Inside Retail

APRIL 26, 2022

Andre Reich, CEO at The Reject Shop, has stepped down with immediate effect. 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.

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Inside Retail

FEBRUARY 16, 2022

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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Retail TouchPoints

SEPTEMBER 21, 2023

Consumers will be shopping early for festive décor and other related items, and retailers are prepared with the inventory to help customers and their families take part in this popular and fun tradition.” Nearly one-third ( 32% ) plan to shop online. Among those celebrating, 45% plan to start shopping before October.

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Retail TouchPoints

JULY 14, 2023

billion on back-to-school (BTS) shopping this year, up from $36.9 More than 55% of respondents who are planning to shop for school supplies said they had already started buying as of early July — on par with 2022 and up from 44% in 2019. Consumers are expected to spend a record $41.5 billion in 2022 as well as the previous high of $37.1

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Inside Retail

AUGUST 23, 2023

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. Overall sales increased 5.8 per cent to $819.3 Tax-paid profit grew 63.4 per cent to $10.3

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Inside Retail

AUGUST 18, 2021

million, as lockdowns around the country caused shoppers to avoid public spaces, with many of the businesses stores located in shopping centres and CBD locations: areas hit particularly hard by movement restrictions. Comparable store sales fell 19 per cent in total, with large shopping centre and CBD stores making up the bulk of that.

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Inside Retail

JUNE 10, 2021

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. Customer aggression] is definitely on the increase. “It Abuse a weekly occurrence for a quarter of SDA workers.

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Mass Relators

JULY 13, 2023

WASHINGTON – Consumers are expected to spend record amounts for both back-to-school and back-to-college shopping this year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. Back-to-class shopping is one of the most important consumer shopping occasions of the year.

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Inside Retail

JULY 27, 2021

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. All consumers love a good bargain.

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Retail Times

AUGUST 9, 2023

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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Retail TouchPoints

MARCH 7, 2023

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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Retail TouchPoints

JANUARY 29, 2021

Unsurprisingly, ecommerce will be the most popular destination for Valentine’s Day shopping, accounting for 39% of the total. The other top shopping destinations include: Department stores ( 29% ); Discount stores ( 28% ); and A tie between local small businesses and specialty stores ( 17% each).

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Mass Relators

DECEMBER 12, 2022

million Americans shopped in stores and online during the five-day holiday shopping period from Thanksgiving Day through Cyber Monday, according to the annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. million in-store shoppers, up from 51 million last year. Roughly 87.2

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Indigo 9 Digital

JANUARY 30, 2023

A mall was the place where you could grab a bite to eat and get your shopping done all within one trip. While malls still serve this function today the advent of online shopping has meant your local mall isn’t the only game in town. The first shopping centre in the United States opened in Edina, Minnesota in 1956.

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Inside Retail

JUNE 10, 2021

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 post Netflix and shop: Online store offers limited-edition merchandise appeared first on Inside Retail.

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365 Retail

FEBRUARY 1, 2022

The company said it will shut counters at the shops with the “lowest demand” amid changes in customer habits. It added that it will shut seven of its 13 Jack’s discount stores, impacting 130 jobs across the sites and its head office. Customers shop in Tesco’s Jack’s store in Chatteris (Joe Giddens/PA).

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Inside Retail

JULY 12, 2021

The new store layout is designed to support smaller-basket, convenience-driven purchases, in contrast to the traditional big-box Aldi supermarket typically frequented by consumers for larger shopping trips. Reports of the new store concept circulated in May after the retailer submitted an application to North Sydney Council.

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Shopping Center

JULY 20, 2021

. — TCB-WCO has purchased West Colonial Oaks, a 160,792-square-foot shopping center located in Orlando, for $17 million. Office Depot, Family Dollar, Olive Garden and Ollie’s Bargain Discount Store anchor the property.

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Retail Gazette

FEBRUARY 22, 2024

Atria Watford shopping centre is welcoming a host of new value retailers stores which will fill the former John Lewis building. ” The centre is also launching a Choice Discount shop, as well as Peacocks and Bonmarché in a combined store, which are set to open in the second half of the year.

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Retail TouchPoints

JANUARY 5, 2023

respondents said rising inflation had affected their shopping habits, which included actions such as shopping at discount stores and consolidating shopping trips to save costs. 81% are more likely to purchase from an online store that offers some sort of reward or cashback on purchases.

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365 Retail

AUGUST 16, 2021

UK retailers are gearing up for a strong back-to-school shopping season in the coming weeks as “brick and mortar browsing” regains momentum, research suggests. UK retailers are gearing up for a strong back-to-school shopping season, according to Mastercard (Mike Egerton/PA). Prices can differ significantly store-to-store.

