This article is based on corporate postings and accredited media reports. Linked information within this article is attributed to the following outlets: WinsightGroceryBusiness.com and Facebook.com.
I write extensively about the state of U.S. retail and discount chains.
In that spirit, now comes word that a new Ollie's Bargain Outlet has opened in Iowa. This new store, it can accurately be stated, is historic for the company.
Let us explore.
Ollie's Bargain Outlet, 2023
According to a September 29th report from WinsightGroceryBusiness.com, the new Iowa opening represents a company milestone due to being its 500th national store.
As excerpted from the report: Ollie's Bargain Outlet Holdings, Inc. continued its new-store growth this week, opening its 500th store and edging closer to its goal of 1,050 stores nationwide. The grand opening of its newest store was held in Iowa City, Iowa, at 1660 Sycamore Street.
The report includes an official statement from John Swygert, President and CEO of the company: “It’s a very exciting week for Ollie’s as we open our 500th store in Iowa—our 30th state—and we are grateful to our team members and customers who have helped us reach this important milestone.”
In the event of pertinent updates to this matter, I will share them here on NewsBreak.
Thank you for reading.