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Discount Store

  • Meijer introduces latest Simply Give campaign

    GRAND RAPIDS, Mich. — After exceeding more than $2 million in food and donations, Meijer announced that it once again has launched the Simply Give campaign throughout its stores.

  • The future of the outlet mall industry

    The outlet mall industry has undergone a major transition during the past decade and has never been better positioned for future success. This is a significant change from 10 years ago when a stale product mix targeted to a transient shopper base had raised serious questions about the viability of the outlet mall.

  • 99 Cents Only reports slight income growth

    CITY OF COMMERCE, Calif. — 99 Cents Only Stores reported that its consolidated net income for the first quarter of fiscal 2012 was $17.7 million, or 25 cents per diluted share, compared with $16.8 million, or 24 cents per diluted share, for the prior year.

  • Making sense of the apparel market

    Strength in the apparel category continued at Target during July, with same-store sales increasing just below the company average of 4.1%, positioning the company as a winner in a month where performance among competitors was uneven.

  • The most interesting day of the month

    A slew of retailers are scheduled to report second-quarter earnings in the coming weeks and among the more highly anticipated reports are results from Walmart and Target. 

    Walmart is due up first on Aug. 16 followed by Target on Aug. 17.

  • Delhaize America turns out positive Q2 results

    SALISBURY, N.C. — New stores, higher retail inflation and positive calendar impact drove sales up for Delhaize America, the U.S. sector of the Delhaize Group, during the second quarter ended June 30.

    The division, which operates such banners as Food Lion, Hannaford and Bottom Dollar Food, reported that revenues rose 4.3% to $4.9 billion, while comparable-store sales increased 1.6%. Operating profit, however, dropped 2.7% to $205 million.

  • What Target’s 2Q comp acceleration means for Walmart

    Amid the gloom and doom this week around reduced traffic and a waning perception of its price advantage, Walmart got more potential bad news in the form of strong results from arch rival Target.

  • Club comps strong again

    Costco and BJ’s Wholesale Club continue to produce solid sales growth aided by high gas prices, shoppers desire to save money and their ability to pass through food price inflations.

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