Retail TouchPoints

JUNE 18, 2020

These stores are designed to offer a pop-up style experience, with the first wave operating in Indiana, Missouri, Ohio, Pennsylvania and Wisconsin for six months. The new discount stores are in addition to three clearance centers opened last year in in Utica, Mich., Spartanburg, S.C. and Racine, Wis.

Sporting Goods 179

Sporting Goods Markdowns Apparel Discount Store 179

Mass Relators

JUNE 20, 2022

Sam Walton opened his first Walmart store in 1962, deciding to bet on the discount store format that was shaking up the retail industry at the time. The dime store retailer S.S. Kresge, a much bigger operator with deeper pockets, also saw the format’s potential, and opened its first Kmart store.

Discount Store 52

Discount Store Department Stores Store Operations Marketing 52

Mass Relators

FEBRUARY 26, 2024

Over the course of the last decade, the company that began as a general merchandise discount store operator has entered several new fields, including financial services, technology development and health care clinics, to name just a few.

Discount Store 52

Discount Store Planning Management Fulfillment 52

Wiser

FEBRUARY 13, 2019

Discount Stores Beat Big-Box Stores. The answer was discount stores, such as 5 Below, dollar stores, and others, as 53 percent said they buy here for this holiday. Naturally, free shipping was much lower, likely connected to the preference for brick-and-mortar stores over online.

Discount Store 74

Discount Store Department Stores Shipping Store Operations 74

Retail TouchPoints

MAY 28, 2020

Closed Stores Lead To Losses, But Recovery May Be Right Ahead. While off-price retailers can succeed in times of economic turmoil, the realities of operating during a pandemic are currently weighing down non-essential discount stores. TJX, which shut down both its stores and web site, reported net sales of $4.4

Markdowns 162

Markdowns Discount Store Finance Apparel 162

Retail TouchPoints

MARCH 29, 2023

Each Belk Outlet stocks discounted items from larger Belk stores across the retailer’s footprint, including new products as well as high-end and designer brands the locations may not have carried in the past. The first Belk Outlet concept store opened in Greenville, Tenn.

Location 281

Location Planning Discount Store Store Operations 281

Inside Retail

MARCH 13, 2023

Sari-sari stores are essentially neighbourhood stores, which figure prominently in lower-middle-class locations in the Philippines. Typical sales figures of these stores can fluctuate wildly, ranging from 1500 pesos (US$27) per day or per month. These stores operate in what we call a sachet economy.

Consumer 130

Consumer Store Operations Marketing Promotions 130

Retail TouchPoints

SEPTEMBER 1, 2023

Although Placer.ai’s quarterly index for Q2 2023 found that store traffic for discount and dollar stores were up 4.7% billion, largely driven by positive sales contributions from new stores.

Markdowns 264

Markdowns Apparel Planning Consumer 264

Wiser

DECEMBER 11, 2018

Five Below’s dedication to listening to customer feedback led to an increase in sales, net income, and more store openings. It should be a model for how other retailers, especially discount stores, operate in the current climate. . Ultimately, there is still a definite need for physical retail stores of all categories.

Management 68

Management Discount Store Store Operations Checkout 68

Inside Retail

JUNE 28, 2022

In terms of store operations, all Miniso stores in mainland China are equipped with their proprietary intelligent store management system, which provides sales and inventory data in real time, as well as suggestions based on big data analysis.

Inventory Turnover 130

Inventory Turnover Clienteling Social Commerce Consumer 130

Inside Retail

JUNE 3, 2021

“Anecdotal feedback from the first day of the trial was overwhelmingly positive with more than half of our customers opting to use the new Self-Checkouts,” Robert Eichfeld, store operations director at Aldi Australia, said.

Payment Services 52

Payment Services Checkout Promotions Supermarket 52