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Discount Store

  • Off-price apparel chain revamps the front end

    Forman Mills is on a growth spurt — now it needs its point-of-sale (POS) to grow with it.   The off-price retailer has grown from a single store to a 36-store chain of “big box” warehouse-style stores across multiple states. As the retailer enters its next stage of expansion in connection with a recent investment from New York-based Goode Partners LLC, Forman Mills needed a front end solution that could support its growth, and drive more efficient checkout processes.  

  • Dollar General acquires small chain

    Dollar General is set to grow its already considerable footprint through an acquisition.   The discounter will acquire all 323 stores from Dollar Express, according to the Charlotte Observer.    

  • Kmart exec to head up Pier I

    A former executive at Sears Holdings Corp. has has been named president and CEO of Pier I Imports.     Alasdair James, 46, will take the reins of the home décor chain on May 1, 2017. He replaces Alex Smith, who was ousted from the company at the end of last year amid slumping sales.   

  • Extreme-value chain to open 700 more stores

    Canadian discounter Dollarama is upping its store growth plans—and by a considerable number.   The chain, which operates some 1,000 stores across Canada, has revised its long-term target from 1,400 locations to 1,700.   “This provides Dollarama with several years of additional footprint growth,” stated Neil Rossy, president and CEO, Dollarama, which sells a variety of merchandise at fixed price points up to C$4.00.   

  • Publix, H-E-B big winners in customer experience survey

    Two regional grocers beat all the competition in and out of their category in a survey of customer experiences across 20 different industries.   

  • Report: Walgreens sets deadline for approval of Rite Aid deal

    The latest move by Walgreens Boots Alliance in its pursuit of the Rite Aid may be a bet that a Trump-appointed FTC chief will finally push the deal through.  

  • Commentary: Is a Target, Walmart Price War About to Break Out?

    In light of Target shares dropping 15% after their latest earnings announcement, Target CEO Brian Cornell said executives would be detailing moves for greater pricing aggressiveness and increased merchandise differentiation, both tactics that Target has been known for historically. Cornell’s pricing reference led to speculation about a price war with Walmart, which many experts surmise Target simply can’t win. Speculation aside, is a price war poised to erupt between these two mega-retailers?    

  • Stage Stores to acquire bankrupt department store chain — but not all of it

    Gordmans is being rescued from liquidation — at least, part of it.    Stage Stores won a bid to acquire about half of Gordmans’ stores. The Omaha, Nebraska-based department store chain filed for Chapter 11 on March 13.    The retailer’s bid edged out Jeff Gordman, the former CEO of Gordmans, who also made a play to revive the bankrupt 106-store department store chain.   
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