Value-seeking customers at all income levels helped drive gains at Dollar Tree in the third quarter. High earners, with incomes of more than $100,000, were notable drivers of spending at the company’s locations, helping to boost same-store results. The company posted third-quarter results Wednesday (Dec....
For years, off-price retailers such as TJX (parent of T.J. Maxx, Marshalls and HomeGoods), Ross Stores, Burlington, Dollar General and even Target have built their pitch on a simple thesis: economic downturns make bargain hunting not just appealing but essential. The sector’s core customer base...
Higher income consumers in the United States are crowding the aisles at dollar stores, moved to seek discounts in the paycheck-to-paycheck economy. Big box retailers such as Walmart and Target have continued to be favorites among those earnings more than $100,000 each year. But PYMNTS...
Discount retail chain Five Below reportedly suspended cargo shipments from China due to the trade war between the country and the U.S. A shipping company used by the retailer told suppliers that Five Below suspended its cargo shipments, that no containers should be delivered to...
August 21, 2025
For years, off-price retailers such as TJX (parent of T.J. Maxx, Marshalls and HomeGoods), Ross Stores, Burlington, Dollar General and even Target have built their pitch on a simple thesis: economic downturns make bargain hunting not just appealing but essential. The sector’s core customer base of households that live paycheck to paycheck, or hover at […]
December 16, 2024
Big Lots’ Chapter 11 bankruptcy filing and upcoming acquisition by Nexus Capital Management revealed the deep-rooted issues in the company’s business model, particularly its struggle to adapt to the digital age. In...
August 18, 2017
It’s Friday, which can only mean one thing — time to see what Sizzled and what Fizzled this week. Sizzle: Retail Sales: Research firms like Seeking Alpha have pointed out that...
January 29, 2026
Saks Global will wind down the majority of its off-price operations, including most Saks OFF 5TH locations and all Neiman Marcus Last Call stores, Reuters reported Thursday (Jan. 29). The conglomerate, which filed for Chapter 11 protection earlier this month, stated the move aims to realign the business toward full-price luxury sales. The decision comes […]
April 11, 2025
Discount retail chain Five Below reportedly suspended cargo shipments from China due to the trade war between the country and the U.S. A shipping company used by the retailer told...
April 09, 2025
Walmart’s warehouse club business, Sam’s Club, reportedly plans to open 15 stores per year, saying its ability to save customers money is even more relevant in uncertain times. The retailer’s...
September 09, 2024
Discount retailer Big Lots has declared bankruptcy and sold itself to an investment firm. The company announced Monday (Sept. 9) that it had entered voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for...