OLLI Adds 8 Big Lots Stores to Portfolio: What it Means for Investors

Ollie's Bargain Outlet Holdings, Inc. (OLLI) is set to add another feather to its cap by acquiring leases for eight former Big Lots locations, obtained through a recent bankruptcy auction. This acquisition represents the second phase of Big Lots' ongoing restructuring efforts, which have involved the closure of 170 stores. OLLI is waiting to receive the final approval for these eight stores from the United States Bankruptcy Court. Deeper Look at OLLI's Recent Expansion With the addition of these stores, Oll ...