Ollie's Bargain Outlet, founded on July 26, 1982, in Mechanicsburg, Pennsylvania, by Morton Bernstein, Mark L. Butler, Harry Coverman, and Oliver E. "Ollie" Rosenberg, is a leading American discount retail chain. The company's core mission is to provide customers with significant savings on a wide variety of overstocked and closeout merchandise, including household goods, apparel, pet supplies, kitchen pantry staples, and seasonal products. With 468 locations across 29 states, Ollie's focuses on delivering real brands at real bargains to budget-conscious consumers.
Notable figures affiliated with Ollie's include its founders and the namesake Oliver E. "Ollie" Rosenberg. The company is publicly traded on Nasdaq under the ticker symbol OLLI and is a component of the S&P 400. Key achievements include substantial expansion from a single store to nearly 500 locations and a strong customer loyalty program known as Ollie's Army. Ollie's has made a significant impact on the discount retail market by offering quality products at reduced prices, thereby attracting a large and dedicated customer base.
