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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.
Ollie's Bargain Outlet on pace to replace Big Lots. Discount retailer Ollie’s Bargain Outlet will replace Big Lots, 3426 Kohler Memorial Drive, which closed this fall.
Big Lots, Inc.’s (NYSE:BIG) filing for Chapter 11 bankruptcy protection could signify a growth opportunity for competitor Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI), an analyst said.
Ollie's Bargain Outlet, a brick-and-mortar discount retailer, will open a 28,000-square-foot store, its second in Wisconsin, later this year, Tom Kuypers, senior vice president of marketing, told ...
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 ...
Outlook: Ollie’s Bargain Outlet expects 2024 sales to range from $2.27 billion to $2.28 billion versus a $2.284 billion estimate (prior view: $2.276 billion – $2.291 billion).
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 ...
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