Ollie’s Bargain Outlet: The Retailer of Branded Products at Heavily Discounted Prices is Expected to Benefit From Weakening Consumer Spending

Ollie's Bargain Outlet is well-positioned to benefit from the turbulence in retail by acquiring inventory at low prices and expanding its store presence. Ollie's plans to open 56 new stores in 2025, utilize its new distribution center, and grow its loyal customer base, including younger shoppers. Ollie's Army loyalty program grew to over 15.1 million members, with member sales accounting for over 80% of total revenue. Ollie's Bargain Outlet (NASDAQ: OLLI) is a retailer specializing in closeouts and excess inventory. The company sells...