by Mike Duff | Feb 4, 2025 | Retail Articles
Ollie’s Bargain Outlet Holdings appointed Eric van der Valk president and CEO, adding him to the company’s board of directors. In addition, Ollie’s named John Swygert, who had been CEO before the van der Valk appointment, executive chairman of the board, the company...
by Chandler Harvey | Dec 20, 2024 | Retail Articles
Retail took some surprising twists in 2024, as the view forward from 2023 didn’t reveal how the way forward would have so many twists and turns. Of course, some developments fell into old patterns and some weaker retailers fell by the wayside. Meanwhile, an...
by Mike Duff | Dec 13, 2024 | Retail Articles
Ollie’s recorded a third-quarter earnings gain that topped Wall Street estimates, but the company missed on revenue as comparable sales declined. Ollie’s also confirmed a planned chief executive officer transition from John Swygert to Eric van der Valk is on...
by Mike Duff | Oct 9, 2024 | Retail Articles
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,...
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. ...