Ollie's Got Their Hands On 11 Former 99 Cents Only Stores in Texas

Ollie's Bargain Outlet just landed a great deal of its own, winning a $14.6 million bankruptcy auction for 11 former 99 Cents Only store locations across Texas. The discount retail chain pounced after 99 Cents Only abruptly went out of business in March, shuttering all 371 of its stores in California, Arizona, Texas, and Nevada. Ollie's quickly made an opening "stalking horse bid" to grab over a dozen of the empty properties.