Deal chasers who are also loyal customers helped pushed closeout chain Ollie’s Bargain Outlet to a strong fiscal fourth-quarter finish after a year of battling deep discounting from all quarters. During the chain’s Q4 earnings call Wednesday (March 22), Ollie’s President and CEO John Swygert...
Thrift retail operator Savers Value Village has named Jay Stasz, a six-year veteran of Ollie’s Bargain Outlet, as its new chief financial officer (CFO), according to a press release. He will take over the role Monday (July 18). Stasz has almost 25 years of finance...
In the face of rising interest rates, record fuel prices, and inflation at a multi-generational high, consumers have begun to prepare for the building economic storm with an increased appetite for value, convenience and basic necessities from the nimble retailers that can offer it. This,...
Today in retail, Uber Eats launches a nationwide food delivery offering, while Ollie’s Bargain Outlet expects to see a retail “trade-down” in the next three to six months. Plus, The RealReal is looking for a new leader after founder Julie Wainwright steps down, and Blue...
December 07, 2023
As prices go up and people feel the pinch in their wallets due to inflation, Ollie’s Bargain Outlet is standing out as the go-to place for discounts. “We are built for this environment,” said John Swygert, president and CEO of Ollie’s, during the company’s latest earnings call on Wednesday (Dec. 5). Swygert explained that in […]
July 14, 2022
Thrift retail operator Savers Value Village has named Jay Stasz, a six-year veteran of Ollie’s Bargain Outlet, as its new chief financial officer (CFO), according to a press release. He will take over the role Monday (July 18). Stasz has almost 25 years of finance leadership experience, including the last four years as CFO at […]
