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Ollie's Bargain Outlet Holdings, Inc., commonly referred to as Ollie's Bargain Outlet is an American chain of discount closeout retailers.It was founded in Mechanicsburg, Pennsylvania, in 1982 by Morton Bernstein and Mark L. Butler with backing from Harry Coverman and Oliver E. "Ollie" Rosenberg; the latter of whom is the namesake of the company.
The assets of Building #19 were acquired by Ollie's Bargain Outlet. [14] As of June 2022, nearly all Building #19 locations have been demolished or redeveloped into supermarkets, storage facilities, or other discount stores. The Pawtucket location and its signage still stands, although without any identifiable Building #19 characteristics.
Nov. 22—ASHTABULA — Eager shoppers lined up outside the doors of Ollie's Bargain Outlet Thursday morning for the grand opening. Ken North, district manager for Ollie's Bargain Outlet in ...
Ollie's Bargain Outlet on pace to replace Big Lots. ... Golf course owner takes over Lakeshore Lanes. Crystal Lake Golf Course owner Tyler Luedtke stands by a golf cart, Thursday, July 27, 2023 ...
Mark Butler became the CEO of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) in 2003. First, this article will compare CEO compensation with compensation at similar sized companies. Next, we ...
Mark Butler, CEO of Ollie's Bargain Outlet, became the team's majority owner in March 2015, replacing Michael Reinsdorf who was principal owner and managing partner; the purchase price was not disclosed. [10]
On May 24, 2024, Ollie's Bargain Outlet announced that they would be acquiring 11 former 99 Cents Only leases, most of which are set to open by the end of 2024. [20] On May 29, 2024, Dollar Tree announced that they would be purchasing leases of up to 170 of closed 99 Cents Only locations across 4 states. The company will reopen the closed ...
The new Ollie’s Bargain Outlet in New Bedford pays homage to Building #19, the popular chain of discount stores that ended its 50-year run in 2013.. Ollie’s opens this Wednesday at 9 a.m. at ...