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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.
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 ...
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 ...
July 31, 2024 at 4:05 AM. 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 ...
Several years after the chain shut, formerly competing Ollie's Bargain Outlet opened a store in Worcester, Massachusetts which is branded as "Ollie's Bargain Outlet @ Building #19.” It is an actual former Building #19 location and is intended to pay homage to the now-defunct chain. [12]
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.
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