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Ross Stores Plans 100 Openings in 2023 as it Pursues Goal of 3,500+ Stores

Retail TouchPoints

As part of the retailer’s plans to open 100 locations in 2023, Ross Stores opened 11 Ross Dress for Less and eight dd’s Discounts stores in 13 states during February and March. The 2023 additions will include 75 Ross and 25 dd’s Discounts locations. Overall sales were down slightly in 2022, at $18.7

Planning 262
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Treat, no Trick: NRF Forecasts Halloween Spending will Hit Record $12.2 Billion

Retail TouchPoints

In a return to pre-pandemic behaviors, more consumers plan to throw or attend a party ( 32% ) or to take their children trick-or-treating ( 28% ) this year, although the top celebratory activities for consumers will be handing out candy ( 68% ), decorating their home or yard ( 53% ) and dressing in costume ( 50% ). set in 2021.

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NRF: Electronics Will Drive Back-to-School Spending to Record $41.5 Billion

Retail TouchPoints

billion on back-to-school (BTS) shopping this year, up from $36.9 billion , with the top products planned for purchase including laptops ( 51% ), tablets ( 36% ) and calculators ( 29% ). Opportunities still remain for retailers to capture the remaining spend, as 85% of families still have at least half of their shopping left to do.

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The Original Factory Shop plans to open 16 stores and create 160 jobs

Retail Times

The Original Factory Shop continues to assert its position as the UK’s leading community and value, brand led retailer as it announces plans to increase its number of store openings this year, against the backdrop of tough times in retail.

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The Reject Shop posts sales decline due to lockdowns, absenteeism

Inside Retail

In an ASX announcement, the discount retailer has announced that sales for the half were estimated at $424.7 Gross profit landed at $178.8 million, with comparable-store sales falling due to rising Omicron in most states during the Christmas trading period. million, down by 2.2 per cent compared to the previous year.

Shopping 245
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The Reject Shop’s full-year sales ease up, share buy-back planned

Inside Retail

Despite a rocky start to the financial year, discount variety retailer The Reject Shop says its sales have improved steadily since March. Comparable store sales fell 2.2 I believe we can have a meaningful impact by offering our customers both branded consumables as well as general merchandise at a low price.”.

Planning 130
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Wesfarmers plans to ‘renew’ its portfolio after profit slips

Inside Retail

During the year, the business also expanded its range, store network and fulfilment capabilities to enhance customers’ shopping experience. per cent to $418 million largely due to Covid-related store closures in the first half, coupled with stock congestion at domestic ports and distribution centres.

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