Discount stores

Dollar, discount stores could strengthen after coronavirus

Dollar General and Dollar Tree are among the retailers that could benefit after the COVID-19 pandemic ends, JPMorgan analyst Matthew Boss said Thursday. “I think the discounters, dollar stores, low prices and strong global brands could come out stronger, take market share, use their size and scale,” Boss said in the “Mid Report. -time “from […]

Warehouse stores

Closure of Carphone Warehouse stores in North Wales – and where the brand will live

Carphone Warehouse announced this week that it is closing hundreds of its stand-alone stores across the UK. The company, which sells cell phones, revealed that all 531 of its stores will close on April 3, which means the loss of 2,900 jobs, although 1,800 affected employees are set to take on new ones. positions elsewhere […]

Warehouse stores

Heavy blow for shopping centers with the closure of 22 Carphone Warehouse stores in Northern Ireland

DIXONS Carphone has confirmed it will close 22 Carphone Warehouse stores in the north on April 3 as part of a decision to close 531 UK outlets. The company said the move was unrelated to the impact of Covid-19, but said it would lead to 2,900 layoffs. Approximately 1,800 will be offered positions elsewhere in […]

Warehouse stores

Closure of Carphone Warehouse at Canary Wharf Stratford East Ham and Barking

Retailer Dixons Carphone has announced plans to shut down all 531 of its stand-alone Carphone Warehouse phone stores in the UK, resulting in nearly 3,000 job cuts. This will affect stores in Canary Wharf, Stratford (where there are two stores), East Ham and Barking. The group said the stores – which account for around 8% […]

Discount stores

Neiman Marcus will close most discount stores and focus on luxury

NEW YORK — Neiman Marcus is abandoning the off-price business and focusing on its high-end customers. The privately held luxury retailer said it was closing more than half of its remaining 22 Last Call stores, which sold designer brands at deep discounts. The company said Wednesday that the measures, which will result in the loss […]

Discount stores

Neiman Marcus to close most discount stores and focus on luxury

NEW YORK – Neiman Marcus abandons non-price activities and focuses on high-end customers. The private luxury retailer said it was closing more than half of its remaining 22 Last Call stores, which sold designer brands at very bargain prices. The company said on Wednesday that the measures, which will result in 500 job cuts over […]

Outlet stores

Most Last Call outlet stores are closing

The Dallas-based company said Wednesday that a “majority” of its 22 Last Call stores in the United States will close in the fall as it focuses on selling luxury at full price. Some stores will remain open to sell leftover Neiman Marcus inventory rather than buying new merchandise. The company has yet to decide which […]

Warehouse stores

Long Islanders are invading supermarkets and warehouses amid coronavirus fears

Long Islanders crowded into supermarkets and warehouses on Thursday amid coronavirus fears. Traffic was blocked on Broadhollow Road by drivers waiting to enter the Melville Costco parking lot. Inside, shoppers lined up long lines with carts filled with huge packages of toilet paper, bottled water, beer, baby wipes, crackers, cereal, water. Clorox bleach and other […]

Discount stores

Dallas-based Neiman Marcus will close most Last Call discount stores

As part of a plan to focus on what it does best, Dallas-based Neiman Marcus Group will close some of its 22 Last Call discount stores, with closings taking place by October 31, 2020. According to a statement, the closures come as the company focuses on growing its luxury customer base and promoting full-price sales, […]

Warehouse stores

US Foods to acquire Smart Foodservice Warehouse Stores

Photography: Shutterstock US Foods is going big with cash-and-carry. The Rosemont, Ill.-Based general distributor on Friday announced an agreement to acquire Smart Foodservice Warehouse Stores, which operates 70 small cash stores in California, Washington, Oregon, Idaho, Nevada, Utah and Montana. , for $ 970 million in cash. The stores, currently owned by private equity group […]