Ollie's Bargain Outlet Holdings, Inc. - Common Stock (OLLI)

Competitors to Ollie's Bargain Outlet Holdings, Inc. - Common Stock (OLLI)

Big Lots, Inc. 

Big Lots also operates as a discount retailer similar to Ollie's, selling closeout and surplus merchandise at reduced prices. While both retailers focus on bargain shopping, Big Lots has a more diverse inventory that includes furniture, home decor, and groceries, positioning it as a one-stop shop for value-driven consumers. Its larger selection may give it an edge in attracting customers looking for a wider variety of products.

Dollar Tree, Inc. 

Dollar Tree operates a chain of discount variety stores that sell items at a fixed price point, appealing to budget-conscious consumers just like Ollie's Bargain Outlet. Both companies provide a wide array of merchandise, including household goods, snacks, and seasonal items at low prices. However, Dollar Tree tends to have a more extensive reach with a larger store footprint and greater brand recognition, which can attract a larger customer base.

Five Below, Inc. 

Five Below targets a younger demographic by offering trendy merchandise, games, and tech accessories priced at $5 and under. While Ollie's focuses more on broader household goods and discount items, Five Below’s niche strategy and engaging shopping environment compete for a similar value-oriented customer base. Five Below’s youthful branding and community connections give it a competitive edge in attracting younger shoppers.

Ross Stores, Inc. 

Ross Stores operates off-price retail stores that offer high-quality brand-name apparel and home goods at discounted prices, overlapping with Ollie's in the bargain shopping space. Ross's emphasis on fashion and clothing provides it with a competitive advantage in drawing shoppers who prioritize brand-name clothing at lower prices. This focused category can differentiate Ross from Ollie's broader discount strategy.

TJX Companies, Inc. 

TJX Companies encompasses several well-known off-price retailers, including T.J. Maxx and Marshalls, which focus on selling brand-name goods at substantial discounts. They compete with Ollie's by offering a curated selection of high-quality apparel, home items, and other merchandise, appealing more to consumers seeking brand names and quality at lower prices. Their extensive store locations and established reputation in the off-price sector provide them with a significant competitive advantage over Ollie's.