Ollie’s Bargain Outlet is one of America’s largest retailers of closeout merchandise and excess inventory. Our 400+ “semi-lovely” stores sell merchandise of all descriptions and some beyond description. You’ll find real brands at real bargain prices in every department, from housewares to sporting goods to flooring and to food. Ollie’s buyers scour the world looking for closeouts, overstocks, package changes, manufacturer refurbished goods, and irregulars. Much of the merchandise comes direct from the finest manufacturers in the country and abroad. For example, if a manufacturer makes too much of an item, or changes their packaging, Ollie’s will buy the overstocked or old packaged items. So, you will always find famous brand name products at Ollie’s, but a lot of them could be last year’s colors, patterns or packaging that traditional retailers won’t sell. Ollie’s has also worked very closely with financial institutions. When companies are liquidated, the banks will often sell remaining inventories and turn them into cash. Ollie’s will buy the goods back and pass the savings on to you, the customer.
Ollie’s Bargain Outlet, Inc.
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3.4
Overall Excellence Rating
Industry
RetailCategory
General Merchandise & SuperstoresESG/Ethical Impact
Ollie’s Bargain Outlet actively contributes to social responsibility by providing affordable products to consumers, making quality goods accessible to a broader range of customers and addressing affordability concerns. Ollie’s engages with local communities through philanthropic endeavors and community outreach programs, supporting various social causes, including hunger relief and education initiatives, demonstrating its commitment to social responsibility. The company maintains robust governance practices, including transparent reporting and an independent board of directors, ensuring ethical conduct and accountability throughout its organization. Ollie’s places a high priority on safeguarding customer data and privacy, implementing stringent data protection and cybersecurity measures to address the evolving challenges of the digital age. Ollie’s commitment to financial sustainability benefits its shareholders and supports job creation and economic growth within the retail sector, aligning with the governance aspect of ESG.
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Awards Received
2023
Revenues
$1,700,000,000.00
Website Traffic
Employee Rating
3.1
Customer Rating
2.9
Company Size
5000-10000
ESG Risk Rating
3