Skip to main content

Discount Store

  • Walmart debuts updated Neighborhood Market format

    Walmart is going on the offense as German grocery giant Lidl prepares to enter the United States this summer.   The discounter has rolled out a new prototype for its Neighborhood Market grocery-store concept in a handful of markets nationwide.   

  • Auction scheduled for 58 MC Sports locations

    MC Sports, a longtime fixture in the Midwest that filed for bankruptcy in February, has put leases on its stores in seven states up for auction.   The 58 stores range in size from 11,000 to 46,000 sq. ft. and are located in Iowa, Illinois, Indiana, Michigan, Missouri, Ohio, and Wisconsin. Bids are due by April 7 to A&G Realty Partners, which is handling the auction.  

  • Survey reveals retailers with best customer experience

    Three very different retailers earned the top score in a survey of customer experience.   Ace Hardware, BJ's Wholesale Club, and QVC deliver the best customer experience in the retail industry, according to the 2017 Temkin Experience Ratings, an annual customer experience ranking of companies based on a survey of 10,000 U.S. consumers.   

  • Report: Footwear chain eyes Chapter 11, shutters stores

    Payless could be the newest retailer headed toward bankruptcy.   The struggling retailer could file for bankruptcy as soon as next week. In the meantime, Payless is already making plans to reorganize operations by shuttering stores, according to Bloomberg.   

  • Report: Hy-Vee to add clothing boutiques in 4 stores

    Hy-Vee shoppers will soon be able to buy new clothes while they grocery shop.    Two Hy-Vee locations in Nebraska will soon feature F&F clothing boutiques through the Iowa-based retailer’s franchise agreement with the British clothing line owned by supermarket company Tesco, reported The Anchorage Press.  

  • Value teen retailer in aggressive store expansion

    Five Below Inc. reported its 11th consecutive quarter of positive same-store sales results amid bullish growth plans for the current year.   The value retailer, which targets tweens and teens with a wide array of goods all priced at $5 or below, said it will open 100 stores in 2017, including its first ever locations in the state of California. The chain opened 85 net new stores in 2016.  

  • NRF: A late Easter could spur record spending

    With Easter being almost a month later than last year, Americans are on track to spend more than ever, according to the National Retail Federation.  

  • Urban apparel retailer on hunt for a new CEO

    The chief executive of Citi Trends has resigned after two years on the job.   The value-oriented fashion retailer said that Jason Mazzola has resigned as CEO and director “to pursue another opportunity.” It named retail veteran Bruce Smith, currently Citi Trends COO and CFO, as acting chief executive officer, and Ed Anderson as executive chairman, effective immediately.    
X
This ad will auto-close in 10 seconds