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Ollie's Bargain Outlet Holdings, Inc., commonly referred to as Ollie's Bargain Outlet is an American chain of discount closeout retailers.It was founded in Mechanicsburg, Pennsylvania, in 1982 by Morton Bernstein and Mark L. Butler with backing from Harry Coverman and Oliver E. "Ollie" Rosenberg; the latter of whom is the namesake of the company.
Closeout (sale) A closeout or clearance sale (also called a closing down sale in the United Kingdom [1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale), over-ordering, or especially because of bankruptcy. [2]
Tuesday Morning Corporation was an American household merchandise discount home goods store headquartered in Dallas, Texas.Founded in 1974, Tuesday Morning once had over 700 locations across the country and advertised itself as having high quality products at low prices.
The store also utilizes a discounting program that drops the prices on items by specific percentages depending on the time they have been on shelves. The company will eventually discount its merchandise on a 30, 60, and 90 day cycle (30 days gets 30% off, 60 days gets 60% off, etc.).
Bargain Hunt (retail store) Ben Franklin (company) Bi-Mart. Big Lots. BJ's Wholesale Club. Bottom Dollar Food. Burlington (department store)
In 2000, Consolidated Stores Corp. sold the KB Toys and Toy Liquidators lines to Bain Capital. [15] [16] A year later, Consolidated Stores Corp. changed its name to Big Lots, Inc. and its ticker symbol from CNS to BLI. [17] [18] In the latter part of 2005, Big Lots closed 170 stores, including all free-standing Big Lots Furniture specialty ...
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