Ollie's Bargain Outlets acquired 40 former Big Lots stores. Are any coming to Michigan?
Gordon Brothers Retail Partners, a liquidation firm assisting Big Lots in the process of filing for bankruptcy, provided a list of 200 locations with leases or contracts designated to be sold to by Variety Wholesalers, and its looks like Ollie's Bargain Outlet is taking more locations.
Ollie's announced on Feb. 27 it acquired an additional 40 Big Lots store leases from Gordon Brothers, bringing Ollie's total to 63.
Here's what to know about the Ollie's acquisition and if more Michigan stores will be converted.
Additional Ollie conversions have not been announced.
So far one Big Lots closure has been converted in Big Rapids, at 750 Perry Ave. It was converted into an Ollie's this year, announced on Feb. 19.
The new Ollie's location will host its grand opening at 9 a.m. March 19.
Ollie's operates 581 stores in 32 states, according to its website. Here are Michigan locations:
Adrian
Alma
Alpena
Battle Creek
Bay City
Benton Harbor
Big Rapids
Caro
Farmington
Flint
Ironwood
Jackson
Kalamazoo
Lansing
Monroe
Muskegon
Port Huron
Roseville
Saginaw
Taylor
Utica
Walker
Waterford
Ypsilanti
Westland
Wyoming
Within the Gordon Brothers list of store leases for sale, here are the 16 Michigan locations:
Alpena: 2680 S. U.S. 23, 42,326 square feet
Battle Creek: 5440 Beckley Road, 29,673 square feet
Bay City: 1001 N. Euclid Ave., 30,373 square feet
Chesterfield: 50630 Gratiot Ave., 31,706 square feet
Dearborn: 5600 Mercury Drive, 32,367 square feet
Eastpointe: 16100 E. 10 Mile Road, 41,297 square feet
Grand Rapids: 3464 Plainfield Ave. NE, 29,637 square feet, and 5450 S. Division Ave., 29,885 square feet
Monroe: 1575 N. Telegraph Road, 36,509 square feet
Muskegon: 1650 E. Sherman Blvd., 27, 650 square feet
Niles: 1907 S. 11th St., 34,690 square feet
Sault Ste. Marie: 3396 I-75 Business Spur, Unit 1, 33,250 square feet
Southfield: 29712 Southfield Road, 30,607 square feet
Southgate: 14333 Eureka Road, 47,237 square feet
Sterling Heights: 33100 Schoenherr Road, 29,928 square feet
Westland: 35507 Ford Road, 30,268 square feet
All the leases have at least five years remaining.
Big Lots announced its more than 240 closings in September 2024 amid filing for bankruptcy. Here are the Big Lots locations that closed in Michigan:
In Coldwater, 375 N. Willow Brook Road.
In Big Rapids, 750 Perry Ave.
In Lansing, 5625 W. Saginaw Hwy.
In Howell, 3669 E. Grand River Ave.
In Okemos, 2020 Grand River Ave.
In Portage, 6207 S. Westnedge Ave.
In Petoskey, 1401 Spring St.
In Ypsilanti, 2850 Washtenaw Ave.
In Holland, 2353 N. Park Dr.
In Madison Heights, 32399 John R Road.
In Kentwood, 4254 28th St.
Ollie's Bargain Outlet is a Harrisburg, Pennsylvania-based bargain outlet store that calls itself "America's largest retailer of closeout merchandise and excess inventory" offering "extreme value on brand name products."
The company sells products in various departments, including housewares, food, books, bed and bath, toys, health and beauty and more.
Contact Gianna Montesano at gianna.montesano@tcpalm.com.
Contact Sarah Moore @ smoore@lsj.com
This article originally appeared on Treasure Coast Newspapers: Ollie's Bargain Outlet takes over Big Lots closures, what to know
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