Retailers have responded to a long period of inflation with a renewed emphasis on value over less-essential products, such as diamond rings.

"We look forward to introducing our unique brand, friendly service, and extraordinary savings to customers in each of these new communities."

As Big Lots continues its bankruptcy process, Ollie’s Bargain Outlet and Ocean State Job Lot are acquiring four former locations in New York. The deals come as over 600 Big Lots leases were put up for sale nationwide.