Ollie's Bargain Outlet Secures 11 Stores from Bankruptcy Auction
Ollie's Bargain Outlet Holdings Inc has successfully acquired eleven former 99 Cents Only stores in a bankruptcy auction. The deal, valued at $14.6 million in cash, aligns with Ollie’s strategy to expand, maintaining their target of 50 new store openings, minus two planned closures, for fiscal year 2024.
![Ollie's Bargain Outlet Secures 11 Stores from Bankruptcy Auction](https://devdiscourse.blob.core.windows.net/aiimagegallery/24_05_2024_11_54_14_0739275.png)
Ollie's Bargain Outlet Holdings Inc : * OLLIE'S BARGAIN OUTLET WINNING BIDDER IN BANKRUPTCY AUCTION TO ACQUIRE ELEVEN FORMER 99 CENTS ONLY STORES
* OLLIE'S BARGAIN OUTLET HOLDINGS INC: PROPOSED DEAL FOR $14.6 MILLION IN CASH * OLLIE'S BARGAIN OUTLET HOLDINGS INC - ARE MAINTAINING OUR TARGET OF 50 NEW STORES, LESS TWO PLANNED CLOSURES, FOR FISCAL 2024 Source text for Eikon: Further company coverage:
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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