Ollie’s Bargain Outlet is an American discount retailer specializing in closeout merchandise and surplus inventory across a broad range of categories. The company operates a no-frills retail format that offers branded and private-label products at significant markdowns. Its merchandise mix typically includes housewares, electronics, health and beauty items, food products, beauty supplies, books, toys, and seasonal goods.
Founded in 1982 by Oliver E. “Ollie” Rosenberg, the company is headquartered in Harrisburg, Pennsylvania. Since opening its first store, Ollie’s has grown steadily through a combination of company-owned expansion and selective acquisitions, going public in 2015. The retailer now operates more than 450 stores across over 25 states, primarily serving customers in the Southeast, Mid-Atlantic and Midwest regions.
Ollie’s emphasizes a treasure-hunt shopping experience, with new product arrivals each week reflecting overstock and closeout deals sourced directly from manufacturers and wholesalers. This model allows the company to pass savings on to price-conscious consumers seeking brand-name goods at deep discounts.
Leadership at Ollie’s includes founder Oliver Rosenberg as Executive Chairman and Jay Denton as President and Chief Executive Officer. Management maintains a focus on disciplined cost control, efficient distribution, and community engagement, aiming to sustain growth while preserving the company’s value-oriented identity.