by Mike Duff | Apr 28, 2025 | Retail Articles
Variety Wholesalers reported it will reopen 132 Big Lots stores in May after a January agreement kept the banner in operation. Big Lots filed for Chapter 11 bankruptcy protection in September 2024. The May store reopening initiative follows on Variety Wholesalers...
by Mike Duff | Mar 24, 2025 | Retail Articles
Ocean State Job Lot has acquired 15 former Big Lots locations in eight states to help maintain its growth momentum. Already operating 159 stores across the northeastern United States, Ocean State intends to open up to 22 new stores this year, in an effort that...
by Mike Duff | Mar 20, 2025 | Retail Articles
Ollie’s Bargain Outlet declared market conditions provide it with greater opportunity in 2025 after posting lower-than expected sales and profits in its recent fourth quarter. Net income was $68.6 million, or $1.11 per diluted share, in the fourth quarter versus $76.5...
by Mike Duff | Feb 14, 2025 | Retail Articles
In an off-price retailer switch, Ollie’s Bargain Outlet has opened four new stores in Wisconsin in former Big Lots locations. The Ollie’s stores are operating in Fond Du Lac, Sheboygan, West Bend and Mount Pleasant markets. Eric van der Valk, Ollie’s...
by Mike Duff | Jan 23, 2025 | Retail Articles
Coresight Research has issued its predictions for 2025 store openings and closures by sector in the United States, with store closures up to about 15,000 and store openings steady at 5,800. Closures announced late in 2024 and early in 2025 by Party City, Big Lots,...
