Many shoppers know the thrill of finding a familiar brand at a price that looks like a mistake. Ollie's Bargain Outlet builds a chain of stores around that moment. Its buyers snap up closeout goods, meaning surplus or leftover stock that manufacturers and wholesalers want to clear. The company then sells them in plain, warehouse-style stores, with everything from detergent to patio furniture. Price tags show a rival's price next to Ollie's own, so the saving is visible on the shelf. The company grows mainly by opening new stores.
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