Skip to main content

Discount Store

  • 'Modern Family' star launches home line at Kmart

    HOFFMAN ESTATES, Ill. — "Modern Family" star, Sofia Vergara, is expanding her brand at Kmart with the launch of a new, exclusive home collection. The actress' apparel line launched at Kmart and on Kmart.com in the fall of 2011.

  • Avenue shuttering up to 120 stores

    New York -- As plus-size apparel retailer Avenue Stores emerges from bankruptcy under new ownership, it will do so with a much streamlined store presence.

    Paul Halpern, chief investment officer of Versa Capital Management, which bought the chain out of Chapter 11 bankruptcy in February for $32 million, said the current store count of 415 to 420 will be reduced to about 300 to assure profitability.

  • Visa raises 'no signature' limit to $50 at discounters, supermarkets

    SAN FRANCISCO — Shoppers who use their Visa cards when making purchases at discount stores and grocery stores/supermarkets will no longer have to sign for them if they spend less than $50. Beginning in October, discount stores and grocery stores/supermarkets in the U.S. can accept Visa cards for transactions up to $50 without requiring a cardholder signature or PIN, or providing a customer receipt unless requested by the cardholder.

  • Animal welfare group praises Safeway's goal of sourcing gestation-crate-free pork

    PLEASANTON, Calif. and WASHINGTON — The Humane Society of the United States is praising Safeway's efforts to establish a gestation stall-free supply chain.

    Safeway annnounced Monday that, due to concernes over animal welfare, it is working toward the goal of purchasing pork from producers that have made commitments to decreasing gestation stalls in their breeding facilities.

  • We don’t need no stinking badges – WMT execs guilty!

    The California State Teachers’ Retirement System (CalSTRS) this week filed a lawsuit against current and former Walmart executives stemming from the April 22 New York Times article, which chronicled the company’s alleged use of bribes to accelerate expansion in Mexico and efforts by top executives to quash an investigation when the situation was called to their attention.

  • Family Dollar enhances food offerings with McLane

    MATTHEWS, N.C. — Family Dollar Stores has entered into a strategic partnership with McLane, a provider of grocery and food service supply chain solutions, to enable the retailer to offer customers a broader selection of merchandise, including refrigerated and frozen food, across the retailer’s more than 7,200 locations in 45 states.

  • Second largest U.S. public pension fund files suit against Wal-Mart

    New York -- The California State Teachers' Retirement System (CalSTSR), the second largest U.S. public pension fund, has filed a lawsuit against current and former Wal-Mart Stores’ executives and board members over mishandling of allegations that officials knew about a bribery campaign in Mexico and covered it up. The fund holds more than 5.3 million shares of Wal-Mart.

  • Specialty apparel mostly stays strong in April

    New York -- Several apparel retailers, including Limited Brands, Zumiez and Ross Stores, posted better-than-expected sales in April. It was widely expected that an earlier Easter, which pushed demand into March, and cool weather would hurt sales.

    Limited Brands, parent of Victoria’s Secret, reported a 7% rise in same-store sales for April, beating estimates.

    Teen clothing retailer Zumiez also beat expectations with a 10.1% gain in April. The Buckle’s same-stores sales edged up 1% slightly higher than analysts' estimates.

X
This ad will auto-close in 10 seconds