Ollie's Bargain Outlet Acquires Former Big Lots Stores

HARRISBURG, Pa., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the "Company") today announced that it was the winning bidder in a bankruptcy sale process to acquire seven former Big Lots, Inc. ("Big Lots") store leases. The seven stores were part of a bankruptcy auction for the first wave of Big Lots store closures, which included 143 stores. Six of the seven stores have already completed the sale hearing process and received final approval from the United States Ba ...