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

Retail TouchPoints

Free returns, at 31% , and quick/helpful customer service, at 27% , also are vital elements. Wherever they shop, members of Gen Z are looking for a friction-free customer journey: 46% rate quick and easy checkouts as the most important factor in their shopping experience, followed closely by fast shipping ( 45% ).

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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.

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Woolworths’ first-half profit increases as customers return to stores

Inside Retail

per cent as customers across all businesses returned to in-store shopping. billion driven by an increase in-store shopping while WooliesX sales (including e-commerce) fell 6.3 For the 27 weeks to January 1, sales reached $33.2 billion, up 4 per cent, while tax-paid profit grew 14 per cent to $907 million. billion, up 18.4

Returns 130
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Ross Stores Plans to Add 100 Brick-and-Mortar Locations by January 2023

Retail TouchPoints

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.

Location 264
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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% ).

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Dick’s Doubles Down on House of Sport Format, Planning 19 New Locations by 2024

Retail TouchPoints

Dick’s has been diversifying the formats of its 850 total stores over the past few years, most recently with its February 2023 acquisition of Moosejaw from Walmart. The retailer: Introduced its House of Sport concept store in April 2021; Debuted its Going, Going, Gone! billion , up from $12.3

Location 264
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Aldi launches Corner Store in convenience push

Inside Retail

The challenge is CBDs will not return to pre-COVID levels for many years. The market leaders have worked out pretty quickly that [rolling out smaller store formats] may not be a successful strategy if we have continuing lockdowns.”. Three of the 13 stores closed and Woolwoths is reviewing the remaining 10 sites.