessarily file. There is a moderate bias due to the focus on Trump's tariffs, potentially framing them as a primary cause of Big Lots' challenges.
Detailed Analysis:
- Claim:** Lisa Seigies, president and CEO of Variety Wholesalers, speaks about the impact of President Trump's tariffs.
- Verification Source #1 and #3: These sources mention "Big Lots CEO on how President Trump's tariffs are impacting the discount retailer," supporting the claim that the CEO discusses the tariffs.
- Claim:** Variety Wholesalers purchased Big Lots after it filed for bankruptcy last year.
- Verification Source #1 and #3: These sources state that Variety Wholesalers purchased Big Lots. However, Verification Source #5 indicates that Big Lots was *considering* filing for bankruptcy, but doesn't confirm that it actually happened. This suggests the claim about bankruptcy is inaccurate.
- Claim:** (Implied) Trump's tariffs are significantly impacting Big Lots.
- Verification Source #1 and #3: These sources suggest the CEO discusses the impact of Trump's tariffs. Verification Source #2 and #4 provide general information about Trump's tariffs. However, none of the sources explicitly quantify the impact on Big Lots, making it difficult to verify the *significance* of the impact.
Supporting Evidence/Contradictions:
- Verification Source #1 and #3: Support the claim that the CEO is discussing the impact of Trump's tariffs.
- Verification Source #5: Contradicts the claim that Big Lots filed for bankruptcy, stating that they were *considering* it.
- Verification Source #2 and #4: Provide context on Trump's tariffs but do not directly address their impact on Big Lots.
- Agreement: Verification Source #1 and #3 agree that the CEO is discussing the impact of Trump's tariffs.
- Disagreement: Verification Source #5 contradicts Verification Source #1 and #3 regarding Big Lots filing for bankruptcy.
- Lack of Coverage: None of the sources quantify the specific impact of Trump's tariffs on Big Lots' financial performance.