Discount stores

Convenience stores overtake major discount stores in 2021 sales l KBS WORLD

Photo: Yonhap News The combined sales of the country’s top three convenience store operators exceeded those of the three discount department stores. According to data from the Department of Commerce, Industry and Energy on Wednesday, the country’s top three convenience store operators – GS25, CU and 7-Eleven – accounted for 15.9% of total retail industry […]

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 […]

Warehouse stores

Retail warehouse stores are increasingly popular in Topeka. Here is what you need to know about 6 of them.

Shoppers at RJ’s Discount Store, 3729 SW South Park Ave., look for deals in different sections of discounted items on Saturday afternoon. A growing number of discount stores have popped up in the Topeka area in recent years, from north of the Kansas River to Holliday Square. Some are department stores, carrying an assortment of […]

Discount stores

Large discount stores become the main points of sale for imported wine

This archive photo shows a customer choosing a wine. (Yonhap) SEOUL, August 25 (Korea Bizwire) – Departmental discount stores have become the main outlets for consumers to purchase imported wine, a consumer watchdog said Tuesday. According to a survey by the Korea Consumer Agency (KCA) of 1,000 local consumers who had purchased imported wine in […]

Outlet stores

Factory outlets in Wichita (and discount retailers)

You don’t have to travel as far as Kansas City or Oklahoma to shop for bargain-priced brand name products in malls. Wichita outlet stores and low cost retailers have deals as good or better, and you save money on gas get there. If you still want the “mall” experience, a short drive south of Oklahoma […]

Discount stores

Supply Side: Dollar, Discount Stores Dominate Retail Store Growth for 2021

As Walmart and other retailers focus and spend heavily on omnichannel shopping, other discounters such as Dollar General, Dollar Tree and Ross have announced expansion plans for more stores in 2021. Coresight Research reports more than 3,199 new store announcements in the first quarter of 2021, compared to 2,548 closures. This is the first time […]

Discount stores

Amazon plans discount stores for home goods and electronics

Amazon.com 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 permanent stores, as […]

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

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 […]

Warehouse stores

High Court places liquidators in Irish Oasis and Warehouse stores

The High Court has appointed provisional liquidators for the Irish branches of the Oasis and Warehouse women’s fashion stores. The order was sought in connection with Oasis Fashions Ireland Ltd and Warehouse Fashion Ireland Ltd, which the court heard were part of the Aurora Fashions group owned by Icelandic bank Kaupthing. The order to liquidate […]

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 […]

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 […]

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

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

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

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

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. […]

Outlet stores

Are there any good deals to be had at the factory outlets? It depends | Local company

As Amy Wittman was sorting through merchandise for the opening of St. Louis Premium Outlets, she noticed familiar stickers on some items. “It’s funny because we released stuff, I recognize the labels we use for shoes,” said Wittman, Saks Fifth Avenue Off 5th store manager, who previously worked at the retailer’s full-line store in Square. […]