Discount stores

Amazon reportedly explored opening discount stores to get rid of unsold electronics

Amazon explored the idea of ​​opening discount stores or outlets selling unsold electronics and household items at deep discounts, Bloomberg reported. The proceeds would come from inventory in its warehouses, and the company weighed the opening of permanent locations and pop-up stores in malls and parking lots. The inventory would be made up of smaller […]

Discount stores

Opinion: Discount stores often sell products containing dangerous chemicals. Low income buyers deserve better.

well done is the national coordinator of the Campaign for Healthier Solutions. He lives in El Cajon. The COVID-19 pandemic has shed light on racial health disparities in the United States, which have sadly worsened over the past 20 years. One reason is that people of color have higher rates of chronic illnesses and illnesses […]

Discount stores

Etailer planned to open physical discount stores before the pandemic

Forget the virtual shopping cart: Amazon aims to open discount homewares and electronics stores in the US, reports Bloomberg. In an article published yesterday, the outlet reports that plans for the stores were in their infancy last year, but discussions were halted due to pandemic concerns. Discount stores would be a way for Amazon to […]

Discount stores

Amazon explored opening home goods and electronics stores

Seattle: Amazon.com Inc. has explored opening discount retail stores selling a mix of home goods and electronics, a potentially significant expansion of the company’s growing portfolio of physical locations. The outlets are reportedly holding unsold inventory in Amazon warehouses with deep discounts, according to two people familiar with the plans. The company has considered opening […]

Discount stores

Amazon explored opening home goods and discount electronics stores

In its search for additional growth after achieving dominance in many online retail categories, Amazon has built a major brick-and-mortar operation in recent years, starting with a chain of bookstores, which debuted in 2015 in an upscale Seattle. mall. Amazon Go, a convenience store without cashier which uses cameras and other sensors to track what […]

Discount stores

Amazon plans to open discount stores for electronics and home goods

The COVID-19 pandemic has stalled efforts in Amazon ( AMZN -2.66% ) open new retail stores that would sell consumer electronics and household items at discounted prices. Bloomberg reported today that the e-commerce giant studied the new concept last year, but as the coronavirus pandemic worsened, it was forced to prioritize its employees to manage […]

Discount stores

City Council passes moratorium on discount stores | Local News

Douglasville City Council on Monday unanimously approved a 90-day moratorium on small discount store applications while conducting studies into the matter. The small discount stores Dollar General, Dollar Tree and Family Dollar are the biggest brands in the United States. The stores have a combined total of 20 locations in the county and five stores […]

Discount stores

Discount stores grow, contradicting pandemic retail trends

Discount stores like TJ Maxx, HomeGoods and Dollar General are preparing to open more stores even as large retailers face challenges. (iStock) What is the retail collapse? As department stores and chain stores have suffered since even before the pandemic, discount retailers – including Five Below, HomeGoods, TJ Maxx and Dollar General – are stepping […]

Discount stores

Loblaw Discount Stores on the Rise after ‘Leak to Conventional Stores’: Chairman

Loblaw Companies Ltd.’s discount grocery stores. are starting to regain market share after consumers flocked to conventional supermarkets at the start of the pandemic, the company’s president said on Thursday. Loblaw Companies Ltd.’s discount grocery stores. are starting to regain market share after consumers flocked to conventional supermarkets at the start of the pandemic, the […]

Discount stores

Broadview Heights extends moratorium on small-box discount stores by one year

BROADVIEW HEIGHTS, Ohio – City council has renewed and extended a one-year moratorium on the opening of new “little box” discount stores, such as Dollar General and Family Dollar. The original one-year moratorium, which the council approved in September 2019, expired four months ago. The council had established the moratorium – or ban – so […]

Discount stores

Court closes two Waterford discount stores

Two discount stores in Co Waterford, which opened just before the start of the Christmas market, must close, the High Court has ordered. A third store in the city of Waterford, all operated as ‘Homesavers’ stores, may remain open but may not sell everyday consumer goods, including food, clothing and shoes, Judge Garrett Simons said […]

Discount stores

Southfield City Council approves moratorium on small-box discount stores

Southfield City Council has approved a moratorium on small-box discount stores. The moratorium period will last 180 days. Advertising SOUTHFIELD – Southfield City Council has approved a moratorium on small-box discount stores that will last 180 days. Mayor Ken Siver said residents have contacted the city about opening several of these stores in the same […]

