Company Overview of Ollie's Bargain Outlet, Inc.
Ollie's Bargain Outlet, Inc. retails closeouts, overstocks, package changes, manufacturer refurbs, irregulars, and salvage merchandise. It offers hardware, books and stationery, carpet, domestics, food, toys, and seasonal goods. The company was founded in 1982 and is based in Harrisburg, Pennsylvania, with stores in Alabama, Delaware, Georgia, Indiana, Kentucky, Maryland, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, and West Virginia. Ollie's Bargain Outlet, Inc. operates as a subsidiary of Ollie's Holdings, Inc.
6295 Allentown Boulevard
Harrisburg, PA 17112
Founded in 1982
Key Executives for Ollie's Bargain Outlet, Inc.
Owner, Chief Executive Officer and President
Chief Financial Officer and Executive Vice President
Chief Information Officer
Vice President of Human Resources
Compensation as of Fiscal Year 2015.
Ollie's Bargain Outlet, Inc. Key Developments
Ollie's Reportedly Seeks IPO
Feb 10 15
Ollie's Bargain Outlet, Inc. is preparing for an initial public offering (IPO), according to people familiar with the matter. Ollie's, which is owned by Mark Butler, Chief Executive Officer of Ollie's and CCMP Capital Advisors, LLC is working with investment banks JPMorgan Chase & Co. (NYSE:JPM), Bank of America Corporation (NYSE:BAC) and Jefferies LLC on a potential IPO, which is expected later this year, the people said. The people requested anonymity because the matter is private. Ollie's could not be immediately reached for comment. CCMP, JPMorgan, Bank of America and Jefferies declined to comment.
Ollie's Bargain Outlet to Fill Milgen Road Vacancy Left by Kmart
Jan 2 15
Ollie's Bargain Outlet to fill Milgen Road vacancy left by Kmart. A vacancy has been filled in the Columbus retail market, with an Ollie’s Bargain Outlet opening soon in space formerly occupied by Kmart on Milgen Road. Ollie is scheduled to open Jan. 14 at 5596 Milgen Road. Manchester Square shopping center also is home to a Piggly Wiggly supermarket and a Family Dollar store. Kmart vacated the premises in 2012 as part of a major round of store closings by Sears Holdings Corp., with the Columbus store and one in Auburn, Ala., among more than 100 underperforming locations shuttered across the U.S. at that time. That left three Kmart outlets in Columbus and Phenix City and the Sears department store at Columbus Park Crossing, all of which have escaped the retailer’s belt-tightening thus far. Ollie's Bargain Outlet began preparing for its upcoming opening in Columbus last summer. A city building permit in September shows $300,000 was spent on improvements at Manchester Square. The new tenant stocks its warehouse-style stores with merchandise found through manufacturers’ excess inventory, discontinued stock and salvaged goods through insurers, according to the company’s website. That can include products recovered following a store fire.
Ollie's Bargain Outlet, Inc. Presents at 17th Annual ICR XChange 2015, Jan-13-2015 02:30 PM
Nov 20 14
Ollie's Bargain Outlet, Inc. Presents at 17th Annual ICR XChange 2015, Jan-13-2015 02:30 PM. Venue: JW Marriott Orlando Grande Lakes, Orlando, Florida, United States.
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