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Retail TouchPoints

FEBRUARY 11, 2022

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% ). Candy ( 56% ), greeting cards ( 40% ) and flowers ( 37% ) also will be popular items with many shoppers.

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Talking Retail

MAY 25, 2021

Officers found counterfeit cigarettes and empty cartons at the Little Hulton shop on the day officers went to caution him for the two previous offences. Shujat Ali, owner of Super Discount Store, Hulton. This story continues at Illegal tobacco sales land shopkeeper in court. Or just read more coverage at Talking Retail.

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Retail Focus

NOVEMBER 1, 2022

Together with an ambitious store opening plan for 2023, and a commitment to helping customers cope with the effects of soaring inflation, Poundland will be bringing more value to more places than ever before. And while frozen food is proving a hit with customers, chilled food is also winning new customers. from £3.00.

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Shopping Center

SEPTEMBER 23, 2021

. — 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. Located at 17099 Valley Blvd.,

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Retail TouchPoints

JULY 8, 2021

Approximately one in three people are now comfortable resuming going to the office, to the hairdresser, sending children to school, non-food shopping, going to bars/restaurants and traveling within their own country. Retail TouchPoints (RTP): Kantar’s survey revealed that online shopping is the number-one increased behavior worldwide.

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Mass Relators

AUGUST 7, 2023

WASHINGTON — Consumers are expected to spend record sums this year on back-to-school and back-to-college shopping, according to the annual survey from the National Retail Federation (NRF) and Prosper Insights & Analytics. Back-to-class shopping is one of the most important consumer shopping occasions of the year.

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Inside Retail

APRIL 6, 2021

However the researchers identified some common themes: Early digital adopters go into overdrive: Markets where online shopping was already widely adopted – such as the UK and the US – experienced larger gains that appear to be more permanent, than markets where digital adoption was less prevalent, such as Argentina and Mexico.

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Rangeme

APRIL 17, 2023

As inflation continues and supply chain issues leave plenty of room on store shelves, shoppers are focusing more on value and availability when making purchasing decisions. Many are also turning to private-label brands to save money on their shopping bills. Shoppers are turning to discount stores for everyday needs.

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Mass Relators

OCTOBER 19, 2023

“Retailers have been preparing for months to ensure their inventories will meet demand, while at the same time helping consumers maximize their budgets with shopping events and discounts running throughout the extended holiday shopping season,” according to Matthew Shay, NRF’s president and chief executive officer.

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Inside Retail

MAY 18, 2021

Despite the launch of click-and-collect in Best & Less stores nationwide last year, Kmart and Target Australia are further ahead in this space, thanks to their parent company Wesfarmers’ acquisition of the nearly $1 billion e-commerce giant Catch Group. . Allegro to retain majority stake.

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Inside Retail

FEBRUARY 2, 2023

Despite the significant drop in month-to-month department store spending, he said there was a $200 million increase in sales between December 2021 and 2022. Mortimer explained that the quick drop can be attributed to the long lead times for deliveries, and that Christmas shopping is mostly done in November.

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Inside Retail

DECEMBER 13, 2023

Shein’s low prices — US$5 t-shirts and US$10 sweaters — also draw shoppers who might have otherwise shopped at clothing discount stores. Shein accounted for nearly one-fifth of the global fast-fashion market in 2022, outpacing Zara and H&M.

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Mass Relators

APRIL 27, 2023

“While most consumers shopped online last year for the perfect Mother’s Day gift, we are seeing just as many people turn to department stores as a shopping destination this year,” says Phil Rist, executive vice president of strategy for Prosper.

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Wiser

JULY 18, 2023

With careful planning and strategizing based on past trends, companies can tailor their marketing approach accordingly to draw more customers into stores or onto websites in the upcoming holiday seasons. In anticipation of this, over half of shoppers say they’ll buy items on sale while nearly a third will prepare budget-friendly foods.

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Mass Relators

JULY 19, 2021

According to the survey, as of early July more than half (51%) of K-12 and college shoppers have begun shopping for the items they will need when classes resume later this year. And 39% say they took advantage of recent sale events such as Prime Day, Target Deal Days and Walmart’s Deals for Days to shop specifically for school items.

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Inside Retail

AUGUST 22, 2022

Despite a rocky start to the financial year, discount variety retailer The Reject Shop says its sales have improved steadily since March. Comparable store sales fell 2.2 The post The Reject Shop’s full-year sales ease up, share buy-back planned appeared first on Inside Retail. per cent to $788.2

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