Discount stores

North Royalton imposes a one-year moratorium on new discount stores

NORTH ROYALTON, Ohio – The city has established a one-year moratorium on new “little box” discount stores, such as Dollar General and Dollar Tree, under a city council ordinance unanimously approved in October. This means that North Royalton will ban the opening of any new small-box retail stores for one year until city officials can, […]

Discount stores

Net sales of discount stores increase during pandemic> Charleston Business Journal

The pandemic has helped Americans appreciate the value of a dollar – and a dollar store. According to a third quarter report from Colliers International South Carolina, discount store activity is intensifying during the pandemic as consumers seek to purchase products at cheaper prices near their homes. “What we are seeing is that discount stores […]

Discount stores

Palm Coast City Officials Vote To Regulate Discount Stores

Smaller discount stores will be discussed at the Palm Coast board meeting. CTE DE PALM – The city council last week unanimously approved an ordinance amending the unified planning code to define and regulate the location of small-box discount stores. Palm Coast officials say the prevalence of discount stores could exclude small supermarkets that carry […]

Discount stores

Brunswick city council holds back new discount stores

BRUNSWICK, Ohio — A recent glut of “small discount” stores in the city has led to a temporary moratorium on issuing occupancy permits to such businesses. Before City Council unanimously approved the moratorium (Ward 1 Councilman Michael Abella Jr. was absent from the meeting), Community and Economic Development Director Grant Aungst said small discount stores […]

Discount stores

The success of the retail store industry relies on digitization

Zacks Retail – Discount Stores segment includes businesses that offer clothing, accessories, footwear, beauty products, personal and baby care products, cleaning products, pet supplies and food products. and drinks. Industry participants also provide home textiles, home furnishings, housewares, toys and seasonal decor products. These companies sell their products through stores or digital channels, or both. […]

Discount stores

Small-box discount moratorium passes with 4-1 vote from Palm Coast City Council

A 150-day moratorium on small discount stores was approved 4-1 by Palm Coast City Council on June 16, allowing the City of Palm Coast to review regulations and ensure residents have a sufficient contribution on all future stores, such as Dollar General, which may offer to build in residential areas. City Councilor Jack Howell voted […]

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 […]

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 […]

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

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, […]

Discount stores

Discount Retail Store Industry Outlook: Margin Issues

Zacks Retail – Discount Stores segment includes businesses that offer clothing, accessories, footwear, beauty products, personal and baby care products, cleaning products, pet supplies and food products. and drinks. Industry participants also provide home textiles, home furnishings, housewares, toys and seasonal decor products. These companies sell their products through stores or digital channels or both. […]

Discount stores

6 Calgary Discount Stores That Will Steal All Your Money

Next time you want to shop but need to stick to a tight budget, we’ve got you covered. Did you know that there are plenty of inexpensive places in stores where you can fill your cart for just a few dollars? To help you get some amazing deals, we’ve put together a list of all […]

Discount stores

We compared the shopping experience at Nordstrom and Bloomingdale’s discount stores, and while both were messy, the former was much more impressive.

Bethany Biron / Business Insider We did a Nordstrom Rack scavenger hunt. Traditional retailers like Macy’s and Nordstrom are increasingly looking to their low-cost counterparts to help keep their businesses afloat. Global retail analytics firm NPD Group has found that two-thirds of consumers regularly buy low-cost branded clothing. We recently shopped at Nordstrom Rack and […]

Discount stores

Roses discount stores open in northeast Louisiana on closed Fred sites

These “dollar store” gadgets are real technological bargains The next time you go to your local “dollar store” be sure to walk the electronics aisle. UNITED STATES TODAY Two Roses Express discount stores were launched in former Fred stores in northeast Louisiana. A Roses Express at 522 Lincoln Road (Louisiana 139) in Swartz is open […]

Discount stores

Ross, dd’s discount stores scheduled for 6 Corners Plaza – Nadig Newspapers

by BRIAN NADIG Ross Dress For Less and its sister store, dd’s Discounts, are moving to Six Corners Plaza at the southeast corner of Cicero and Milwaukee avenues, according to Alderman Jim Gardiner (45th). Ross will occupy the retail space on the building’s first floor, while dd’s will operate in the basement, according to the […]

