so, imagine you have a lot of toys, and you want to share them with your friends. but you have so many toys that it's hard for you to keep track of them all. so, you build a big toy storage room where you can put all your toys, and then, when your friends come over, you can easily choose which toys you want to share with them. that's like what ollie's is doing. they have a lot of stores, kind of like your toys, and they built a big storage room (or distribution center) to make it easier for them to share their stuff (like cheap groceries) with more people. Read from source...
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This article provides a neutral sentiment. It discusses Ollie's recent expansion with the opening of a new 615,000-square-foot distribution center in Princeton, IL. This new facility will initially serve around 60 stores across nine states, creating over 200 full-time jobs. The article also provides information on the company's ambitious goal to open more than 1,300 stores nationwide, emphasizing its dedication to providing value to its customers and fostering economic growth.
Benzinga provides a detailed analysis of Ollie's Bargain Outlet Holdings, highlighting its ambitious expansion plans and recent milestones, such as the opening of its fourth distribution center in Princeton, IL. The new 615,000-square-foot distribution hub is expected to streamline operations and create more than 200 full-time jobs, benefiting the local economy. In addition, the article discusses the company's buy-low, sell-low business model and customer loyalty program, Ollie's Army, that contribute to its competitive edge and growth. Benzinga also presents three other top-ranked food stocks for consideration, including The Chef's Warehouse, Pilgrim's Pride, and Vital Farms, each with their own unique features and growth strategies.