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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. 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

Consumer 246
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Category Insights Report: Dollar Stores Redefine Themselves with Enhanced Merchandising and Mobile Apps

Retail TouchPoints

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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Extended Back-to-School Season Spotlights Need for Tactical Markdowns

Retail TouchPoints

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.

Markdowns 337
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Good. Different? Aldi follows rivals on self-service and e-commerce

Inside Retail

The online shop will serve up new additions to the online store at 8:30am on Wednesdays and Saturdays in line with the Special Buys promotion in-store. A rolling tool chest, USB condenser microphone and an auto shredder are among the upcoming items being promoted on the site.

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Meet the new online outlet mall targeting Gen Z and millennial consumers

Inside Retail

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

Consumer 246
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How Kmart, The Party People are cashing in on Halloween

Inside Retail

It’s going to be happy hauntings for retailers, as one in four Australians plan to celebrate Halloween this year. According to ARA CEO Paul Zahra, Halloween has grown in Australia on the back of the ongoing globalisation of retail and retail promotions. Parents, adults and teens getting into the spooky season.

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Independence Day Trends: What Consumers Purchased Fourth of July 2023

Wiser

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. Wiser’s mystery shoppers paid particularly close attention to in-store stock levels, displays, and promotions.

Consumer 148