Ollie's Bargain Outlet store count boosts results as it buys up Big Lots locations Provided by Dow Jones Dec 10, 2024, 7:30:00 AM ...

In total, Ollie’s acquired 40 former Big Lots locations through auction in the bankruptcy process. So far, 18 of those locations have been reopened as new Ollie’s Bargain Outlet stores.

Ollie’s Bargain Outlet Holdings, Inc. announced the acquisitions from Gordon Brothers, a liquidation firm handling the sale of Big Lots locations, on Feb. 27.

Ollie’s Bargain Outlet reported a 7.8% increase in revenue for its third quarter as it continues to expand its store count — with the help of former Big Lots locations.

Ollie’s Bargain Outlet Holdings, Inc. announced the acquisitions from Gordon Brothers, a liquidation firm handling the sale of Big Lots locations, on Feb. 27.