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,...
by Mike Duff | Jan 6, 2025 | Retail Articles
In a move to keep the Big Lots banner waving, the bankrupt off-price retailer announced it closed the company’s previously announced sale agreement with Gordon Brothers Retail Partners that will enable Variety Wholesalers to acquire between 200 and 400 Big Lots...
by Mike Duff | Jan 2, 2025 | Retail Articles
After entering Chapter 11 bankruptcy protection and warning of possible liquidation, Big Lots announced it entered an agreement with Gordon Brothers Retail Partners that enables the transfer of Big Lots assets, including stores, distribution centers and intellectual...