Discount stores

No discount stores in Mauldin for 6 months under the city’s moratorium

As new developments continue to sprout from all corners of Mauldin, one type of business you won’t see advertised in the next six months in the city is another dollar store. The city has temporarily suspended the development of such businesses, with a six-month moratorium on the development of small discount stores adopted by Mauldin […]

Discount stores

The best Christmas stockings at dollar and discount stores in Philadelphia

Want to save money this holiday season? Don’t rule out your local dollar or discount store. Most sell a range of fun and useful Christmas stocking ideas – and the fluffy stockings to gift them in – at an affordable price. We challenged three readers from across town to pick the best gems from a […]

Discount stores

The History of Gibson Discount Stores

At one time, this chain had nearly 700 stores in the south-central United States and as far away as Hawaii and Guam. At the time the chain died, its headquarters were here in Dodge City. Prior to 1936, when Herbert “Herb” R. and Belva Gibson opened the Gibson Novelty Company in Abilene, Texas, Herb had […]

Discount stores

How discount stores became the fastest growing retail industry

While many mid-priced brands and fast-fashion retailers have seen better times of late, the good old-fashioned dollar store has continued to thrive. As Modern Retail reports, data from e-commerce analytics firm Edge by Ascential reveals that discount retail stores have grown faster than other retail sectors in the United States. . According to the numbers, […]

Discount stores

Discount food stores will grow faster than other retail channels

Discount and convenience stores in the United States are expected to grow faster than any other offline retail channel over the next five years, reflecting consumers’ increased focus on price and speed, even if that means a more limited assortment, according to an analysis of e-commerce. intelligence company Edge by Ascential. Discount food stores, in […]

Discount stores

Carrefour to open two Supeco discount stores in France By Reuters

By Dominique Vidalon PARIS (Reuters) – crossroads (PA 🙂 is launching two Supeco stores in northern France this month, Europe’s largest food retailer announced on Wednesday. Supeco was launched by Carrefour in Spain in 2012 when Pascal Clouzard headed the Spanish activity. Clouzard became boss of Carrefour France in 2017. Carrefour currently operates 23 Supeco […]

Discount stores

Discount stores are the winners as retailers report revenue

Text size Photograph by Cesar Rodriguez/Bloomberg As the second quarter earnings season draws to a close, the retail sector continues to divide into winners and losers, and not always where one would expect. In recent quarters, the winners have been chains that offer consumers a distinct value proposition or make shopping particularly easy, online or […]

Discount stores

Birmingham’s new law hopes to increase availability of fresh food and limit discount stores

Birmingham changed its zoning on Tuesday to increase access to fresh food and limit discount stores. The changes aim to improve the nutrition of around 149,000 Birmingham residents – around 69% of the city’s population – who live in a “food desert”. The USDA defines a “food desert” as an area where at least one […]

Discount stores

3 discount stores that are crushing it in the digital age

Many traditional brick-and-mortar retailers continue to close stores in record numbers due to reduced foot traffic, years of debt financing and fierce competition from e-commerce giant Amazon.com, Inc. (AMZN ). Sears’ Chapter 11 bankruptcy filing in October of last year – along with disappointing first quarter results from major shopping centers JC Penney Company, Inc. […]

Discount stores

What it’s like to shop at discount stores and Walmart supercenters

In the United States, there are three different formats of Walmart brick and mortar stores that include Walmart Supercenters … REUTERS / Rick Wilking … Walmart Discount Stores … FILE PHOTO: Walmart logo can be seen outside one of Chicago’s stores Reuters … and Walmart neighborhood markets. Business Insider / Hayley Peterson We looked to […]

Discount stores

Esplanade bullish Kravetz on casinos, Apple; sees turmoil for discount stores

NEW YORK (Reuters) – Heavy holiday spending by U.S. consumers will not boost retailers across the board, but rather benefit winners like Apple Inc AAPL.O who have signature products, Esplanade Capital’s Shawn Kravetz said at the Reuters Global Investment 2019 Outlook summit in New York on Wednesday. Shares of the iPhone maker slipped 3% at […]

Discount stores

Discount stores stand out as the road gets tougher for retail

A TJ Maxx store in Florida last year. TJX, owner of the channel, is due to release its results on November 20. Photograph by Joe Raedle / Getty Images Text size Although retail has performed well this year, the outlook is getting more complicated, but discounters can still see gains, according to Wells fargo. Where […]

Discount stores

Where could we see new Jack’s discount stores popping up in Norfolk?

