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.

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. –

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The Reject Shop CEO quits, interim chief named

Inside Retail

Under Andre’s leadership, The Reject Shop’s corporate culture has been reset, the business has returned to profitability with a lower cost base, the balance sheet is strong and the store network continues to expand. CTS has 80 stores combining everyday low prices and seasonal merchandise.

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 million, with comparable-store sales falling due to rising Omicron in most states during the Christmas trading period. Store expenses were reduced by $1.1

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.

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”.

“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

Meet the new online outlet mall targeting Gen Z and millennial consumers

Inside Retail

Solving the ‘dirty’ side of discounting. The idea for TheDOM.com came to Seskin last year, when stores were forced to close and discretionary spending dropped off due to Covid-19.

Luxe for less: Best & Less enters beauty category with cult brand MCoBeauty

Inside Retail

Discount department store Best & Less has made its debut in the lucrative beauty category, unveiling a pink pop-up store from MCoBeauty this week. . IR: How would you describe the Best & Less pop-up store and what the customer experience is like?

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

Miniso continues to post strong growth as Covid’s impact eases

Inside Retail

Chinese discount goods retailer Miniso has reported strong first-quarter sales and profit growth for the three months to September 30 as its store network continues to expand internationally. Business Discount stores Financial Latest Sectors Top Stories

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.

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

Retail Touch

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.

Ross to Open 100 New Stores

VMS

Ross Stores Inc. Dublin, CA) plans to open 100 new doors by the end of fiscal 2022, which would push the retailer past 2000 locations for its combined footprint of Ross Dress for Less (“Ross”) and dd’s Discounts stores. Headlines Ross specialty apparel store openings

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

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.

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

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.

NRF: More consumers seeking bargains this Easter

Mass Relators

Like last year, half (50%) of holiday shoppers plan to purchase gifts at discount stores, 41% at department stores and 35% online. WASHINGTON – Eighty percent of Americans plan to celebrate Easter this year and will collectively spend $20.8

Customer satisfaction is basically unchanged

Mass Relators

Drug stores actually see a slight bump, while the other retailers are steady across the board. “If After three years of worsening customer satisfaction, the drug store industry as a whole improved 1.3% Walmart was in last place in the drug store ranking, sinking 3% to 71.

Customer satisfaction with retailers is mostly steady

Mass Relators

This study includes six retail industries – online retail, department and discount stores, specialty retail stores, drugstores, supermarkets, and gas stations – as well as consumer shipping and the U.S. ANN ARBOR, Mich.

Retail Channel Strategy – Don’t forget the discounters

Mike Anthony

If the trade press is anything to go by, you’d imagine that the discounter channel had somehow disappeared over the last twelve months. True, the discounters have had a quiet pandemic. From what I can see, discounters are well positioned to go from strength to strength.

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.

Clear vision – omnichannel retailing for optical brands

I Vend

Optical retail straddles two worlds – optical retail stores are part medical practice, with prescription lenses, and part fashion retailer, selling designer frames and sunglasses. Optical retail is a large and growing global market.

Valentine’s Day spending to hit $23.9 billion

Mass Relators

Online continues to be the most popular shopping destination for Valentine’s Day this year, visited by 41%, followed by department stores at 32 percent, discount stores at 28%, local small businesses at 18% and florists at 17%.

More Shoppers Hunting for Bargains This Easter

VMS

Like last year, half (50 percent) of holiday shoppers plan to purchase gifts at discount stores, 41 percent at department stores and 35 percent online. The post More Shoppers Hunting for Bargains This Easter appeared first on Visual Merchandising and Store Design.

Hundreds of jobs to go as Tesco axes counters and Jack’s discount shops

365 Retail

Tesco has said it will shut meat, fish and deli counters across 317 of its stores and close its Jack’s discount supermarket arm. It added that it will shut seven of its 13 Jack’s discount stores, impacting 130 jobs across the sites and its head office.

Poundland steps up expansion

365 Retail

The rollout will include more than 30 new stores and relocations already in the pipeline, with four of the new stores being among the largest in the group.

Andy Bond stepping down as Poundland owner Pepco’s chief over health issues

365 Retail

He quits after 10 years with the European retailer, which owns discounting stores under the Pepco, Poundland and Dealz brands across the continent, including seven as chief executive and launching the company on the Warsaw Stock Exchange last year.

NRF: Shoppers Are Spending for Valentine’s Day and Super Bowl Despite Pandemic Pressures

Retail Touch

Ecommerce shops will be the most popular destination, visited by 41% of shoppers, followed by department stores ( 32% ), discount stores ( 28% ), small businesses ( 18% ) and florists ( 17% ).

Satisfying Summer Shoppers with Discount Fashions

Independent Retailer

As excited as consumers were to get outside and enjoy in-store shopping, these new complications are not mixing well with summer plans. The NPD Group reported at the end of November that in-store retail sales had risen to pre-pandemic levels, while the growth of online sales was slowing.

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.

Pandemic just one of many retail challenges

Mass Relators

Thanks to skillful executive leadership and the heroic efforts of frontline personnel, the nation’s food, drug and discount stores can look with satisfaction at a time when they fulfilled their role as businesses that meet essential needs of consumers.

Cupid’s Arrow Shoots for Improved Valentine’s Day Sales This Season

Rangeme

According to the National Retail Federation (NRF), the internet was the most popular Valentine’s Day shopping destination last year, visited by 38% of consumers, followed by department stores (29%), discount stores (28%,) and local small businesses and specialty stores (tied at 17%). .

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.

Valentine’s Day Jewelry Spending to Hit Record $6.2B

VMS

Online continues to be the most popular shopping destination for Valentine’s Day this year, visited by 41 percent, followed by department stores at 32 percent, discount stores at 28 percent, local small businesses at 18 percent and florists at 17 percent.

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.