by Mike Duff | Sep 23, 2024 | Retail Articles
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. ...
by Mike Duff | Aug 26, 2024 | Retail Articles
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...
by Mike Duff | Jun 12, 2024 | Retail Articles
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...
by Mike Duff | May 13, 2024 | Retail Articles
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....
by Mike Duff | Dec 7, 2023 | Retail Articles
Ollie’s Bargain Outlet Holdings posted earnings and revenues that topped a Wall Street estimate, citing strong closeout deal flow from suppliers and growing demand from value-conscious consumers. Net income advanced to $31.8 million, or 51 cents per diluted share,...
