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  • There really is a Santa Claus — and he stops at Walmart

    An unknown donor brought holiday cheer to some Walmart customers in Pennsylvania.     A mystery person under the name "Santa B" paid off $46,265.59 in layaway items at Walmart’s store in Everett, Pennsylvania, CNBC reported. The amount covered the balances on 149 layaway accounts.    
  • Destination Maternity disappoints in Q3 amid ongoing changes

    The nation’s largest maternity clothing retailer failed to meet sales and earnings expectations in the third quarter amid changes designed to focus on its core operations.     Destination Maternity reported a net loss of $1.5 million in its fiscal third quarter.   On a per-share basis, the company said it had a loss of 11 cents. Losses, adjusted for non-recurring costs, were 9 cents per share.   
  • Sears expands its ride with Uber

    Hoping to lessen the hustle and bustle of the holidays, Sears Holdings and Uber are expanding its Rider Rewards program to 23 new markets.   The service, which launched this fall in New York City and Chicago, enabled Sears Shop Your Way loyalty shoppers to link their memberships to their Uber accounts. Every Uber ride they take earns them $2 in loyalty points.  
  • Kantar Study: Dollar General and Walmart least expensive

    It’s a draw.   Dollar General and Walmart tied for the least expensive overall basket, at $27 each, in Kantar Retail's Opening Price Point Study, which seeks to determine how select retailers meet the grocery and consumable needs of shoppers looking for the lowest absolute shelf prices.     
  • Three-grocer center is sold for $42 million

    A subsidiary of NewMark Merrill Companies has acquired Southgate Plaza in Sacramento five years after it was hired by the owner to re-tenant and reposition the center.   The 339,369-sq.-ft. Southgate has the distinction of being anchored by three grocery stores — Walmart Neighborhood Market, 99 Ranch Market, and 99 Cents Only. Other tenants include Ross Dress for Less, Skechers, Payless Shoe Source, Farmer & Merchants Bank, and Taco Bell.  
  • Kohl’s VP joins Gordmans’ exec team

    Gordmans Stores named Ramin Mozafari as senior VP of planning and allocation.   Mozafari joins Gordmans from Kohl's Department Stores, where he most recently was senior VP, divisional merchandise manager for accessories. Prior to Kohl's, from 2008 to 2012, he served DSW, where he held various merchandising roles including VP, general merchandise manager.  
  • Done Deal — for $1.365 billion

    It’s official. Supervalu has finalized the sale of its discount supermarket business, Save-A-Lot, to an affiliate of Onex Corporation for $1.365 billion in cash.   In connection with the closing of the sale, Supervalu and Save-A-Lot have entered into a five-year professional services agreement whereby Supervalu will continue providing certain back office services to Save-A-Lot.  
  • Walmart settles same-sex spouse benefits discrimination suit

    Walmart has agreement to a settlement in a lawsuit that accused the retailer of discrimination against gay employees who were unable to get healthcare coverage for their same-sex spouses.      Under the terms of the proposed agreement, the discounter will set aside $7.5 million to compensate the employees affected by the denial of spousal benefits from 2011 to 2014.  (Walmart changed its policy to include same-sex spouses on Jan. 1, 2014, shortly after the Supreme Court legalized same-sex marriage.)   
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