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Scarred by the 2008 Recession and COVID, 48% of Gen Z Frequently Shops at Discount Stores

Retail TouchPoints

“If [a shopping center] has that broad group of tenants, someone might stop by the grocery store after they dine, or say ‘Oh, I do need a new pair of shoes.’ That’s where property owners need to be focused.” Free returns, at 31% , and quick/helpful customer service, at 27% , also are vital elements.

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Sweaty palms and bargain bins: Why consumers are flocking to dollar stores

Inside Retail

Discount stores are booming in post-Covid Europe as price-sensitive consumers seek out bargains amid inflation and the devastating impacts of the pandemic. Meanwhile in the US, discount store chain Dollar General pulled in approximately $33.75 In June, Pepco reported first-half underlying earnings of €324 million, up 16.8

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Aldi launches Corner Store in convenience push

Inside Retail

Last month, Aldi introduced self-checkouts at its Darlinghurst store in Sydney as part of a wider trial. Brothers Karl and Theo Albrecht reportedly inherited the store from their mother in 1946, in the aftermath of World War II. According to CNBC , both brothers were conscripted to fight for Nazi Germany during the war.

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6 Ways Rising Costs are Impacting Consumer Behavior

Rangeme

As consumers wait for inflation to be brought under control, there are company values they will not compromise – even if it means paying a few extra dollars at checkout. Shoppers are turning to discount stores for everyday needs. Company values are still more important than the lowest price. A total of 54.5%

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Good. Different? Aldi follows rivals on self-service and e-commerce

Inside Retail

Thirteen years after Woolworths introduced self-service checkouts to Australian supermarket shoppers, discount grocer Aldi has bowed to the demand for quick and convenient self-serve transactions at its stores. I suspect they’ll progress that across their fleet of stores in the coming years,” Mortimer said.

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How to Manage Your Retail Operations When You’re in Growth Mode

Wiser

Track the factors behind positive shopper experiences within your stores. . Efficient checkout lines. . Five Below’s dedication to listening to customer feedback led to an increase in sales, net income, and more store openings. Ultimately, there is still a definite need for physical retail stores of all categories.

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Analysis: The rise of the purposeful consumer

Inside Retail

For grocery and discount stores, we anticipate 70-80 per cent of this e-commerce surge to stick around for good.” ” Shopping is also increasingly enabled by technology, according to the latest digital report by We Are Social. There is now a very strong nostalgic connection and reflection on the past.

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