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Discount Store

  • Aldi opens at Crystal Town Center

    St. Paul, Minn. -- Paster Enterprises announced that Aldi has opened at Crystal Town Center, in St. Paul, Minn.

    The new grocery store anchor measures 17,929-sq.-ft.
     

  • Duckwall-ALCO posts 4Q earnings dip, FY loss

    ABILENE, Kan. -- Duckwall-ALCO Stores reported that net sales from continuing operations for the fourth quarter of fiscal 2011 increased 4.4% to $136.9 million and same-store sales, excluding fuel center sales, increased 1.8%, compared with the same period in the prior fiscal year. Net sales from continuing operations for the fiscal year decreased 0.6% to $465.2 million and same-store sales decreased 2.4%, compared with the same period in the prior fiscal year.

  • Wal-Mart to pay $440K in ethnic harassment suit

    New York City -- Wal-Mart Stores has agreed to pay $440,000 to settle a federal harassment lawsuit by 10 employees who say they endured ethnic slurs and derogatory remarks on a daily basis while working at a Sam's Club store in Fresno, Calif. The EEOC announced the settlement Thursday.

    Nine of the lawsuit plaintiffs were of Mexican descent and one was married to a Mexican. The alleged harasser was a Mexican-American co-worker.

  • Strong 4Q sales keep 99 Cents a hot commodity

    COMMERCE, Calif.  -- Even with an extra week in this year's reporting period, 99 Cents Only Stores reported a total sales increase for it fiscal fourth quarter. The company reported total sales of $378.5 million for the 14-week fourth quarter of fiscal 2011 ended April 2, 2011, compared with $339.3 million for the 13-week fourth quarter in the prior fiscal year. 

    The company reported a same-store sales increase of 0.5% for the quarter. Excluding Texas operations, comps were up 0.7%.

  • SPECS 2011 Review

    The nation’s leading retail and restaurant chains came together to share ideas, discuss opportunities and find new solutions at Chain Store Age’s 47th annual SPECS conference, in Grapevine, Texas. Reflecting a renewed sense of optimism in the industry, overall attendance was up significantly, among retailers as well as exhibitors. All segments of the industry were in attendance, from discounters and specialty stores to supermarkets and home-improvement outlets to casual-dining restaurants.

  • Bottom Dollar enters Philadelphia

    Salisbury, N.C. -- Bottom Dollar, a division of Delhaize American, has entered the Philadelphia market, opening a 17,000 sq.-ft. store.

    “While we have opened 18 stores in the greater metropolitan area, this is our first store in the heart of Philadelphia, and we are truly ecstatic,” said Meg Ham, president, Bottom Dollar Food, said in a statement.

  • Bon-Ton to open new Carson’s in Markland Mall

    Kokomo Ind. -- The Bon-Ton Stores said Thursday that it has signed a letter of intent with Simon Property Group for a 60,000-sq.-ft. facility at Markland Mall, located in Kokomo, Ind.

    According to the department store retailer, the existing building will be remodeled by November, at which time Bon-Ton will open a new store under the Carson’s nameplate, replacing its current Elder-Beerman store presently located in Kokomo Mall.

  • Carrefour Q1 sales rise 3.9%

    Paris -- French retail giant Carrefour SA reported Thursday that sales in its fiscal first quarter inched up 3.9% to $35.7 billion.

    Stronger showings in Brazil and China helped the retailer counteract weaker performance in Western Europe.

    Carrefour's sales figures come ahead of a key shareholder vote in June on the company's plans to spin off its discount chain Dia and some European property assets into separately listed companies.

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