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

Retail TouchPoints

Gen Z wants curation of services, retail stores and food and beverage experiences, since they often spend more on dining than shopping,” said Cegielski. “If 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.’

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Reject Shop brushes off wage theft class action as ‘immaterial’

Inside Retail

Discount retailer The Reject Shop is facing a class action lawsuit for “purported underpayments” to staff, launched by specialist law firm Adero Law Between February 2016 and April 2021, seven former employees of the discount retailer allege underpayment during their employment with the company.

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New Best & Less owners force compulsory acquisition

Inside Retail

In an effort to encourage a fast uptake, BBRC has told BLG shareholders that if they accept the offer now, they will be paid within seven days of their acceptance, but if they wait for the compulsory acquisition process, payment will be in at least six weeks’ time.

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Walmart Plans $1.5 Billion Investment in Mexico and Central America for 2023

Retail TouchPoints

Another 29% will be dedicated to opening new stores and clubs, with the goal of expanding Walmart’s reach in the region. The new stores are expected to contribute 1.2% sales growth in 2023, and Bodega Aurrera discount stores will continue to be a focus.

Planning 243
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Retailers’ Big Opportunity? ‘Create New Shoppers,’ Advises Kantar SVP

Retail TouchPoints

However, these positive attitudes are dependent on factors like physical alternatives, costs and a dependable means of payment, along with credit terms. With supply chain congestion and major shortages of key product ingredients a global concern, superstores can counter by being the one store most likely in stock with hard-to-find items.

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Retail spending strong in late 2022, but signs of slowing emerge

Inside Retail

It matters not just to gauge demand levels but to understand customer mindsets and the operational responses required to remain competitive. The analysis also reveals a broader shift in spending from goods to services over the year. This has become more crucial as the economic cycle continues to shift.

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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.