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Chain Store Age is the leading source of news and analysis for the retail industry, providing insights from experts.
Jan 15, 2023 · Department stores like Bed, Bath, and Beyond continue to shut down due to financial loss during the pandemic, but budget stores like Dollar General are popping up everywhere. We take a look at...
Mar 21, 2024 · Inflation has slowed, but higher-income Americans are continuing to shop at discount stores like Walmart and Dollar Tree and buy store brands instead of national brands.
Mar 13, 2024 · UNITED STATES - Dollar Tree will close nearly 1,000 stores and swung to a surprise fourth quarter loss as the discount retailer took a related $1.07 billion goodwill impairment charge. Shares...
4 days ago · On July 1, Bob’s Stores, a discount clothing retailer announced it would be shuttering its locations after filing a Chapter 11 bankruptcy restructuring petition in mid June. “Bob's Stores was ...
Nov 14, 2023 · Value retailers are holding up against a broader spending pullback as persistent anxiety over the economy and a softening job market drive shoppers to seek out discounts and deals.
5 days ago · Apparel and houseware store Primark opened its first Virginia store in Tysons Corner Center — the 25th location in 10 states that’s part of the company’s U.S. expansion. Primark, based in ...
Nov 11, 2021 · Shoppers are flocking to discount stores as inflation hits 30-year highs. Credit and debit card transaction data from Facteus showed that sales rose by 65% in this sector.
Jun 3, 2024 · Target recently announced modest price cuts on 5,000 food products and household goods. Craft and furniture stores like Michael’s and Ikea have also said they will drop prices on popular items.
Mar 7, 2024 · Aldi plans to add 800 of its discount grocery stores across the U.S. in a five-year expansion plan as it looks to capitalize on cost-conscious Americans feeling the pinch at grocery stores.
