Ollie’s Bargain Outlet takes over Big Lots closures, what to know

• Ollie’s discount -outlet acquired 40 further massive events.
• Ollies Cut price Outlet already has greater than 20 shops in Michigan.

Gordon Brothers Retail PartnersA liquidation firm that helps massive heaps in the process of submitting chapter, a listing of 200 locations with lease contracts Or contracts which might be designated to be offered by selection wholesalers, and it appears that evidently Ollie’s discount is taking extra areas.

Ollie’s Introduced On 27 February it acquired an additional 40 Huge Lot Retailer rental contracts from Gordon Brothers, which introduced the overall from Ollie to 63.

That is what it’s worthwhile to know in regards to the acquisition of the Ollie and if extra shops in Michigan can be transformed.

What number of massive heaps in Michigan are being transformed right into a discount of an Ollie?

Additional Ollie conversions haven’t been introduced.

Till now, one large a lot closure has been transformed into Huge Rapids, on 750 Perry Ave. This yr it was transformed into an Ollie’s, announced on February 19.

The situation of the brand new Ollie can be hosted Great opening at 9 am March 19.

The place are Ollie’s discount areas in Michigan?

Ollie’s operates 581 shops in 32 states, According to the website. Listed below are areas in Michigan:

What number of Huge Heaps areas are there in a lease settlement?

Throughout the Gordon Brothers List of the store lease contracts on the market, listed here are the 16 locations in Michigan:

• Alpena: 2680 Sus 23, 42,326 Sq. foot
• Battle Creek: 5440 Beckley Street, 29,673 sq. foot
• Bay Metropolis: 1001 N. Euclid Ave., 30.373 sq. foot
• Chesterfield: 50630 Gratiot Ave., 31,706 sq. foot
• Dearborn: 5600 Mercury Drive, 32,367 sq. foot
• Eastpointe: 16100 E. 10 Mile Street, 41,297 sq. base
• Grand Rapids: 3464 Plainfield Ave. NE, 29.637 Sq. base, and 5450 S. Division Ave., 29,885 sq. foot
• Monroe: 1575 N. Telegraph Street, 36.509 Sq. base
• Muskegon: 1650 E. Sherman Blvd., 27, 650 sq. foot
• Niles: 1907 S. eleventh St., 34,690 sq. foot
• Sault Ste. Marie: 3396 I-75 Enterprise Spur, Unit 1, 33,250 Sq. foot
• Southfield: 29712 Southfield Street, 30,607 sq. foot
• Southgate: 14333 Eureka Street, 47,237 sq. foot
• Sterling Heights: 33100 Schoenherr Street, 29,928 sq. base
• Westland: 35507 Ford Street, 30.268 sq. foot

All lease contracts have at the least 5 years left.

What number of Huge Heaps areas are closed in Michigan?

Huge Heaps introduced greater than 240 closures in September 2024 amidst the submission of chapter. Listed below are the Huge Heaps areas which might be closed in Michigan:

• In Coldwater, 375 N. Willow Brook Street.
• In Huge Rapids, 750 Perry Ave.
• In Lansing, 5625 W. Saginaw HWY.
• In Howell, 3669 E. Grand River Ave.
• In Okemos, 2020 Grand River Ave.
• In Portage, 6207 S. Westndedge Ave.
• In Petoskey, 1401 Spring St.
• In Ypsilanti, 2850 Washtenaw Ave.
• In Holland, 2353 N. Park Dr.
• In Madison Heights, 32399 John R Street.
• In Kentwood, 4254 twenty eighth St.

What’s Ollie’s discount?

Ollie’s discount is a Harrisburg, Pennsylvania established discount store that calls itself “America’s largest retailer of close-out merchandise and surplus stock” “excessive worth on model title merchandise.”

The corporate sells merchandise in varied departments, together with home items, meals, books, mattress and tub, toys, well being and sweetness and extra.

Contact Gianna Montesano on gianna.montesano@tcpalm.com.

Please contact Sarah Moore @ smoore@lsj.com