Discount stores

Steinhoff increases revenue by 14% as customers turn to discount stores amid tough economy

A Poundland store in the UK, part of Steinhoff’s Pepco group. Steinhoff says it increased its sales by 14% in the past financial year as customers flocked to its discount stores in Europe and Africa. The group is now focusing on reducing its debt by 9.8 billion euros, which still exceeds the total turnover of […]

Discount stores

Is Costco Wholesale Corporation (COST) a leader in the discount store industry?

Hill 63 InvestorsObserver puts Costco Wholesale Corporation (COST) stock at the top of the discount store industry. In addition to scoring more than 75% of stocks in the discount store industry, COST’s overall rating of 63 means the stock scores better than 63% of all stocks. COST has an overall score of 63. Find out […]

Discount stores

Where are shares of Walmart Inc (WMT) falling in the discount store space after falling -3.16% this week?

Walmart Inc (WMT) is in the middle of the discount store industry according to InvestorsObserver. WMT received an overall rating of 46, meaning it scores above 46% of all stocks. Walmart Inc also earned a score of 42 in the discount store industry, which puts it above 42% of discount store inventory. Discount stores are […]

Discount stores

Brunswick City Council approves ordinance regulating discount stores; congratulate Donut Land

BRUNSWICK, Ohio – After months of discussions and a nearly two-year moratorium on granting building permits to small discount stores, the City Council has approved an ordinance conditionally permitting such businesses in the General Business District (CG) of the city. The ordinance both defines the term “small discount store” and differentiates them from grocery stores […]

Discount stores

Is Dollar Tree, Inc. (DLTR) a bad choice at discount stores on Friday?

A 92 rating places Dollar Tree, Inc. (DLTR) near the top of the discount store industry according to InvestorsObserver. Dollar Tree, Inc.’s score of 92 means it scores above 92% of industry stocks. Dollar Tree, Inc. also received an overall rating of 63, which puts it above 63% of all stocks. Discount stores are ranked […]

Discount stores

Carl Bennett, founder of Caldor Discount Stores, dies at 101

Carl Bennett, who transformed an $ 8,000 investment in a second-floor “Walk-Up – & – Save” store in Port Chester, NY, in 1951 into Caldor, the regional discount chain he sold for three decades later for $ 313 million, died Dec. 23 at his home in Greenwich, Connecticut, he was 101 years old. His death […]