Discount or dollar stores, which offer prices at $10 or under, typically thrive in uncertain economic times.
Dollar stores often have two workers in the store at any time, and critics say this makes them more vulnerable to crime than, for example, Walmarts.
By stocking fewer products and having a larger portion of own-brand goods, discount stores have more flexibility to manage the supply chain crisis.
Dollar stores are among retailers raising prices as inflation soars on the rising cost of labor, raw materials, and supply chain expenses.
Five Below successfully embraces trends and items that were hard to find during the pandemic.
A tight labor market means many workers have had more opportunities to quit jobs and seek better opportunities elsewhere.
Dollar General sells products at 20% to 40% less than drug and grocery stores. Here's how it keeps prices down.
Retailers have announced thousands of store closures this year as the coronavirus pandemic ravages an industry that was already facing its share of challenges. However, some retailers are still moving forward with plans to grow their store fleet in 2020. Among the retailers expanding their footprint are discount stores, grocery […]
Dick’s Sporting Goods is opening two new kinds of stores, and they both focus on discounts. Overtime stores are outlets that sell sports apparel and equipment at up to 75% off, while Dick’s Sporting Goods Warehouses are temporary stores with even deeper discounts. The emphasis on discounts comes at a […]
Off-price stores are booming in today’s retail climate. Macy’s is adding a total of 57 locations of its off-price store Backstage in 2020, as part of a three-year revitalization plan announced on February 4. TJ Maxx, a leading off-price retailer, continues to see solid revenue growth in a tough retail […]
Nordstrom Rack is thriving even as its full-price store struggles to find its footing amid an uncertain retail climate. During its most recent earnings call, Nordstrom reported eight consecutive quarters of sales growth for its off-price business, while its full-price department store posted declines. Here’s how Nordstrom Rack keeps its […]
Ross Stores and TJ Maxx are two major discount chains. Both stores offer designer items for cheaper than regular stores and sell a variety of items, from clothes to home goods. We visited a Ross store in Davie, Florida and a TJ Maxx in New York City and while Ross […]
Ross Stores is a discount chain that historically posts strong sales. The company competes with stores like TJ Maxx and Marshalls.All offer designer items for cheaper. We visited a Ross store in Davie, Florida and saw why the company is doing so well, despite the messy and somewhat disorganized store. […]
TJ Maxx and its off-price siblings have become some of the few legacy brick-and-mortar stores that have been able to withstand the threat of Amazon and e-commerce in general. In the past two years, Marmaxx – TJ Maxx and Marshalls – have seen continued same-store sales growth while department stores […]
Dollar Tree is a top dollar store chain. The company’s net sales increased in the second quarter by 3.9% and it currently operates over 15,100 stores in the US and Canada under the brands Dollar Tree, Family Dollar, and Dollar Tree Canada. We compared Dollar Tree stores in Jersey City, […]
The CEO of TJX Companies – the retail giant behind TJ Maxx, Marshalls, and HomeGoods – said in a recent earnings call that these brands could benefit from President Donald Trump’s proposed round of tariffs on $US300 billion worth of Chinese goods. This is because consumers may flock to budget […]
Fred’s is closing 104 stores and beginning liquidation sales. The stores are spread across 13 states, mostly in the southeastern United States. Visit Business Insider’s homepage for more stories. Discount-store chain Fred’s announced on Thursday that 104 more of its stores will close this year. “These additional store closures are […]