Ollie's Bargain Outlet Holdings, Inc. operates a chain of value-oriented retail stores under the Ollie's Bargain Outlet name. The company purchases closeout, excess, overstock, discontinued and salvage merchandise from manufacturers, distributors and other retailers, allowing it to offer products at discounted prices.
Its merchandise assortment typically includes housewares, food, hardware, toys, seasonal goods, apparel, health and personal-care products, books, flooring and other home-related items. Product selection can vary by store and changes frequently, reflecting the closeout and opportunistic nature of the company’s sourcing model. Ollie's also operates an e-commerce website featuring a selection of its products.
Ollie's was founded in 1982, with its first store opening in Mechanicsburg, Pennsylvania. The company has expanded from its Pennsylvania roots into a multistate retail network serving customers primarily in the eastern and central United States. John Swygert serves as president and chief executive officer.
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