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Discount Store

  • H&M joins NYC skyline with Times Square store

    NEW YORK — H&M will cement its place in New York City with the opening of its 13th store in Times Square.

    The retailer has announced the lease signing for a 42,500 sq. ft. space that will become part of the NYC skyline, complete with 70 ft. by 70 ft. signage at the top of the store.

    The store will feature three floors housing collections for ladies, men and children.

  • 99 Cents Only launches search for Rodeo Drive store site

    Commerce, Calif. -- Discounter 99 Cents Only said Tuesday it has launched an official search for a retail property on Rodeo Drive in Beverly Hills, Calif., to open its first store on the iconic street.

    "We are confident a Rodeo Drive store will be successful because our stores do well in affluent areas,” said Eric Schiffer, CEO. “In fact, our highest sales volume store is located only a few blocks from Beverly Hills on Wilshire Boulevard.”

    Of its 303 extreme-value stores in the U.S., 222 are in California.

  • 99 Cents Only seeks to bring cheap chic to Rodeo Drive

    COMMERCE, Calif. — Rodeo Drive is the place where Julia Roberts got the last laugh in "Pretty Woman" and the home to some of the most sought-after fashions in the world. But perhaps there is room on the iconic street for a more inclusive retail destination.

    In that vain, 99 Cents Only Stores has issued a press release announcing its search for retail property on Rodeo Drive and is encouraging anyone with information on available retail space on Rodeo Drive is to contact its real estate department.

  • Sears’ holiday plans include enhanced layaway services, mobile POS

    Hoffman Estates, Ill. -- Kmart and Sears are gearing up for the holiday shopping season with the elimination of layaway service fees, a new layaway home delivery service and an enhanced in-store mobile experience.

  • Dollar General wins on basket price

    CAMBRIDGE, Mass. — Dollar General is the overall basket price leader, delivering a substantial savings to value shoppers, according to Kantar Retail's second annual opening price point survey. Walgreens, for the second year, had the most expensive total basket, driven by sharply higher edible and nonedible grocery baskets.

  • Healthways to provide health, wellness services to Family Dollar team members

    MATTHEWS, N.C. — Family Dollar has inked a partnership with a national leader in health-and-wellness solutions to further drive the retailer's commitment to proactively engage in activities that encourage healthy living.

  • New J.C. Penney stores open at two PREIT malls

    Philadelphia -- Pennsylvania Real Estate Investment Trust said Friday that new J.C. Penney stores have opened at two of its properties – both in Pennsylvania.

    The stores, at PREIT’s Willow Grove Park in suburban Philadelphia and North Hanover Mall in Hanover, Pa, will feature the retailer’s new “Shops” format, encompassing 100 Shops that showcase apparel and home brands. As well, both stores will feature 1,700-sq.-ft. Sephora Inside J.C. Penney shop-in-shops.

  • September solid for discount retail, mixed for others

    Retail sales in September decelerated from August at many of Walmart’s competitors, but overall demand remained positive judging from the shrinking number of companies who continue to report monthly results.

    Discounters The TJX Cos. and Ross Stores reported September same-store sales that rose 6% and 5%, respectively. The figures exceeded both companies’ expectations and shoppers continue to respond to their brand of apparel retail.

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