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.

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Retail TouchPoints

JULY 20, 2022

Ross Stores is opening 29 new locations in 12 states over June and July as it continues to move toward its goal of opening approximately 100 new brick-and-mortar stores in FY 2022, which ends Jan. off-price apparel retailer plans to open 75 Ross Dress for Less and 25 dd’s DISCOUNTS stores. The Dublin, Calif.

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Location Discount Store Apparel Planning 278

Retail TouchPoints

JANUARY 29, 2021

adults plan to celebrate Valentine’s Day this year, spending a total of $21.8 However, 74% of those celebrating noted that pandemic will directly impact their Valentine’s Day plans, which has resulted in an average spending drop. Just over half ( 52% ) of U.S. per person spent in 2020.

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Specialty Store Department Stores Discount Store Planning 306

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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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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Discount Store Department Stores Planning Accessories 246

Retail TouchPoints

JULY 31, 2020

Numerous social media posters wrote that Walmart plans to consolidate e-Commerce operations at its Bentonville, Arkansas, headquarters, but few workers were offered the option to relocate. Multiple sources say the restructuring plans were in place for several months and are not related to COVID-19.

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Discount Store Store Operations Marketing Planning 294

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. Ecommerce shops will be the most popular destination, visited by 41% of shoppers, followed by department stores ( 32% ), discount stores ( 28% ), small businesses ( 18% ) and florists ( 17% ). Super Bowl LVI, with the L.A. 13, will add another $14.6

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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 move comes as the retailer sets its sights on advancing automation in the business with plans to open three new distribution centres on the east coast. Aldi is currently consulting with teams about these plans which are expected to begin impacting business operations by around 2025.

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Inside Retail

DECEMBER 19, 2023

Andy Yang, a student in Beijing, recently went to Hailao Huoguo with friends and planned to switch from Haidilao in the long run. “I’m graduating next year but I still don’t have any good job offers. For me, the cheaper the better,” he said.

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Retailing Pricing Discount Store Consumer Supermarket 263

Inside Retail

AUGUST 25, 2022

The post Wesfarmers plans to ‘renew’ its portfolio after profit slips appeared first on Inside Retail. The OnePass membership program — a digitally native subscription service — will be extended to its other retail businesses (Bunnings and Officeworks) in the next financial year.

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Retail TouchPoints

AUGUST 27, 2024

Customers are changing where they shop, increasingly choosing discount stores and comparing prices online compared to previous seasons,” said Peter Ramer, Consumer Products Senior Analyst at RSM U.S. Buyers across income levels are choosing to trade down, purchasing less expensive store brands and online options.

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Markdowns Drop-Shipping Consumer Discount Store 337

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 22, 2022

The post The Reject Shop’s full-year sales ease up, share buy-back planned appeared first on Inside Retail. “Management has worked hard to navigate through a number of Covid-related challenges including lockdowns and the disruption associated with the emergence of the Omicron variant.

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Retail TouchPoints

SEPTEMBER 1, 2023

Primary expenses were related to retail labor, utilities, depreciation and amortization, and rent. As a result, Dollar General is revising its financial outlook: the retailer initially planned net sales growth in the range of 3.5% In addition, the retailer is revising its planned same-store sales growth of 1.0% to 1.0%.

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Markdowns Apparel Planning Consumer 264

Retail TouchPoints

MARCH 29, 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. The first Belk Outlet concept store opened in Greenville, Tenn. on March 30; Cedar Bluff, Va. on April 4.

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Location Planning Discount Store Store Operations 281

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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Beauty and Health Supermarket Grocer Discount Store 147

Inside Retail

AUGUST 26, 2021

“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. Likewise, Officeworks’ revenue jumped 8.7

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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 14, 2023

Further reading: Wesfarmers plans to ‘renew’ its portfolio after profit slips The post Kmart underpins strong quarter for Wesfarmers – but inflation fears loom appeared first on Inside Retail.

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Planning Consumer Marketing Discount Store 264

Retail Gazette

FEBRUARY 6, 2024

Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning Plans are already in place to manage any short-term delays and extended lead times will be factored into the brand’s purchasing decisions moving forward, should the situation continue , the publication reported.

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Shipping Discount Store Fashion Planning 118

Inside Retail

FEBRUARY 16, 2022

Despite this, the company managed to open 11 new stores in both metropolitan and country areas. The store network now includes 137 stores and plans are underway to open another 15 stores in the second half.

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Shopping Shipping Retailing Pricing Planning 245

Retail Wire

JULY 23, 2024

Big Lots has announced plans to close additional stores due to financial challenges exacerbated by a tough economic environment, including high inflation impacting consumer spending.

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Planning Consumer Discount Store 173

Inside Retail

APRIL 23, 2023

The firm also says it plans to launch further underpayment actions against 10 (unnamed) retailers. Adero principal Rory Markham said the firm was “filling a regulatory gap in areas where unions and the Fair Work Ombudsman (FWO) were not taking action and employers had an incentive not to self-report.”

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Payment Services Shopping Management Planning 242

Inside Retail

JUNE 3, 2021

Aldi plans to extend the e-commerce offer over time based on customer feedback, but said there are “currently no immediate plans for online groceries”. In the UK, Aldi’s online offer extends beyond Special Buys to include garden, furniture, home essentials, skincare, coffee, alcohol and more.

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Payment Services Checkout Promotions Supermarket 52

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 More than half (53%) of U.S. This is especially true among younger age groups.”.

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Jewelry Department Stores Discount Store Planning 105

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. 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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Promotions Consumer Shopping Discount Store 246

Wiser

JULY 18, 2023

In fact, a study done by NACS shows that two-fifths of consumers expected inflation or a potential economic slowdown to impact their 2023 Independence Day plans, and three-quarters were actively looking for ways to save money. With this mind, shoppers may not be willing to splurge quite as much on some food items this year.

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Consumer Promotions Discount Store Apparel 148

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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Inside Retail

SEPTEMBER 22, 2022

Kmart is planning to open four more stores in New Zealand within the next year. We’ve got growth plans for Kmart New Zealand in both the North and South Islands for many, many years to come, so I like competition.”. The post Kmart eyes New Zealand growth ‘for many years to come’ appeared first on Inside Retail.

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Department Stores Planning Discount Store ATS 130

Inside Retail

JULY 25, 2023

The business briefly considered rebranding all its Kmart locations to Target stores due to the retailer’s long-standing heritage. Wesfarmers ultimately didn’t move forward with that plan, and instead decided to double down and invest in Kmart and Target independently.

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Small Biz Trends

JULY 11, 2022

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. But preparing for a possible recession is part of prudent business planning.

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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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Accessories Apparel Fashion Planning 130

Wiser

FEBRUARY 13, 2019

Instead, 45 percent plan a date night and 24 percent spend the romantic night at home. Discount Stores Beat Big-Box Stores. The answer was discount stores, such as 5 Below, dollar stores, and others, as 53 percent said they buy here for this holiday. Shoppers Love to See Before Buying.

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Inside Retail

FEBRUARY 20, 2023

The company plans to open six new stores in this half. For the first seven weeks of trading during the second half, sales improved by 3.8 per cent while online sales continues to flounder, down by 23.3 Earlier this month, former CEO Rodney Orrock stepped down as he continues to make progress in his treatment and recovery from lymphoma.

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Inside Retail

AUGUST 23, 2023

The business opened 15 new stores during the year predominantly in neighbourhood and strip locations in both metro and country areas and closed four. There are plans to close up to 10 stores in the current year.

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