Content about Discounters

April 17, 2014

Wal-Mart Stores Inc. is launching a new store-to-store money transfer service that will put it in competition with Western Union and other companies.

April 15, 2014

99 Cents Only Stores LLC reported a widening net loss in an abbreviated 10-month fiscal 2014 which was shortened from the Saturday closest to the end of March to the Friday closest to the end of January.

April 15, 2014

Several Sears Outlet stores across the country have new owners. Locations in Oceanside, Ontario, and Corona, Calif., are now owned by Tony Lutfi.

April 15, 2014

Tesco Plc plans to bring its value-priced F&F clothing format to the United States, opening seven stores on the East Coast this year with its U.S. franchise partner, Retail Group of America.

April 14, 2014

Dollarama Inc. has named Johanne Choinière as COO, effective May 12.

April 14, 2014

Levi Strauss & Co. has named former Walmart executive Marc Rosen as executive VP and president of global e-commerce, effective May 5.

April 11, 2014

Grant Pattison, CEO of Massmart Holdings Ltd., a South African retailer that operates as a subsidiary of Wal-Mart, is resigning.

April 11, 2014

PriceSmart Inc. reported increases in net earnings and revenues during the second quarter of fiscal 2014.

April 10, 2014

March was a so-so month for retailers, whose performance was impacted by unspring-like, cold temperatures in many parts of the country and a late Easter.

April 10, 2014

Family Dollar Stores Inc. plans to close about 370 underperforming stores , cut jobs and lower prices on 1,000 basic items on the heels of a disappointing second quarter.

April 10, 2014

Wal-Mart will carry Wild Oats organic food items later in April with a new, more affordable price point on products covering a broad variety of categories.

April 9, 2014

Dollarama Inc. reported an increase in sales, net earnings and same-store sales for the fourth quarter and fiscal year 2014, compared to the same periods in the prior year.

April 9, 2014

Target Corp. is introducing “Made to Matter – Handpicked by Target.”

April 9, 2014

Walmart, a pioneer in the use of LED lighting systems in signage, freezer cases and parking lots, is expanding its use of LEDs to the sales floor.

April 8, 2014

Walmart is the most valuable retail brand in North America, with a brand value estimated at $131.8 billion, according to Interbrand's "Best Retail Brands" report.

April 8, 2014

Nordstrom announced plans to open at a Nordstrom Rack at The Shops at River Walk in Bakersfield, Calif.

April 7, 2014

Kohl’s Department Stores has debuted its new brand campaign, based on the word “Yes.”

April 4, 2014

One-in-three microbusiness owners (31%) depend more on a second job for their personal income than they do on their business, yet 69% say owning their business is the ideal job.

April 4, 2014

All lawsuits relating to the 2013 data breach at Target Corp. will be consolidated before a single court in Minnesota.

April 3, 2014

Family Dollar is rolling out electronic article surveillance (EAS) loss prevention technology from Checkpoint Systems across the retailer's more than 8,000 stores nationwide.

April 3, 2014

The Bon-Ton Stores plans to open a 27,000-sq.-ft. Herberger’s Clearance Center in Maplewood, Minn.

April 3, 2014

Walmart named Labeed Diab senior VP and president health and wellness, filling a position previously held by Dr. John Agwunobi, who has left the company.

April 2, 2014

Target announced plans to open a store in Westwood, Mass., opening in March 2015.

April 1, 2014

Family Dollar is expanding its food assortment with the introduction of more than 400 new food items in each of its more than 8,000 stores across the country.

© 2014