Skip to main content

Discount Store

  • Where to look for the next big thing in retail

    Most U.S. retailers make their first international foray in contiguous markets such as Canada or Mexico for obvious reasons. However, for those interested in massive growth potential who have a long term perspective a more exotic market beckons.

  • Express debuts outlet store format; will open 30 by year-end

    New York -- Specialty fashion retailer Express has entered the booming outlet mall sector, opening its first-ever outlet store, at Tanger Outlets National Harbor center in Washington, D.C. The retailer plans to open approximately 30 additional factory outlet locations throughout the United States in 2014, targeting such top markets as Chicago, Dallas, Detroit, Las Vegas, New York and other top markets.

  • DSW names Shopko exec new CFO

    Columbus, Ohio -- DSW Inc. has appointed Mary Meixelsperger as CFO effective May 1. Meixelsperger replaces Douglas Probst, who is retiring from DSW on the same day.

  • New financial chief at DSW

    DSW has appointed former Shopko executive Mary Meixelsperger as CFO, effective May 1. Meixelsperger replaces Douglas Probst, who is retiring from DSW on the same day.

    "We are pleased that Mary is joining the DSW team," said president and CEO Michael MacDonald. "Mary is a seasoned executive with a breadth of experiences in merger integration, strategic systems planning and implementation, financial analysis and tax planning. With her leadership, we will position DSW for continued growth and progress towards our strategic goals."

  • Shoe Carnival ad campaign stars Lifetime’s ‘Devious Maids’

    Shoe Carnival is collaborating with Lifetime’s “Devious Maids” to further promote the company’s first national, integrated advertising campaign. The advertising campaign coincides with the season two premiere of the series, which will debut Sunday, April 20, at 10 p.m. EDT/PDT.

  • Tesco to debut F&F apparel format in U.S., with seven stores by year-end

    New York -- Tesco Plc plans to bring its value-priced F&F clothing format to the United States, opening seven stores on the East Coast this year with its U.S. franchise partner, Retail Group of America. The move comes some six months after Tesco sold off its struggling American supermarket operation, Fresh & Easy, to Ron Burkle's Yucaipa investment company.

  • 99 Cents Only net loss widens in fiscal 2014

    City of Commerce, Calif. – 99 Cents Only Stores LLC reported a widening net loss in an abbreviated 10-month fiscal 2014 which was shortened from the Saturday closest to the end of March to the Friday closest to the end of January. Net loss grew to $12.48 million from $8.9 million.

    Total net sales were $1.53 billion, down 8% from $1.66 billion. Same-store sales rose 3.7%.

X
This ad will auto-close in 10 seconds