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Ollie's Bargain Outlet Inc. is a privately-held retail chain of bargain outlet stores. Founded in 1982, Ollie's Bargain Outlet Inc. is headquartered in Harrisburg, Pennsylvania.
| Year Founded: | 1982 |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 1YR Employee Growth Rate: | View % |
| City: | Harrisburg |
| State/Province: | Pennsylvania |
| Country: | United States |
| Phone: | View |
| Fax: | View |
| Website: | www.ollies.us |
| Retail > Specialty Retail > Other Specialty Retail, Other |
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| * | Ollie's Bargain Outlet Inc. fiscal year end: 12/31 |
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$99 Single Company AccessInstant Full Site-Wide Access| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Oct. 2012 | Completed | View | View | Acquisition Leveraged Buyout (LBO) Management Buyout (MBO) | View |
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$99 Single Company AccessInstant Full Site-Wide AccessBackground
Ollie's Bargain Outlet is a chain of retail stores founded by Morton Bernstein in 1982 in Harrisburg, Pennsylvania. Ollie's Bargain Outlet retail stores offer surplus merchandise at discounted prices. The goods offered by Ollie’s are obtained from various retailers, suppliers or manufacturers throughout the country, whether in the form of closeouts, bankruptcy sales or other similar means of buying stock at below wholesale costs. Its vast assortment of goods includes books and stationery, housewares, floor coverings, food and sweets and hardware, and various other consumer retail products.
Revenue Model
The traditional business model of the retail industry involves purchasing large quantities of products through wholesale channels, marking up prices, and then garnering profits through the selling of these marked-up, wholesale products through customer purchases. Rather than buying bulk quantities of its inventories from manufactures, Ollie’s Bargain Outlet… Continue Reading →
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