Discount Store

Family Dollar said it would open 500 new stores next year following the release of record sales and profits on Wednesday morning.

Whiting, Ind. -- A survey of 2,339 shoppers by CouponCabin.com found that 34% are at least somewhat likely to purchase items on layaway this holiday season.
 
The survey, conducted by Harris Interactive, also found that 9% are very likely to use layaway; 29% said maybe.

When asked what they believe are the benefits to using a layaway program for holiday shopping, U.S. adults said the following:

In case you missed it, Retailing Today published its annual Insights 2013 issue recently and while Target is currently the nation’s sixth largest retailer that position is likely to change in 2013.

It is conceivable Target could become the nation’s fourth largest retailer by this time next year, overtaking both Home Depot and Walgreens.

Matthews, N.C. -- Family Dollar Stores reported Wednesday that net income for the quarter ended Aug. 25 inched up to $80.9 million, from $79.8 million in the same period last year. Results were impacted by an $11.5 million litigation charge stemming from the preliminary settlement of a lawsuit in New York.

Sales for the quarter rose 10.8% to $2.36 billion, a record for the company, and same-store sales increased 5.4%.

Layaway program have become all the rage the past few years as retailers seeks to offer shoppers every conceivable convenience to capture every available sales dollar.

Nashville, Tenn. -- Wal-Mart Stores Inc. is facing its third regional gender bias lawsuit since the Supreme Court rejected a nationwide class action filed by female workers in California and Texas.

Three female employees sued Wal-Mart in federal court in Tennessee on Tuesday, claiming discrimination against female workers in the company’s Region 43 which consists of Tennessee and parts of Alabama, Arkansas, Georgia and Mississippi.

WAYNE, N.J. — Toys“R”Us has stepped up its efforts to be the destination for holiday shopping this season by offering a price match guarantee on all items available in its Toys“R”Us and Babies“R”Us stores nationwide. 

HOFFMAN ESTATES, Ill. — Kmart has designated this Friday as the official start of Halloween shopping with its "Orange and Black Friday" event.

Kmart's "Orange & Black Friday" event features: 50% off Halloween costumes and Halloween kitchen textiles, tabletop, decor, as well as a "Kmart Kreator" tool (www.Kmart.com/kreator), a social tool where users can create their own Halloween "Kreature" using costumes and accessories available at Kmart.