Inside Retail

JUNE 6, 2021

Chinese discount chain Miniso accelerated its expansion plan during the pandemic, opening 364 stores around the world during the past 12 months. The expansion has increased Miniso’s store number to 4587 in China and 94 in overseas markets. During Q3 2021, Miniso generated US$340.3 Its e-commerce sector accounted for $26.1

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Retail TouchPoints

SEPTEMBER 21, 2023

In a return to pre-pandemic behaviors, more consumers plan to throw or attend a party ( 32% ) or to take their children trick-or-treating ( 28% ) this year, although the top celebratory activities for consumers will be handing out candy ( 68% ), decorating their home or yard ( 53% ) and dressing in costume ( 50% ). set in 2021.

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Discount Store Consumer Planning Returns 278

Retail TouchPoints

JULY 31, 2020

At the same time, we’re creating new roles, particularly in our supply chain, in our stores and in other facilities, which will open up new opportunities.” Talk Business & Politics also said that Walmart’s real estate division lost 250 people, noting that Walmart has opened only three stores between April 2019 and January 2020.

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Retail TouchPoints

JULY 14, 2023

billion , with the top products planned for purchase including laptops ( 51% ), tablets ( 36% ) and calculators ( 29% ). More than 55% of respondents who are planning to shop for school supplies said they had already started buying as of early July — on par with 2022 and up from 44% in 2019. per person, up from $1,199.43 set in 2021.

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Inside Retail

JULY 27, 2021

Discount stores are booming in post-Covid Europe as price-sensitive consumers seek out bargains amid inflation and the devastating impacts of the pandemic. Meanwhile in the US, discount store chain Dollar General pulled in approximately $33.75 In June, Pepco reported first-half underlying earnings of €324 million, up 16.8

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Retail TouchPoints

FEBRUARY 11, 2022

consumers plan to celebrate Valentine’s Day in 2022, up from 52% in 2021. Not all of that spending will go to product purchases at retail — 41% of survey respondents said they would “love to receive the gift of experiences,” up from 36% in 2021. Notably, the pandemic is still weighing on Super Bowl plans. billion as 72% of U.S.

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Retail TouchPoints

JULY 20, 2023

Moving closer to its goal of opening 100 stores during fiscal 2023, Ross Stores opened 18 Ross Dress for Less and nine dd’s Discounts stores across 14 states in June and July. The value retailer now operates 2,061 stores in 41 states, the District of Columbia and Guam.

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Location Discount Store Planning Marketing 189

Inside Retail

JULY 12, 2021

The new store layout is designed to support smaller-basket, convenience-driven purchases, in contrast to the traditional big-box Aldi supermarket typically frequented by consumers for larger shopping trips. Reports of the new store concept circulated in May after the retailer submitted an application to North Sydney Council.

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Supermarket Discount Store Store Layout Returns 264

Retail TouchPoints

AUGUST 27, 2024

“With so many things happening over the last two years — the pandemic, political pressures, social justice protests, geopolitical and supply chain challenges — everyone stayed at a perfect moderate level of anxiety,” said Ericka McCoy, Chief Marketing Officer at analyst firm Resonate in an interview with Retail TouchPoints.

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Inside Retail

DECEMBER 19, 2023

Falling income growth is normalising lower consumption in China, with some industries experiencing declining revenue, as “companies are lowering prices to maintain their market share and avoid being squeezed out,” said Wang Dan, a Shanghai-based economist at Hang Seng Bank. at the flagship chain.

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Retail TouchPoints

FEBRUARY 8, 2024

These shoppers, now between 28 and 43 years old, have become more frugal with retail purchases, noted Coresight Research analyst Sujeet Naik: “As the millennial cohort ages, their household formation rate will accelerate, reflecting more stable incomes and plans for marriage and children,” he said.

