Discount Store

Seattle – Everyone from mass merchandisers to dollar stores has been getting into the grocery business in recent years, and the vertical may soon have a new and very large participant.

Smart & Final says it's focused on growth and expansion of its new Extra! format as the retailer posts another quarter of impressive same store sales.

For the second quarter ended June 14, Smart & Final said net sales increased 9.3% to $905.1 million. Same store sales incraesed 3.5%. The company had net income of $11.0 million, or $0.14 per diluted share. And adjusted EBITDA increased 6.7% to $50.7 million. 

Bentonville, Ark. – Busy moms who need tooth wipes, or maybe more well-known baby items, have a new resource in Wal-Mart. In a post on the official Wal-Mart blog, Diana Marhsall, VP of baby for Wal-Mart U.S., says the retailer is expanding the products and services for moms (or anyone else) shopping for baby needs.  

Framingham, Mass. – Off-price retailer T.J. Maxx provides “compare at” prices that tell shoppers how much cheaper an item is than it would be at a full-price department store, but how truthful are those comparisons?    According to a class action lawsuit brought against T.J. Maxx in San Francisco by two customers, Staci Chester and Daniel Friedman, “compare at” pricing leaves a lot of wiggle room for the retailer.  

Dollar General is taking a decidedly modern approach to the age-old tradition of back-to-school shopping.

Goodlettsville, Tenn. – Dollar General is taking a decidedly modern approach to the age-old tradition of back-to-school shopping. The retailer is offering its Fast Way to Save digital coupon program through Aug. 15.

To enroll or upload these coupons, customers may login to their electronic DG Digital Coupon account either through Dollar General’s website or through the DG mobile app

Online retailer Jet.com is all about low prices and so far the upstart membership club competitor is living up to it value proposition.

Commerce, Calif. – Smart & Final Stores Inc. reported net income of $11 million in the second quarter of fiscal 2015, essentially flat compared to $11.1 million in the year-earlier period. Higher expenses related to higher sales volumes, increased store support costs, additional marketing expense, and public company costs inhibited profit growth.