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Ollie's Bargain Outlet Holdings, Inc., commonly referred to as Ollie's Bargain Outlet is an American chain of discount closeout retailers. It was founded in Mechanicsburg, Pennsylvania , in 1982 by Morton Bernstein and Mark L. Butler with backing from Harry Coverman and Oliver E. "Ollie" Rosenberg; the latter of whom is the namesake of the company.
An outlet store, factory outlet or factory store is a brick and mortar or online store where manufacturers sell their merchandise directly to the public. Products at outlet stores are usually sold at reduced prices compared to regular stores due to being overstock , closeout , returned , factory seconds , or lower-quality versions manufactured ...
Today, YETI has opened over 20 stores across the United States. As of January 8, 2018, YETI still was a sponsor of the PBR [12] and the YETI "Built for the Wild" event. [13] On October 25, 2018, YETI became a public company via an initial public offering of 16 million shares at a price of $18 per share. [14]
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