Remove Discount Store Remove Marketing Remove Shopping
article thumbnail

The Reject Shop names its new CEO

Inside Retail

The Reject Shop has tapped a former senior Bunnings and Officeworks executive as its new CEO. Phil Bishop, who was most recently director of merchandise & marketing at Bunnings, also served as COO at Officeworks. His retail career started 30 years ago as a people greeter in a Target store. Phil Bishop (LinkedIn).

Shopping 246
article thumbnail

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. During inflation, many discount retailers increase their market share, while others struggle.

Consumer 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CEOs exit: The Reject Shop, Best & Less leaders step down

Inside Retail

The CEOs of two discount retail chains — The Reject Shop and Best & Less Group — have stepped down with immediate effect today citing personal reasons. Steven Fisher, chairman of The Reject Shop, said the board and team have thanked Bishop for his work over the past six months and wish him well.

Shopping 246
article thumbnail

The Reject Shop profit jumps 643 per cent as restructure moves past ‘reset’

Inside Retail

million, as lockdowns around the country caused shoppers to avoid public spaces, with many of the businesses stores located in shopping centres and CBD locations: areas hit particularly hard by movement restrictions. Comparable store sales fell 19 per cent in total, with large shopping centre and CBD stores making up the bulk of that.

Shopping 246
article thumbnail

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.

article thumbnail

Sweaty palms and bargain bins: Why consumers are flocking to dollar stores

Inside Retail

Discount stores are booming in post-Covid Europe as price-sensitive consumers seek out bargains amid inflation and the devastating impacts of the pandemic. Pepco Group currently trades from over 3000 stores in 15 territories across Europe, meeting the needs of 50 million shoppers each month. All consumers love a good bargain.

Consumer 246
article thumbnail

How Brands can Deliver More Value to Shoppers in 2023

Retail TouchPoints

Loyalty programs, as well as strategically deployed marketing tactics, can help retailers win over hesitant consumers. respondents said rising inflation had affected their shopping habits, which included actions such as shopping at discount stores and consolidating shopping trips to save costs.