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The Reject Shop sales increase, consumers favour low-priced consumables

Inside Retail

Discount retailer The Reject Shop says consumers are gravitating towards low-priced consumables due to inflation. million while comparable store sales were up 2.4 During this period, the business also opened eight new stores in predominantly strip locations and neighbourhoods in both metro and country areas.

Consumer 246
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Ross Stores Plans 100 Openings in 2023 as it Pursues Goal of 3,500+ Stores

Retail TouchPoints

As part of the retailer’s plans to open 100 locations in 2023, Ross Stores opened 11 Ross Dress for Less and eight dd’s Discounts stores in 13 states during February and March. The 2023 additions will include 75 Ross and 25 dd’s Discounts locations.

Planning 264
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Aldi launches Corner Store in convenience push

Inside Retail

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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How Rising Prices Shape Consumer Behavior

Retail Focus

Retail data proves coupon use spikes during high inflation, and discount stores see more traffic. The Role of E-Commerce in Inflationary Periods During times of inflation, online retailers have an advantage over physical stores. Customers benefit as well because price comparison tools make it easy to find deals.

Consumer 130
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Category Insights Report: Dollar Stores Redefine Themselves with Enhanced Merchandising and Mobile Apps

Retail TouchPoints

Once largely associated with lower-income households, dollar stores are now becoming retail staples even for more affluent households, inspiring retailers in these categories to invest more heavily in marketing, merchandising and technology innovation that will help them differentiate. That all creates positive momentum for these retailers.”

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Ross Stores Opens 19 Locations

Shopping Center

Ross Stores Inc. has opened 16 Ross Dress for Less stores and three dds DISCOUNTS stores across 14 different states this month. The newest store locations are… The post Ross Stores Opens 19 Locations appeared first on Shopping Center Business. Dublin, Calif.

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Back in the black: The Reject Shop reports 63 per cent profit growth

Inside Retail

Discount retailer The Reject Shop has returned to profitability in FY23 as cash-strapped customers shop for lower-priced goods. million with comparable stores sales growth up 4 per cent. There are plans to close up to 10 stores in the current year. Overall sales increased 5.8 per cent to $819.3 per cent to $10.3

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