(UPDATE: The Burn has confirmed that the new Ollie’s will be taking over the former Babies R Us location in Sterling.)
The ginormous discount chain Ollie’s Bargain Outlet has confirmed they are planning on opening a store here in Loudoun County this spring. Corporate officials tell The Burn that the new Ollie’s will be going into the former Babies R Us space at 21300 Signal Hill Plaza next to Kohl’s.
If you’re not familiar with Ollie’s Bargain Outlet, they are a huge discount retailer founded in 1982 that now has more than 300 locations in 23 states. Ollie’s primary business model is to buy name brand products — usually overstock and merchandise that for some reason can’t be sold in mainline stores — and sell it at a steep discount. Common items in their ever changing inventory include books, toys, clothes, appliances, food and more.
Imagine a major snack producer decides to change their packaging or logo. They need to get rid of all the remaining stock with the old package design or the old logo — so Ollie buys it. Or let’s say a book publisher prints too many copies of a new book and needs to get rid of some — yep, Ollie buys them.
To give you an idea — one of Ollie’s recent “big gets” was a huge number of major brand toys that had been destined for Toys R Us before that chain closed all their stores. We’ve also heard they recently had a huge influx of Yankee Candles.
Currently, the closest Ollie’s Bargain Outlet is in Manassas. The new Ollie’s in Sterling is targeting a March opening.
It’s going in the old Babie R Us – 21300 Signal Hill Plaza
I’m thinking the old babies r us. They installed a red online over the weekend.
After driving through the shopping center, people in Sterling are confirming that the new Ollie’s will be in the former Babies R Us store near Kohls in Sterling off of Route 7.
Looks like it may be at the Babies R Us building in Sterling. Red awning is up.
I bet $20 on Shopper’s old location.
Wonder if they’ll purchase the Toys-R-Us space? Is that up for sale? ????
Ah! Babies-R-Us!! Close Enough!!
CONFIRMED: Ollie’s will be taking over the former Babies R Us space at 21300 Signal Hill Plaza next to Kohl’s.
I wonder if its the old Babie R Us – 21300 Signal Hill Plaza
Yes it is. Confirmed now.
Yes it is. Confirmed it this afternoon.
This is how Big Lots used to be. Excited about a real bargain hunter’s paradise!
I just lost $20 ????
What state
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