Ollie’s Bargain Outlet to spend $68 Million to occupy 600,000 square feet of space in Princeton Illinois.
Princeton, Illinois — According to state and local economic development sources Ollie’s Bargain Outlet plans to invest $68,000,000.00 to build out 600,000 square feet of new space in Princeton. The company plans to occupy the new space in Princeton, on or about June 1, 2024. According to the company website Harrisburg, PA-based Ollies Bargain Outlet is one of Americas largest retailers of closeouts, excess inventory and salvage merchandise. Our buyers scour the world looking for great deals to deliver to our customers. You’ll find lots of famous brand-name goods in our 400+ semi-lovely? store locations, and the inventory is always changing! Not only do we value our customers, but we understand that our associates are our most valuable resource. Our people are the key to our success. We pride ourselves in a 75% target internal rate-of-promotion. We invest in our associates for the growth of their future and ours. Ollies does this through our OLI (Ollies Leadership Institute) program, which is designed to train and develop associates for their next internal move within the company. Ollies seeks and encourages an entrepreneurial spirit by offering a non-planogram environment that allows store managers to use their space to the best of their ability and knowledge. The first Ollies Bargain Outlet store opened in Mechanicsburg, PA in 1982. Since then, we have grown to become one of the largest deep-discount retailers in America. We currently operate 400+ store locations in 28 states, along with a Store Support Center in Harrisburg, PA, and three distribution centers, one in York, PA, Commerce, GA and another in Lancaster, TX.
To learn more about Ollie’s Bargain Outlet, visit http://www.ollies.us/
Company Contact:
Eric VanDerValk, Chief Operating Officer
https://www.linkedin.com/in/ericvandervalk/
717-657-2300
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