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Across its 546 stores in the U.S., Ollies offers close-out merchandise from the worlds most reputable brands at 70% off retailprice. Value is different for different people, but our version of value is bringing products at discount prices, Kuypers said.
As evidence for the potential of prices to rise further, the Producer Price Index for apparel (a proxy for wholesale prices) was up 7.3 per cent in March, an indication that retailprices may follow soon. These are all reasons for cautious optimism. However, significant challenges remain.
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