seekingalpha.com/article/...2-ollies-bargains-can-found-stock
Ollie's: Bargains Can Be Found In The Stock Too
Summary
Consumers are constantly looking for the lowest prices and best bargains for their purchases. This is expected to increase demand for discount and variety stores due to their low-cost structure.
Ollie's leverages suppliers with the following criteria: overstocked inventory, discontinued products, incurred packaging changes, canceled orders, excessive inventory balances, and inventory buybacks.
This allows the company to buy merchandise at large discounts and pass the saving to their consumers.
Ollie's: Bargains Can Be Found In The Stock Too
Summary
Consumers are constantly looking for the lowest prices and best bargains for their purchases. This is expected to increase demand for discount and variety stores due to their low-cost structure.
Ollie's leverages suppliers with the following criteria: overstocked inventory, discontinued products, incurred packaging changes, canceled orders, excessive inventory balances, and inventory buybacks.
This allows the company to buy merchandise at large discounts and pass the saving to their consumers.