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 | 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...
