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 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: