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

Inside Retail

Chinese discount chain Miniso accelerated its expansion plan during the pandemic, opening 364 stores around the world during the past 12 months. The expansion has increased Miniso’s store number to 4587 in China and 94 in overseas markets.

Wesfarmers results jump as Bunnings, Kmart and Officeworks boom

Inside Retail

No such investments in Target were mentioned, though the planned changes in Target’s store network ( that is, converting them to Kmart stores ) saw trading results “exceed internal expectations”.

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The Reject Shop profit jumps 643 per cent as restructure moves past ‘reset’

Inside Retail

Discount department store The Reject Shop’s full year results tell an interesting story – one of business suffering under the impact of the Covid-19 lockdown, but also one of a strong reset to an ailing business model.

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. Much of its focus is on what it calls “attractive discount markets” such as the UK, the Republic of Ireland and Spain.

Aldi launches Corner Store in convenience push

Inside Retail

Discount supermarket Aldi is making a push into convenience with the opening this week of a Corner Store concept in North Sydney. Reports of the new store concept circulated in May after the retailer submitted an application to North Sydney Council.

“It’s disgusting”: The Reject Shop staff subject to verbal abuse and stalking

Inside Retail

Australian discount store chain The Reject Shop is one of many retailers that has seen a staggering increase in aggressive customers in recent times, prompting the roll out of a new training program. Business Customer Discount stores HR Management Professional Sectors

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. in-article

Netflix and shop: Online store offers limited-edition merchandise

Inside Retail

Netflix will launch an online store to sell limited-edition apparel, lifestyle merchandise and collectibles based on “Stranger Things,” “Lupin” and other popular shows, the streaming giant said on Thursday.

The Reject Shop staff rolls out training after team subject to verbal abuse and stalking

Inside Retail

Australian discount store chain The Reject Shop is one of many retailers that has seen a staggering increase in aggressive customers in recent times, prompting the roll out of a new training program.

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.

Progressive Signs 103,157-Square-Foot Lease at Vineyard Valley Center in Fontana, California

Shopping Center

Progressive Real Estate Partners has signed a new lease with Crazy Boss Big Discount Store at Vineyard Valley Center, a 285,000-square-foot retail center in Fontana. Fontana, Calif.

Illegal tobacco sales land shopkeeper in court

Talking Retail

Shujat Ali, owner of Super Discount Store, Hulton. Industry News convenience stores crime illegal tobacco lawA Salford shopkeeper continued to sell illegal and counterfeit cigarettes despite two previous raids by trading standards officers, a court has heard.

TCB-WCO Purchases West Colonial Oaks Shopping Center in Orlando for $17 Million

Shopping Center

Office Depot, Family Dollar, Olive Garden and Ollie’s Bargain Discount Store anchor the property. Orlando, Fla. — TCB-WCO has purchased West Colonial Oaks, a 160,792-square-foot shopping center located in Orlando, for $17 million. Jose Sasson of Axiom Capital Advisors represented… The post TCB-WCO Purchases West Colonial Oaks Shopping Center in Orlando for $17 Million appeared first on Shopping Center Business. Florida Investment sales News

Ross Stores Plans to Open 60 New Locations in 2021

Retail Touch

Ross Stores recently opened four Ross Dress for Less and three dd’s DISCOUNTS stores across five different states in February and March. ” News Briefs Retail Store Design design:retail News new stores Ross Dress for Less ross stores

Shoppers spent US$900bn more online last year – and the trend will stick

Inside Retail

Grocery and discount store digital gains look sticky: Essential retail sectors, which had the smallest digital share before the crisis, saw some of the biggest gains as consumers adapted.

NRF: 52% of Shoppers Celebrating Valentine’s Day, Spending a Combined $21.8 Billion

Retail Touch

The other top shopping destinations include: Department stores ( 29% ); Discount stores ( 28% ); and A tie between local small businesses and specialty stores ( 17% each). Just over half ( 52% ) of U.S.

Best & Less to go public as Australia’s crowded discount sector heats up

Inside Retail

Australian discount department store business Best & Less plans to raise about $72.3 The IPO caps off a strong period of growth for Best & Less, which operates 246 bricks-and-mortar stores across the Best & Less and Postie chains in Australia and New Zealand, respectively.

Neat trick: Boosting sales amid pandemic

Shop!

While fewer might be heading to stores, the top shopping destinations remain the same: discount stores, specialty Halloween stores, grocery stores, and online retailers. The treat will affect candy and décor categories, thanks to at-home Halloween plans.

DICK’S Sporting Goods Launches New Outlet And Clearance Banners

Retail Touch

DICK’S Sporting Goods is opening two new discount-focused store concepts: OVERTIME by DICK’S Sporting Goods and DICK’S Sporting Goods Warehouse. The first three OVERTIME stores will open in Connecticut, Maryland and Pennsylvania.

Strong back-to-school shopping season expected in coming weeks, study suggests

365 Retail

The projections were made by Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment. Outlet stores also have cut-price footwear. If you do need to buy new kit, check out supermarkets, pound shops, and other discount stores.

Record back-to-school season expected

Mass Relators

While online shopping remains a top destination for back-to-school shopping, families are much more comfortable shopping in store this year than last year during the peak of the pandemic.

Walmart’s stature is undeniable

Mass Relators

based discount store chain has routinely led the mass retailing industry in every barometer by which observers, even particular ones, measure retailing success. We’re not speaking here about sales or earnings or new store concepts or the perfection of existing concepts.

Walmart Eliminates Hundreds Of Jobs Throughout U.S. Division

Retail Touch

At the same time, we’re creating new roles, particularly in our supply chain, in our stores and in other facilities, which will open up new opportunities.” Discount Stores were cut from four to three.

No ebb seen in e-commerce wave

Mass Relators

Mass retailers (discount stores and supercenters) were picked as the primary food store by 24% of shoppers, followed by clubs (5%) and online (2%). According to FMI, in 2021 supermarkets are seen as the primary store of 39% of consumers, while mass stores are the pick of 33%.

Increasing retail display interaction

CJ Retail Solutions

They must stand out from the everyday shelves – that’s a given – but they’re also competing with other displays in the store and in competitors’ stores too. There’s nothing as unmotivating as a stale old display in a store, especially if it’s completely out of season.

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.” A huge 91 per cent of consumers report that they want to shop in-store. Wanting to return to shopping in-store and to shop locally is no different.

Retailers’ Big Opportunity? ‘Create New Shoppers,’ Advises Kantar SVP

Retail Touch

Read on to learn: The long-term influence of ecommerce; Consumers’ comfort levels returning to stores and shopping centers; Ways to assess and improve in-store experiences in light of new consumer concerns; and How retailers can use new channels such as Zoom to drive awareness and engagement.

The Year of the Puppy Love: 2020 Valentine Data Unplugged

RETAIL MANAGEMENT SOFTWARE

billion in sales, pet store retailers have a lot more reasons to celebrate the Year of the Puppy Love. According to the latest reports from NRF 2020 Report and Survey, Consumers are most likely to spend an average of $30.19 on family members other than their spouses compared to $29.87

The Year of the Puppy Love: 2020 Valentine Data Unplugged

RETAIL MANAGEMENT SOFTWARE

billion in sales, pet store retailers have a lot more reasons to celebrate the Year of the Puppy Love. According to the latest reports from NRF 2020 Report and Survey, Consumers are most likely to spend an average of $30.19 on family members other than their spouses compared to $29.87

The Year of the Puppy Love: 2020 Valentine Data Unplugged

RETAIL MANAGEMENT SOFTWARE

billion in sales, pet store retailers have a lot more reasons to celebrate the Year of the Puppy Love. All it takes for specialty store owners to thrive in current economic cycle is to have a reliable, seamless and smart end-to-end retail management software like ChainDrive to help you clap along with happiness while managing your pet business operations in real time including the millions of Gift Cards which consumers will exchange and redeem at a staggering pace….

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

Wiser

In 2018, it seems like we constantly see headlines about retailers that are shutting down a large number of their store locations throughout the U.S. stores after 70 years of business. How can any major retailer be able to grow—and remain successful—in the face of so many retailers consolidating their stores? The company was millions of dollars in debt, and it was unable to provide its stores with investments that were already long overdue.

2020 VALENTINE ECONOMICS AND GROWTH PERSPECTIVE FOR JEWELERS LOOK LIKE A DIAMOND IN THE SKY

RETAIL MANAGEMENT SOFTWARE

ChainDrive’s inventory management technology not only powers and empowers retailers and brands to connect their e-commerce platforms to brick and mortar stores, it gives them all the necessary munitions to satisfy and exceed their convenience expectations on-time, on-budget and on-target.

2020 VALENTINE ECONOMICS AND GROWTH PERSPECTIVE FOR JEWELERS LOOK LIKE A DIAMOND IN THE SKY

RETAIL MANAGEMENT SOFTWARE

ChainDrive’s inventory management technology not only powers and empowers retailers and brands to connect their e-commerce platforms to brick and mortar stores, it gives them all the necessary munitions to satisfy and exceed their convenience expectations on-time, on-budget and on-target.

What is Price Management and Optimization?

Retalon

Identifying the optimal price for each product is not enough — because you also need the process and infrastructure to apply those changes across your organization (change prices on your ecommerce, apply new stickers and price tags throughout your stores, etc.).

Off-Price Quarterly Results Showcase Benefits Of ‘Essential Retailer’ Status

Retail Touch

The COVID-19 pandemic has divided the discount vertical: Essential retailers such as Dollar General and Dollar Tree , which were able to keep most stores open, posted strong sales gains, while The TJX Companies and Ross Stores , which were deemed non-essential, reported significant losses.

2020 VALENTINE ECONOMICS AND GROWTH PERSPECTIVE FOR JEWELERS LOOK LIKE A DIAMOND IN THE SKY

RETAIL MANAGEMENT SOFTWARE

While Department stores are the ones to get the highest traffic during Valentine’s Day (36%), followed by discount stores and online shopping (32%), specialty stores are expected to grab 19% of shoppers, whereas local small stores stand at 15% followed by clothing stores and jewelry shops tied at par with 11% of intentions.

[Infographic] Brick-and-Mortar Retailers (Plus Chocolate) Drive Sales on Valentine’s Day

Wiser

Instead, they’re better served by being presented in stores. That kind of last-minute shopping lends itself well to in-store purchases. Discount Stores Beat Big-Box Stores. The answer was discount stores, such as 5 Below, dollar stores, and others, as 53 percent said they buy here for this holiday. In second was big-box stores like Target, with department stores, dedicated florists, and other retailers trailing behind.

7 Price Planning Tips to Maximize Retail Profits (2020)

Retalon

Account For Your Pricing Constraints Store Types Price Zones Legal Restrictions Manufacturer or Vendor Prices Competitor Prices Product Families Private-Label Products What does this mean for price planning? A discount store for bargain hunters?