We lease the majority of our retail stores, often in second generation sites ranging in size from 18,000 to 50,000 square feet.
−Removed: Our corporate headquarters, located in Harrisburg, PA, is 58,200 square
−Removed: feet and is leased under an agreement that expires in February 2033, with options to renew for three successive five-year periods.
+Added: Our corporate headquarters, located in Harrisburg, PA, is 58,200
+Added: square feet and is leased under an agreement that expires in February 2033, with options to renew for three successive five-year periods.
Our corporate data center and additional office space is 19,800 square feet.
−Removed: Our recently expanded 804,000 square foot
−Removed: distribution center located in York, PA is leased under an agreement that expires in March 2033 with an option to renew for one five-year period, we completed the expansion in fiscal 2023 providing an additional 201,000 square feet of distribution
−Removed: Our 962,000 square foot distribution center in Commerce, GA is leased under an agreement that expires in April 2024 with options to renew for three successive five-year periods.
−Removed: In 2019, we constructed our 615,000 square foot distribution
−Removed: center in Lancaster, TX.
−Removed: The Lancaster, TX distribution center became fully operational during the first quarter of 2020.
−Removed: In addition, we are constructing our fourth distribution center in Princeton, IL, which we anticipate to be operational in the
−Removed: second half of fiscal 2024.
+Added: Our 804,000 square foot
+Added: distribution center located in York, PA is leased under an agreement that expires in March 2033 with an option to renew for one five-year period.
+Added: Our 962,000 square foot distribution center in Commerce, GA is leased under an agreement that expires
+Added: in April 2029 with options to renew for two successive five-year periods.
+Added: We also own and operate a 615,000 square foot distribution center in Lancaster, TX.
+Added: In fiscal 2024, we completed construction of our fourth distribution center in Princeton,
+Added: The Princeton, IL facility is 615,000 square feet and began shipping product in July 2024.
As of February 1, 2025, there were 559 Ollie’s Bargain Outlet locations across 31 contiguous states in the eastern half of the United States.
We maintain a focused and disciplined approach to entering into lease arrangements.
−Removed: All leases are approved by our real estate committee, which is comprised of senior management and executive officers.
−Removed: Our leases generally have an initial term of approximately seven years with options to renew for three to five successive five-year periods and generally require us to pay a proportionate share of real estate taxes, insurance, and common area or
−Removed: other charges.
+Added: All leases are approved by our real estate committee, which is comprised of senior management and executive
+Added: Our leases generally have an initial term of approximately seven years with options to renew for three to five successive five-year periods and generally require us to pay a proportionate share of real estate taxes, insurance, and common
+Added: area or other charges.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.