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As shopping patterns change with more and more consumers choosing to shop at discountstores such as dollar stores or big box retailers like Target department stores have taken a hit and subsequently so have malls. The mix of retailstores in malls is changing. of their income on clothing.
According to the National Retail Federation (NRF), the internet was the most popular Valentine’s Day shopping destination last year, visited by 38% of consumers, followed by department stores (29%), discountstores (28%,) and local small businesses and specialty stores (tied at 17%). .
By Tricia McKinnon If you are wondering where consumers are spending their money in this period of high inflation then you have to look no further than your local discountstore. Five Below, Dollar General and Dollar Tree are among some of the most successful retailers in the United States. Store expansion. said Anderson.
Primark is one of the fastest growing retailers in Europe with plans to have more of a presence in the United States. When you look at the retail sector it tends to be the top of the market, luxury retailers and the lower end of the market, discountstores that perform the best. Stores at the centre.
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