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...
The first quarter produced solid results at Ollie’s Bargain Outlet Holdings, which advanced comparable sales and earnings while adding new stores. Net income was $46.3 million, or 75 cents per diluted share, versus $31 million, or 50 cents per diluted share, in the...
Court filings with the United States Bankruptcy Court for the District of Delaware indicate 99 Cents Only debtors have settled on a stalking-horse arrangement with Ollie’s Bargain Outlet, Inc. and OBO Ventures for certain assets of the defunct dollar store operation....
