Ollie's Bargain Outlet Acquires More Big Lots Leases

MT Newswires Live10-29

Ollie's Bargain Outlet Holdings (OLLI) said Tuesday it won the bidding for eight more former Big Lots store leases in a recent bankruptcy auction.

The company said the auction was part of the second wave of Big Lots store closures, which included 170 stores.

With the deal, Ollie's said it has now secured 15 Big Lots leases, pending final court approval and standard closing conditions.

Price: 89.14, Change: -0.45, Percent Change: -0.50

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment