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Chinese discount store Miniso is growing by one new store a day

Inside Retail

The post Chinese discount store Miniso is growing by one new store a day appeared first on Inside Retail. . “Online business has been accelerated by the pandemic and will be one of the priorities for the future development of Miniso,” said Robin Liu, chief marketing officer and head of e-commerce at Miniso.

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

Retail TouchPoints

That sense of unease is to be expected from a cohort shaped by both the 2008-2009 Great Recession and the COVID pandemic, and it’s had a big impact on their shopping choices: nearly half ( 48% ) say they shop the most often at discount/off-price retailers, and 25% frequently patronize dollar stores.

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Where are the Jack’s discount stores which will be shut amid Tesco cuts?

365 Retail

Tesco changes announced on Monday include shutting seven of its 13 Jack’s discount stores , while the remainder will become supermarkets. The seven Jack’s stores which will be closing are based in: – Hull. – The locations where Jack’s outlets will become large Tesco stores: – Chatteris. Castle Bromwich. Middlewich.

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Americans go hunting for treasure in discount stores

Retail Wire

Discounters Ross Stores and TJX Companies are reporting that shoppers are returning to stores as COVID-19 restrictions are lifted and a growing percentage of Americans get vaccinated against the virus. Our business model now resonates more than it even did pre-Covid,” said TJX CEO Ernie Herrman.

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Ross Stores Opens 29 New Locations Amid Off-Price Brick-and-Mortar Growth

Retail TouchPoints

Ross Stores is opening 29 new locations in 12 states over June and July as it continues to move toward its goal of opening approximately 100 new brick-and-mortar stores in FY 2022, which ends Jan. off-price apparel retailer plans to open 75 Ross Dress for Less and 25 dd’s DISCOUNTS stores. The Dublin, Calif.

Location 254
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Neiman Marcus, Saks Still Unable to Come to Terms on Takeover Deal

Retail TouchPoints

Saks currently operates 39 stores, while Neiman has 36 department stores, two Bergdorf Goodman stores and five Last Call discount stores. A merger of the two companies would give Neiman and Saks more clout with luxury suppliers and allow them to cut duplicated costs.

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Ross Stores Plans to Add 100 Brick-and-Mortar Locations by January 2023

Retail TouchPoints

Ross Stores is already nearly one-third of the way toward its goal of opening approximately 100 new stores in fiscal 2022. In February and March 2022, the discount retailer opened 22 Ross Dress for Less locations and eight dd’s DISCOUNTS stores in 15 states and Guam.

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