The company took over dozens of leases at the start of the year, and openings have been “smoother than we had anticipated,” executives said.

"These stores are off to a very strong start," Ollie's CEO Eric van der Valk said of the new stores during an earnings call on June 3. "We appear to be benefiting from the fact that these are warm ...

Ollie’s confirmed the company purchased 40 of the Big Lots leases, including the one in DuBois, on Shaffer Road. The company also revealed it will convert to an Ollie’s, dropping the Big Lots ...

Ollie’s Bargain Outlet Holdings reported stable earnings in FY2024. The defensive earnings could prove to be valuable in a time of increasing consumer uncertainty. Big Lots' bankruptcy process ...

In February, Ollie’s Bargain Outlet said it would be buying 40 former Big Lots store locations. Fernando Cervantes Jr. is a trending news reporter for USA TODAY. Reach him at fernando.cervantes@ ...

Variety Wholesalers, which acquired a portion of Big Lots' assets, is considering further acquisitions due to the success of the reopened stores. Ollie's Bargain Outlet also acquired 40 Big Lots ...

Aldi bought three Big Lots stores in Michigan. Ollie's Bargain Outlet Holdings, Inc. bought 63 Michigan Big Lots stores. "Having established a strong working partnership with Big Lots, we executed ...

Ollie’s new stores are performing well, especially when it comes to the former Big Lots locations. For the quarter, total capital expenditures came in at $27 million, with the majority of that ...