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Ollie's Bargain Outlet announced the acquisition of 40 Big Lots store leases amid the struggling retailer's bankruptcy.
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CLEVELAND, Ohio — Ollie’s Bargain Outlet is purchasing dozens of former Big Lots locations, including one in Northeast Ohio, according to reports.
Last year, store closures outpaced openings with a net loss of 1,355 stores, according to Coresight. JLL calculates nearly 140M SF will return to the market, with roughly 4,300 announced closures of ...
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Should the plans for these 40 locations go through, the buyer will have acquired a total of 63 Big Lots store leases.
Ollie's Bargain Outlet, a discount retailer known for selling name-brand goods, is opening its first store in Maine. Ollie's ...