Ollie's Bargain Outlet Holdings, Inc. Opens First Iowa Store
September 27, 2023 at 12:30 pm EDT
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Ollie's Bargain Outlet Holdings, Inc. celebrates the grand opening of its 500th store in Iowa City, Iowa, Ollie's 30th state. The University of Iowa Stead Family Children's Hospital has been serving the needs of children and families for over 100 years. As Iowa's only comprehensive children's hospital, they provide services from general care to treatment of life-threatening and chronic illnesses.
Last year alone, the hospital treated more than 94,000 children. Since 2007, Ollie's has partnered with Children's Miracle Network (CMN), raising more than $4 million dollars to support 90 children's hospitals nationwide. Ollie's is asking shoppers to donate online to CMN to benefit University of Iowa Stead Family Children' Hospital and help them reach their total goal of $20,000.
Ollie's offers shoppers "Good Stuff Cheap" with great deals on a wide selection of brand name merchandise at up to 70% off the "fancy store" prices every day. The discount retailer brings 50-60 new jobs to the local community with each new store it opens. Nationwide, Ollie's employs over 11,000 associates and plans to open 50-55 locations annually until it reaches its goal of 1,050 stores.
The Iowa City store is located at 1660 Sycamore Street, Iowa City, IA 52240 and the doors will open at 9:00 am Central time, September 27, 2023.
Ollie's Bargain Outlet Holdings, Inc. is a retailer of closeout merchandise and excess inventory. The Company principally buys overproduced, overstocked, and closeout merchandise from manufacturers, wholesalers, distributors, brokers, and other retailers. Its warehouse format stores feature a number of categories, including housewares, bed and bath, food, floor coverings, health and beauty aids, books and stationery, toys, and electronics, as well as other products, including hardware, candy, clothing, sporting goods, pet and lawn and garden products. It operates over 513 stores in 30 states. Its retail locations are located in Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Vermont, Virginia, and West Virginia.