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  • Marshalls to open at Mansfield Commons

    Hackettstown, N.J. -- Marshalls has leased 21,675 sq. ft. at Mansfield Commons in Hackettstown, New Jersey, according to center owner National Realty & Development Corp., Purchase, New York.

    The 271,980-sq.-ft. Mansfield Commons is anchored by Walmart and Kohl’s, and is located on Route 57.

  • comScore: Total desktop holiday spend up 15%

    Reston, Va. -- Retail e-commerce spending from desktop computers for the entire November-December 2014 holiday season totaled $53.3 billion, up 15% from the corresponding days last year.

  • Save-A-Lot grows sales, not profits

    A strong 6.9 percent identical store sales increase at Supervalu’s Save-A-Lot stores proved a drain on parent company profits in the third quarter.

  • Walmart de Mexico names new CEO

    Walmart is turning to the head of its Latin American business to take over as CEO of Walmart de Mexico.

    Enrique Ostale, who is chairman of the board of the retailer's Latin American business, will take over as Mexico chief executive on Jan. 1. The position will oversee Walmart's operations in Mexico and Central America.

  • Survey: 70% prefer to return/exchange gifts in store versus online

    Chicago -- Nearly a quarter (21%) of consumers said that they are likely to return or exchange at least one of the presents that they received this holiday season. Additionally, male respondents expressed a greater interest in returning or exchanging gifts (30%) than female respondents (20%) by as much as 10%. That’s according to a survey by Retale, a location-based mobile platform connecting shoppers with their local retailers

  • Body Central begins New Year in bad shape

    Another mall-based retailer has announced that it is in default and struggling for survival.

    Body Central Corp. announced that it is in default on $18 million in debt and is exploring strategic alternatives, the Jacksonville, Florida-based company said in a statement.

    The company also said it is experiencing “significant liquidity problems,” and is exploring options, including a possible bankruptcy filing.

  • Supervalu tops expectations as profit more than doubles; sales up across segments

    Minneapolis -- Supervalu Inc.’s third-quarter profit more than doubled as the supermarket chain experienced sales growth in all three of its business segments. Its results beat analysts' expectations.

    Supervalu reported an overall profit of $79 million for the quarter ended Nov. 29, up from $31 million a year earlier. Revenue rose 4.8% to $4.2 billion.

  • End of the line for Bottom Dollar Food

    It's official: Bottom Dollar Food will close its 66 store locations in the greater Philadelphia and greater Pittsburgh markets by Jan. 15 and retire the banner's operations.

    In November, Delhaize Group — the parent company of Bottom Dollar Food — announced the sale of Bottom Dollar's stores and associated lease liabilities to ALDI Inc., which has expressed an interest in growing its U.S. footprint.

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