Ollie’s Bargain Outlet (OLLI) announced the acquisition of 40 former Big Lots store leases from Gordon Brothers. The acquisition of the additional store leases is subject to final bankruptcy court approval and customary closing conditions. Including the 40 additional Big Lots locations, the company has acquired a total of 63 former Big Lots store leases to date.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OLLI:
- China retaliates with tariffs on U.S., Merck falls after earnings: Morning Buzz
- Palantir upgraded, Nio downgraded: Wall Street’s top analyst calls
- Ollie’s Bargain Outlet downgraded to Hold from Buy at Jefferies
- Ollie’s Bargain Outlet Announces Leadership Changes
- Ollie’s Bargain Outlet appoints Eric van der Valk as President, CEO