Since announcing its new Jack’s discount store chain, Tesco has been quiet about the 15 possible locations it is considering for future stores. Since announcing its new Jack’s discount store chain, Tesco has been quiet about the 15 possible locations it is considering for future stores. The supermarket chain launched the brand this week, with […]

Discount stores

$ 1.50 Deals: These 2 New Discount Stores In Katy Will Really Stretch Your Dollar

KATY, Texas (KTRK) – Two new discount stores that have just opened in Katy offer a little something for every ethnicity. At Daiso, located at 559 S. Mason Road, almost everything in the store costs just $ 1.50. It’s your one-stop-shop for things like eye shadow and lipstick, kitchenware including pots and pans, Japanese snacks, […]

Discount stores

Colorado Discount Stores Fill Big Box Gap

Erin StaffordManaging Director, North American CMBS, DBRS When several big box retail stores announced their closures in 2017, the United States saw massive closures nationwide. Colorado was not spared by the onslaught and hemorrhage of retail chains like Gymboree, Radioshack, and Family Christian Stores LLC in the same year. Despite surprisingly optimistic numbers reported by […]

Discount stores

Why people aren’t shopping at outlet stores and discount stores this summer – footwear news

Outlets and other low-cost stores may have been hot spots for consumers for much of the recent tough times in retail, but a new report highlights a slowdown in the industry this summer. According to a report by financial services and research firm Cowen & Co., traffic to low-cost stores has been on a downward […]

Discount stores

Dollar Disruptors: How Discount Stores Are Disrupting the Grocery World

Not so long ago, dollar stores were the oddballs of the retail world, home to an assortment of discontinued groceries, party supplies, cheap toys, and other low-priority products. . They were so non-threatening to traditional retailers that some, like Wal-Mart, co-located with them. What a difference a few years and an economic downturn make. Beginning […]

Discount stores

Discount stores are killing department stores

Shoppers queue before the opening of the annual Harrods Summer Sale at Harrods on June 28, 2014 in London, England. John Phillips/Getty Discount stores overwhelm department stores as growing numbers of Americans refuse to pay full price for anything. Consumers began turning to discount stores during the recession, and many have not returned to shopping […]

Discount stores

Macy’s “Backstage” discount stores to open soon to boost sales

Legendary Macy’s department store cuts nearly 5,000 jobs and closes 40 stores in 21 states after reporting disappointing holiday sales. Sales in November and December fell almost 5% from 2014. Under pressure to sell real estate, Macy’s opened branches of its discount stores, “Macy’s Backstage”, inside their traditional stores in the hope of attracting customers. […]

Discount stores

Mickey Hudson, CEO of Hudson Discount Stores, Dies of Tornado in Marion County

COLUMBIA, Mississippi – The CEO of Hudson’s Inc. died in an Alabama hospital from injuries sustained in the December 23 tornado in Marion County, Mississippi. The family announced Mickey Hudson’s death on Facebook and his death has been confirmed by local authorities. Hudson was the CEO of Hudson Inc., which operates numerous Hudson’s Treasure Hunt […]

Discount stores

TK Maxx and Discount Stores: If It Sounds To Good To Be True, It Probably It Is | The independent

Everyone loves a good deal. There is a radical statement. Here’s another one: no one likes to feel ripped off. Especially when you get ripped off by something claiming to be a good deal. It’s the convoluted logic that informs Channel 4’s Dispatches, “Secrets of the Discount Stores,” (airing Monday night, December 9) which aims […]

Discount stores

Newport ranked as one of the best cities for discount stores

Newport has been ranked among the UK’s High Value Store Towns, according to figures released by the Callcredit Information Group. Sunderland tops the rankings with the highest percentage of discount stores in the UK, with over a fifth of all stores (22.27%) belonging to the “value” category. Newport came in second, with 19.51% of all […]

Discount stores

Will Nordstrom’s discount stores harm its brand?

As shoppers actively seek bargains, the proximity of Nordstrom’s full-price stores to its Nordstrom Rack discount locations, the majority of which are located outside of traditional sales centers, may encourage consumers to shift their spending toward options. the cheapest, Chen mentioned. “With Rack opening in malls with no outlet nearby by car, your customer will […]