Ollie's Celebrates Entry into 35th State with Grand Opening in Minnesota

Rhea-AI Summary

Ollie's Bargain Outlet (NASDAQ:OLLI) opened its first Minnesota store in Austin on March 5, 2026, marking entry into its 35th state. The new location at 1209 18th Ave NW opens with a ribbon cutting at 8:45 AM, doorbuster deals, and store-specific giveaways.

The company says new stores create 50–60 local jobs. Ollie's now operates more than 645 stores and employs over 14,000 associates, selling brand-name closeouts up to 70% off typical retail prices.

Positive

• Entry into 35th state with Minnesota grand opening
• 50–60 local jobs created at each new store
• 645+ stores national footprint, indicating scale
• Over 14,000 associates workforce supporting expansion
• Up to 70% off brand-name merchandise, consumer value proposition

Negative

• None.

News Market Reaction – OLLI

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+0.40% News Effect

On the day this news was published, OLLI gained 0.40%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Good Stuff Cheap^® Now Available in Austin, MN

HARRISBURG, Pa., March 5, 2026 /PRNewswire/ -- Ollie's Bargain Outlet, Inc. celebrates entering its 35th state with the Grand Opening of its new store in Austin, Minnesota. As America's fastest growing retailer of brand name closeouts and excess inventory, Ollie's sells brand name merchandise at up to 70% below the fancy stores every day. Shoppers of every age will find an ever-changing assortment of deals across a wide range of categories including housewares, food, bed and bath, health and beauty, books, toys, lawn and garden, seasonal décor & so much more!

The Grand Opening of Minnesota's first Ollie's takes place today in Austin at 1209 18th Ave NW, next to the Hy-Vee Grocery in the former ShopKo. The celebration will begin with a ribbon cutting ceremony at 8:45 AM and feature exclusive doorbuster deals and free giveaways only available on opening day.

"Our first Minnesota store represents an important milestone in our Midwest expansion. We could not be more excited to enter our 35^th state and bring Good Stuff Cheap^® to the people of Austin and beyond," said Eric van der Valk, President and CEO of Ollie's. "If you have never been to an Ollie's before, we invite you to come see what all the fuss is about. We offer Real Brands, Real Bargains!^® You really need to see it to believe it."

In addition to bringing unbeatable deals to town, every new Ollie's store creates 50 to 60 new local jobs, including cashiers, managers, and store leaders. "Our people are the heart of our business," said van der Valk. "We're looking for great talent to join the best and fastest growing retail team in the country."

Interested candidates can stop by the store or visit www.ollies.com/pages/careers to explore open positions. With more than 645 stores and over 14,000 associates, Ollie's is growing fast and building careers along the way.

About Ollie's
Ollie's is a leading off-price retailer of brand name household products. Since our founding in 1982, our mission has been to sell Good Stuff Cheap^®. We do this through a flexible buying model that focuses on closeout merchandise and excess inventory from suppliers and manufacturers around the world. Our stores offer Real Brands! Real Bargains!^® in a treasure hunt environment at prices up to 70% below traditional retailers. As of December 9, 2025, we operated 645 stores in 34 states and growing! For more information, visit www.ollies.com.  

View original content to download multimedia:https://www.prnewswire.com/news-releases/ollies-celebrates-entry-into-35th-state-with-grand-opening-in-minnesota-302704277.html

SOURCE Ollie's Bargain Outlet Holdings, Inc.

FAQ

What does Ollie's (OLLI) Minnesota opening mean for its expansion strategy?

It extends Ollie's geographic footprint into its 35th state, signaling continued Midwest growth. According to the company, the Austin store advances regional penetration and showcases its off-price model to new customers while leveraging existing store expansion processes.

When and where did Ollie's (OLLI) open its first Minnesota store on March 5, 2026?

Ollie's opened in Austin, Minnesota at 1209 18th Ave NW with a ribbon cutting at 8:45 AM. According to the company, the location sits next to Hy-Vee in the former ShopKo and hosted opening-day doorbusters and giveaways.

How many jobs does an Ollie's (OLLI) new store typically create in a local community?

Each new Ollie's store creates about 50 to 60 local jobs, including cashiers and managers. According to the company, openings aim to hire store leaders and associates locally and post roles at www.ollies.com/pages/careers.

How large is Ollie's (OLLI) store network after the Minnesota opening?

Following the Austin opening, Ollie's operates more than 645 stores nationwide and employs over 14,000 associates. According to the company, this scale supports rapid rollouts and hiring as it expands into new states.

What kinds of discounts and products will shoppers find at the new Ollie's (OLLI) Austin store?

Shoppers can find brand-name closeouts across many categories at up to 70% below regular retail. According to the company, the assortment changes frequently and includes housewares, food, books, toys, and seasonal décor.