CONSOLIDATED STORES CORP /DE/
8-K, 1996-11-22
VARIETY STORES
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<PAGE>   1



                     SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C. 20549

                                  Form 8-K

                                CURRENT REPORT

   Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

     Date of Report (Date of earliest event reported): November 19, 1996


                       CONSOLIDATED STORES CORPORATION
           (Exact name of registrant as specified in its charter)



         Delaware                      1-8897                06-1119097       
- -----------------------------  ------------------------ ------------------------
(State or other jurisdiction   (Commission File Number) (IRS Identification No.)
      of incorporation)


    1105 North Market Street, Suite 1300
               P. 0. Box 8985
               Wilmington, DE                                     19899   
   (Address of principal executive offices)                    (Zip Code)


 Registrant's telephone number, including area code: (302) 478-4896

                              Not applicable
          (Former name or former address, if changed since last report.)




Form 8-K                         Page 1 of 3


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Item 5.   Other Events

          On November 19, 1996, Consolidated Stores Corporation announced
          a 5 for 4 stock split of the Company's shares of common stock to be
          effected by a distribution of additional shares on December 24,
          1996, to stockholders of record on December 10, 1996.  The press
          release is attached hereto as Exhibit 99.



 Item 7.  Financial Statements and Exhibits.

    (c)   Exhibits.

          Exhibit 99     Press Release dated November 19, 1996



                                 SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                          CONSOLIDATED STORES CORPORATION 
                                                                           
                                                                           
Dated: November 21, 1996                   By: /s/ Michael J. Potter       
                                               -----------------------------
                                               Michael J. Potter           
                                               Sr. Vice President and Chief
                                                 Financial Officer         

                              INDEX TO EXHIBITS
- ----------------------------------------------------------------------------
 Exhibit                                                            Page 
   No.                           Description                         No. 
- --------  ------------------------------------------------------------------

   99      The Company's Press Release dated November 19, 1996         3



Form 8-K                          Page 2 of 3



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                                                                      EXHIBIT 99
                                                                      ----------


               CONSOLIDATED STORES CORPORATION ANNOUNCES 5 FOR
               -----------------------------------------------
                                4 STOCK SPLIT
                                -------------



Columbus, Ohio - November 19, 1996 - Consolidated Stores Corporation (NYSE:
CNS) Board of Directors declared and authorized a 5-for-4 split of the
Company's shares of common stock to be effected by a distribution of additional
shares on December 24, 1996, to stockholders of record on December 10,
1996.

Consolidated Stores Corporation, a leading value retailer specializing in toys
and close-out merchandise, operated a total of 1,981 stores in all 50 states
and Puerto Rico.  Stores by division consist of: 1,185 toy stores operating as
KAY-BEE TOYS, KB TOY WORKS and KB TOY LIQUIDATORS; 599 BIG LOTS and ODD
LOTS; 74 ITZADEAL! specialty retail stores and, 123 ALL FOR ONE single price
point retail stores.  Wholesale operations are conducted through CONSOLIDATED
INTERNATIONAL and WISCONSIN TOY. 






Form 8-K                          Page 3 of 3



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