Ollie’s Bargain Outlet today announced a secondary offering of 13.7 million shares of common stock and investors should pick some up, said TheStreet’s TST Jim Cramer. Ollie’s is a fast growing, extreme value retailer of brand name merchandise at drastically reduced prices. The retailer, best known for its merchandise offered as ‘Good Stuff Cheap’, sells housewares, food, books and stationery, bed and bath, floor coverings, toys, hardware and other categories. Ollie’s currently operates 220 store locations in 19 states across the Eastern half of the United States.
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