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Inside Retail

AUGUST 25, 2022

During the year, the business also expanded its range, store network and fulfilment capabilities to enhance customers’ shopping experience. per cent to $418 million largely due to Covid-related store closures in the first half, coupled with stock congestion at domestic ports and distribution centres. per cent to $3.16

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Retail TouchPoints

MARCH 29, 2023

Belk will open five additional Belk Outlet locations as part of a new concept launched at the start of 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. on April 4.

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Inside Retail

AUGUST 22, 2022

I believe we can have a meaningful impact by offering our customers both branded consumables as well as general merchandise at a low price.”. The company opened 22 new stores during the year – primarily in neighbourhoods and strip locations in both metro and country areas – but closed 14 underperforming stores, taking its store count to 369.

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Retail Focus

NOVEMBER 1, 2022

Poundland has set out plans to offer an alternative to the big grocers by accelerating ‘Project Diamond’ which will bring new ranges to between 275 and 300 more stores between now and Autumn 2023. In August, Poundland announced plans to open, relocate or extend up to 25 new stores by the end of this year.

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Inside Retail

JUNE 1, 2021

TheDOM.com (DOM stands for Digital Off-Price Mall) will offer discounted designer fashion, streetwear and activewear from more than 90 leading Australian and international brands when it goes live in the second half of June, and there are plans to expand into additional categories, such as homewares, electronics and travel, in the future. “We

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Inside Retail

FEBRUARY 16, 2022

In an ASX announcement, the discount retailer has announced that sales for the half were estimated at $424.7 Gross profit landed at $178.8 million, with comparable-store sales falling due to rising Omicron in most states during the Christmas trading period. million, down by 2.2 per cent compared to the previous year.

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Inside Retail

AUGUST 26, 2021

Revenue at Bunnings increased 12.5 Kmart and Target earnings growth [of 69 per cent to $693 million] was driven by higher sales, lower clearance costs and an improvement in the cost of doing business as a result of planned network changes,” Scott said. per cent over the course of FY21, reaching $16.8

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Inside Retail

JUNE 3, 2021

Thirteen years after Woolworths introduced self-service checkouts to Australian supermarket shoppers, discount grocer Aldi has bowed to the demand for quick and convenient self-serve transactions at its stores. Mortimer expects Aldi will need to keep groceries in-store only to manage costs. “I

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Inside Retail

JULY 25, 2023

Looking at Target’s trajectory over the past few years, however, it’s clear that this latest move could very well be the beginning of the end. The business briefly considered rebranding all its Kmart locations to Target stores due to the retailer’s long-standing heritage. It’s quite the opposite.

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Mass Relators

JANUARY 31, 2022

consumers plan to celebrate the holiday in 2022, up from 52% in 2021. Nearly a third (31 percent) of respondents plan to gift an “evening out” this year, up from 24 percent in 2021 and just slightly below pre-pandemic levels, for a total of $4.3 Total spending on jewelry is estimated at $6.2 More than half (53%) of U.S.

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Jewelry Department Stores Discount Store Planning 105

Wiser

JULY 18, 2023

This year’s Fourth of July was no exception—shoppers were out in full force, taking advantage of discounts and special sales. In this blog post, we will take a look at the shopper data from this past Fourth of July holiday weekend so you can make more informed decisions during the next key selling period.

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Inside Retail

OCTOBER 26, 2022

It’s going to be happy hauntings for retailers, as one in four Australians plan to celebrate Halloween this year. Anything related to events is booming at the moment,” he said. The Australian Retailers Association is expecting $430 million to be raked in over the period, with an average spend of $86 per person.

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Inside Retail

SEPTEMBER 22, 2022

Kmart is planning to open four more stores in New Zealand within the next year. Kmart will open its own distribution centre at the 92ha Superhub in about a year’s time, serving its store network in the top half of the North Island. Kmart New Zealand is a growth business for us,” Gualtieri told Stuff.

