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Discount Store

  • Former Walgreens senior operator to lead Fred’s store operations

    Fred’s Super Dollar has named John Foley as the company's executive VP store operations, the company announced Wednesday morning. Mike Holligan, who formerly served in this capacity, will move to the open position of regional VP store operations.

  • Ross Dress for Less opens new North Carolina store Oct. 10

    Ross Dress for Less will open a new store in Elizabeth City, North Carolina on Oct. 10. The 18,000-sq.-ft.store is located in Tanglewood Pavilions.

    The opening is part of the retailer’s 2015 expansion program, totaling approximately 70 new locations during the year.

  • TJX CEO to step down in January

    The TJX Companies announced that chairman and CEO Carol Meyrowitz will step down, effective January 31, 2016.

    She will be succeeded by Ernie Herrman, 54, who will retain his current title as president of the company. Meyrowitz, 61, who has been at the helm of TJX since January 2007, will become executive chairman of the company’s board at the time of the CEO transition.

  • Ross Dress for Less opens 274th California store Oct. 10

    Ross Dress for Less will open a new store in Redlands, California on Oct. 10. The 24,000-sq.-ft. relocation is in Mountain Grove at Citrus Plaza, and is being moved from its previous location at Tri-City Center.

    With this location, Ross will operate 274 stores in its largest state. The opening is part of the retailer’s 2015 expansion program, totaling approximately 70 new locations during the year.

  • Haggen selling 26 stores to Smart & Final

    The bankrupt Haggen supermarket chain is following through on its promise to unload some of its California locations as the company looks to refocus its operations on 37 stores in the Pacific Northwest.

    Haggen announced Monday that it has entered into an agreement with Smart & Final Stores Inc. for it to acquire 28 store leases and related assets from affiliates of Haggen Holdings for $56 million.

  • Smart & Final to buy 28 stores from Haggen

    The bankrupt Haggen supermarket chain is following through on its promise to unload some of its California locations as the company looks to refocus its operations on 37 stores in the Pacific Northwest.

  • Aldi puts even more pressure on grocery chains

    Low-price grocery chain Aldi is making some changes to the ingredients of its food products just days after Target announced it was banning various chemicals from the products it sells.

    Aldi announced it has removed certified synthetic colors, partially hydrogenated oils and MSG from all of its exclusive brand food products.

    The move by Aldi (and Target) comes as traditional and even upscale grocers are struggling to increase sales as shoppers increasingly turn to more discounters.

  • Another retailer offers big holiday layaway incentives

    GameStop has joined a growing list of retailers offering a new incentive for a vast segment of consumers to start thinking about holiday shopping: a comprehensive layaway program.

    The company has joined Kmart, Walmart and other retailers in launching an enhanced layaway program in the past few weeks designed to help shoppers access the hottest gifts of the season.

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