Retail took some surprising twists in 2024, as the view forward from 2023 didn’t reveal how the way forward would have so many twists and turns. Of course, some developments fell into old patterns and some weaker retailers fell by the wayside. Meanwhile, an...
Ollie’s recorded a third-quarter earnings gain that topped Wall Street estimates, but the company missed on revenue as comparable sales declined. Ollie’s also confirmed a planned chief executive officer transition from John Swygert to Eric van der Valk is on...
In a filing with the United States Bankruptcy Court for the District of Delaware, Big Lots identified leases it is ready to depart and stores it is ready to close, now combining for a total of nearly 500. After initially listing 179 leases it was prepared to reject,...
Ollie’s has announced that it will open ten of its off-price stores in Texas, all of which are former 99 Cents Only locations the company acquired. The new Ollie’s stores will operate in the Dallas, Houston, McAllen and San Antonio markets, the company noted. ...
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...