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Retail Times

AUGUST 9, 2023

The Original Factory Shop continues to assert its position as the UK’s leading community and value, brand led retailer as it announces plans to increase its number of store openings this year, against the backdrop of tough times in retail.

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365 Retail

JUNE 6, 2023

percent, the increase in grocery spend was fueled by the Coronation bank holiday weekend and Eurovision, as Brits purchased food and drink for street parties and celebrations at home. In contrast, discount stores enjoyed a growth of 5.0 Apart from the near-record food price inflation rate of 19.1 percent and 13.1

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Inside Retail

MARCH 20, 2023

The flagship store will sell a range of womenswear, menswear, children’s fashion, toys, shoes, accessories and homewares products from big brands at discount prices. A TK Maxx Australia spokesperson told The West Australian it plans to open more stores in Perth during the coming years.

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Inside Retail

MAY 2, 2021

Retail brands quickly realised that it was no longer business as usual after the pandemic set in, and marketing plans, execution, creative, and channels had to be re-thought wholescale. For grocery and discount stores, we anticipate 70-80 per cent of this e-commerce surge to stick around for good.” Purpose drives purchase.

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Small Biz Trends

JULY 11, 2022

The impact of a recession on your business at times can be hard to predict. Have a Financial Plan. Having a well-thought-through financial plan can help in challenging times. Your financial plan should include a budget, healthy savings, investments in multiple financial products, and earning goals.

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Wiser

FEBRUARY 13, 2019

At Wiser, we were wondering what went through consumers’ heads around this holiday, so we polled more than 2,700 mystery shoppers from across the U.S. According to our Wiser survey of our network of smartphone-enabled shoppers, 83 percent buy their Valentine’s Day gifts at brick-and-mortar retailers. to find out.

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Indigo 9 Digital

JANUARY 30, 2023

By Tricia McKinnon If you rolled back the clock to 50 years ago it would be hard to imagine a world where malls were not at the centre of commerce. The Class A malls] will continue to do well,” said Keith Jelinek, a senior managing director at Ankura. Sears has only 15 full line stores now. of their income on clothing.

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Mass Relators

MARCH 28, 2022

WASHINGTON – Eighty percent of Americans plan to celebrate Easter this year and will collectively spend $20.8 With just more than half (51%) of consumers planning in-person celebrations, up from 43% the previous year, food will account for the largest spending category. on food, followed by $28.04 on gifts and $27.93 on clothing.

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Consumer Department Stores Discount Store Planning 52

Retalon

JUNE 10, 2020

Price planning is one of the most difficult (and often misunderstood) elements of retailing strategies. But emulating successful retailers in price planning isn’t enough. Standard price planning strategies (competition pricing, cost-plus, high-low, EDLP, etc.) What does this mean for price planning?

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Planning Markdowns Promotions Accounting 41

I Vend

MARCH 14, 2022

billion market in 2021 , nor that it is forecast to continue to grow at 6% over the next seven years. That means that optical retail stores not only face competition from each other, but also from different retail segments, including department stores, speciality fashion, pharmacies and discount stores.

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365 Retail

JANUARY 5, 2022

Andy Bond, a high street veteran and former chief of Asda, said he will leave Pepco at the end of March and remain an adviser to the board until the end of the financial year. The boss will be replaced by chief operating officer Trevor Masters, himself a former supermarket executive at Tesco where he headed up the international operation.

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Supermarket Discount Store Finance Returns 64

Mass Relators

JULY 19, 2021

WASHINGTON – Consumers plan to spend record amounts for both school and college supplies as families and students plan to return to in-person classrooms this fall, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. on school items, which is $59 more than last year.

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Department Stores Discount Store Planning Returns 52

Mass Relators

JULY 11, 2024

Retailers have anticipated this early demand and are well-positioned to offer a variety of products at competitive prices.” While shopping is well underway, the majority (86%) of consumers still have at least half of their purchases left to complete. on clothing, shoes, school supplies and electronics. on average for electronics ($13.7

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