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The Reject Shop posts sales decline due to lockdowns, absenteeism

Inside Retail

million, with comparable-store sales falling due to rising Omicron in most states during the Christmas trading period. Andre Reich, CEO of The Reject Shop stated that the team was challenged with uncertainty and volatility due to Covid. “We Store expenses were reduced by $1.1 Gross profit landed at $178.8

Shopping 245
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[Infographic] Brick-and-Mortar Retailers (Plus Chocolate) Drive Sales on Valentine’s Day

Wiser

Instead, 45 percent plan a date night and 24 percent spend the romantic night at home. 83% of shoppers buy their Valentine’s Day gifts at brick-and-mortar retailers. Furthermore, most shopping occurs right before the holiday. That kind of last-minute shopping lends itself well to in-store purchases.