As it continues adding stores, Ollie’s Bargain Outlet Holdings has opened a new, approximately 615,000-square-foot distribution center in Princeton, IL. Ollie’s pointed out that the DC is a crucial part of its growth plan and supports nationwide...
While announcing substantial growth intentions, Burlington Stores posted third-quarter earnings and revenues just shy of a Wall Street estimate but with strong comparable sales growth. Net income was $48.6 million, or 75 cents per diluted share, versus $16.8 million,...
As the company maintains westward expansion, BJ’s Wholesale Club announced that its first Alabama store will open Friday in Madison. Over the past two years, BJ’s has moved beyond the company’s East Coast market area, opening its first stores in Michigan and...
In its annual forecast for the celebratory selling season, Deloitte estimates that 2023 holiday retail sales will increase between 3.5% and 4.6% during 2023. Overall, Deloitte’s retail and consumer products practice projects sales will hit $1.54 to $1.56...
In driving store growth, Ace Hardware has already opened over 100 new stores in 2023, and is planning to open more than 170 by the end of the year, the company indicated as it prepares for its annual convention. The company has opened more than 1,100 stores in the...
