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Ollie’s Bargain Outlet down 2% in late trading

Weakness in shares of bargain store chain Ollie’s (OLLI) may be related to Big Lots (BIG) having announced that it has agreed to a sale transaction with Gordon Brothers Retail Partners that enables the transfer of Big Lots assets, including stores, distribution centers, and intellectual property, to other retailers and companies, including Variety Wholesalers.

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