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Ross Stores Plans 100 Openings in 2023 as it Pursues Goal of 3,500+ Stores

Retail TouchPoints

As part of the retailer’s plans to open 100 locations in 2023, Ross Stores opened 11 Ross Dress for Less and eight dd’s Discounts stores in 13 states during February and March. The 2023 additions will include 75 Ross and 25 dd’s Discounts locations.

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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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Treat, no Trick: NRF Forecasts Halloween Spending will Hit Record $12.2 Billion

Retail TouchPoints

In a return to pre-pandemic behaviors, more consumers plan to throw or attend a party ( 32% ) or to take their children trick-or-treating ( 28% ) this year, although the top celebratory activities for consumers will be handing out candy ( 68% ), decorating their home or yard ( 53% ) and dressing in costume ( 50% ). set in 2021.

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NRF: Electronics Will Drive Back-to-School Spending to Record $41.5 Billion

Retail TouchPoints

billion on back-to-school (BTS) shopping this year, up from $36.9 billion , with the top products planned for purchase including laptops ( 51% ), tablets ( 36% ) and calculators ( 29% ). Opportunities still remain for retailers to capture the remaining spend, as 85% of families still have at least half of their shopping left to do.

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The Original Factory Shop plans to open 16 stores and create 160 jobs

Retail Times

The Original Factory Shop continues to assert its position as the UK’s leading community and value, brand led retailer as it announces plans to increase its number of store openings this year, against the backdrop of tough times in retail.

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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 Despite this, the company managed to open 11 new stores in both metropolitan and country areas.

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Back in the black: The Reject Shop reports 63 per cent profit growth

Inside Retail

Discount retailer The Reject Shop has returned to profitability in FY23 as cash-strapped customers shop for lower-priced goods. million with comparable stores sales growth up 4 per cent. There are plans to close up to 10 stores in the current year. Overall sales increased 5.8 per cent to $819.3

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