NEW YORK, July 16, 2015 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of Ollie’s Bargain Outlet (Nasdaq:OLLI) commenced on The Nasdaq Stock Market on July 16, 2015.
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Founded in 1982, Ollie’s Bargain Outlet has grown to become one of America’s largest value retailers of closeouts, excess inventory, and salvage merchandise. The company operates 186 stores nationwide, offering customers bargain prices across a range of products including housewares, food, books and stationery, bed and bath, floor coverings, toys and hardware.
“Ollie’s Bargain Outlet offers plentiful and affordable merchandise at store locations throughout the United States,” said Nelson Griggs, Executive Vice President, Listing Services at Nasdaq. “We are thrilled to welcome Ollie’s Bargain Outlet to the Nasdaq family, and look forward to supporting the company as it continues to grow and provide affordable goods to its customers.”
By listing on Nasdaq, Ollie’s Bargain Outlet joins many of the world’s largest and most revolutionary companies. Nasdaq is the exchange of choice for 72 percent of consumer companies that have listed on the U.S. markets year-to-date.
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Source:The NASDAQ OMX Group, Inc.