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A second San Diego-area store opened in Kearny Mesa in 1958 followed by the opening of other stores in San Diego and the rest of Southern California. Membership requirements were dropped in the 1960s and FedMart become a non-membership discount store. [8] In October 1968, the company opened its 36th store in Window Rock, Arizona. [1]
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.
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The franchise has dozens of locations in the San Jose area and Southern California.
In 1997, Consolidated Stores Corporation bought out the remaining MacFrugals stores for $995 million (~$1.75 billion in 2023) in stock. [1] In 2002, Big Lots (formerly Consolidated Stores) converted them into the Big Lots brand. [2] in 2020, Pic ‘N’ Save was revived as a bargain store, as of 2023, it has two locations in United States
James Read founded the company on June 11, 1946, in San Francisco, California. [3] [4] [6] He bought government surplus food products and sold them in previously vacant stores throughout San Francisco. [3] [6] [13] He named his new company Cannery Sales. [6] [13] In 1970, Cannery Sales acquired Globe of California and renamed it Canned Foods.
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