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Ollie’s Bargain Outlet, a fast-growing chain of discount merchandise, will soon open its first store on Long Island.
The company leased 32,000 square feet in the Selden Plaza shopping center at 211 Middle Country Road in Selden. The space was formerly occupied by T.J. Maxx.
The new Ollie’s Bargain Outlet in Selden is expected to open by the end of the year.
Ollie’s offers a wide variety of items, including housewares, sporting goods, flooring, food and much more. The off-price inventory in its stores comes from closeouts, overstocked merchandise, refurbished goods and irregular products and everything sold at Ollie’s comes with a 30-day money-back guarantee.
The beginnings of Ollie’s Bargain Outlet dates back to July 1982 when its founders Mark Butler, Mort Bernstein, Oliver “Ollie” Rosenberg and Harry Coverman, opened the first store in Mechanicsburg, Pa. The chain grew throughout Pennsylvania and surrounding areas and opened its 100th store located in Barboursville, West Virginia in May 2011.
Ollie’s became a public company in 2015 and today is the country’s largest retailer of closeout merchandise with 495 stores in 29 states. Headquartered in Harrisburg, Pa., Ollie’s reported revenue of $515.8 million in 2021.
Bobby Traynham of Rhino Commercial Realty represented the tenant, while Greg Batista of RIPCO Real Estate represented the landlord, Miller Realty Associates, in the Selden lease transaction.
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