This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
As part of Loblaws plans to invest $2.2 billion (Canadian) this year, the supermarket retailer will open 80 new stores under a variety of banners, with approximately 50 of these stores being hard discount locations. The retailer had opened three no name stores in Ontario in 2024 , promising consumers steep discounts.
Ross Stores is already nearly one-third of the way toward its goal of opening approximately 100 new stores in fiscal 2022. In February and March 2022, the discount retailer opened 22 Ross Dress for Less locations and eight dd’s DISCOUNTSstores in 15 states and Guam.
Walmex , Walmart ’s Mexico and Central America business, is planning to spend nearly $1.5 The investment, which is up 27% from the amount spent in 2022, will primarily be used to remodel and maintain existing stores while opening new locations, along with improvements to supply chain and technology. billion in the region in 2023.
Through a combination of converting existing stores and building at least 10 new stores next year, Dick’s Sporting Goods will add at least 19 House of Sport locations by 2024. The retailer also plans to exit its Field & Stream banner; after closing 12 of those stores in Q4 2022, which ended Jan. billion , up from $12.3
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 Discountsstores in 13 states during February and March. The 2023 additions will include 75 Ross and 25 dd’s Discounts locations.
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.
Moving closer to its goal of opening 100 stores during fiscal 2023, Ross Stores opened 18 Ross Dress for Less and nine dd’s Discountsstores across 14 states in June and July. The value retailer now operates 2,061 stores in 41 states, the District of Columbia and Guam.
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.
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%.
“Anecdotal feedback from the first day of the trial was overwhelmingly positive with more than half of our customers opting to use the new Self-Checkouts,” Robert Eichfeld, storeoperations director at Aldi Australia, said.
Instead, 45 percent plan a date night and 24 percent spend the romantic night at home. DiscountStores Beat Big-Box Stores. The answer was discountstores, such as 5 Below, dollar stores, and others, as 53 percent said they buy here for this holiday. Shoppers Love to See Before Buying.
At the same time, the company is re-emphasizing the importance of its retail roots with plans to resume opening stores in the United States. At a number of recent industry forums, executives have described current activities and future plans and the vision that inspires them. According to Walmart U.S.
“The dedicated toy section allows every Miniso customer to experience the immense fun and joy brought about by our toys, while enjoying the treasure hunt shopping experience in our store,” said Vincent Huang, VP of the international business department at Miniso in a statement. Expansion plans. Backend intelligence.
We organize all of the trending information in your field so you don't have to. Join 40,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content