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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 original store (A. Leon Company at 244 King Street) was a dry goods outlet, which subsequently converted to furniture sales. [7] Leon's original store was staffed primarily by his family. When he died in 1942, he left the company to his children. [8] After expanding the original location, they built new stores in Southwestern Ontario.
In 2006, 24 stores were rebranded as "The Brick" in a strategic attempt to save on advertising costs and increase sales. [7] On November 11, 2012, The Brick announced that competitor Leon's would acquire the company for $700 million subject to approval of shareholders. Following the acquisition, Leon's maintains the two separate chains. [8]
L.L.Bean opened its first outlet store in North Conway, New Hampshire, in 1988. As of 2024, the company has 60 locations in 19 U.S. states, plus 22 stores in Japan and 13 stores in Canada. [34] The brand is also distributed in about 200 partner stores, such as Nordstrom. [35]
The Outlets at Wind Creek Bethlehem – Bethlehem (2011–present) Oxford Valley Mall – Middletown Township (1973–present) Palmer Park Mall – Easton (1973–present) Park City Center – Lancaster (1971–present) Parkway Center Mall – Pittsburgh (1982–2013) Philadelphia Premium Outlets – Limerick Township (2007–present, outdoor)
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An outlet store, factory outlet or factory store is a brick and mortar or online store where manufacturers sell their merchandise directly to the public. Products at outlet stores are usually sold at reduced prices compared to regular stores due to being overstock , closeout , returned , factory seconds , or lower-quality versions manufactured ...
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