PYMNTS-MonitorEdge-May-2024

discount retail

RetailMeNot Says Consumers Start With Deals and Stay for Brands or Retailers
RetailMeNot Says Consumers Start With Deals and Stay for Brands or Retailers
January 11, 2024  |  Retail

In the narrative of the retail scene, the consistent theme over the last two years has been the influence of inflation on consumer spending. However,...

READ MORE >
Ollie’s Bargain Outlet Says It Was Built for This Economy
Ollie’s Bargain Outlet Says It Was Built for This Economy
December 07, 2023  |  Retail

As prices go up and people feel the pinch in their wallets due to inflation, Ollie’s Bargain Outlet is standing out as the go-to place...

READ MORE >
Designer Brands Says Customers Find Value in the Clearance Aisle
Designer Brands Says Customers Find Value in the Clearance Aisle
December 06, 2023  |  Retail

The current state of the consumer, a concern that has been regularly reflected during the past quarter at PYMNTS, is very real for DSW’s parent...

READ MORE >
Five Below Says ‘Value and Fun’ Drive Better-Than-Expected Sales
Five Below Says ‘Value and Fun’ Drive Better-Than-Expected Sales
November 29, 2023  |  Retail

Specialty discount retailer Five Below said it is driving sales by offering customers both value and fun. The company has been finding “new, disruptive products at extreme...

READ MORE >
TJX Declares Itself the Holiday Haven for Value Shoppers 
TJX Declares Itself the Holiday Haven for Value Shoppers 
November 15, 2023  |  Retail

As retailers grapple with the impact of consumers tightening their purse strings, TJX is striking a different chord, as shoppers seek value and the most...

READ MORE >
Costco COO Ron Vachris Named CEO as Craig Jelinek to Step Down
Costco COO Ron Vachris Named CEO as Craig Jelinek to Step Down
October 18, 2023  |  Personnel

Costco Wholesale has announced that CEO Craig Jelinek will be stepping down on Jan. 1, 2024, after more than a decade at the helm of...

READ MORE >
From Bulk Bargains to Inventory Insight: How Costco Wins Hearts and Wallets 
From Bulk Bargains to Inventory Insight: How Costco Wins Hearts and Wallets 
September 27, 2023  |  Retail

Costco has built its reputation on value-based bulk deals, and it’s an offering that keeps shoppers flocking to its stores.  This deep-seated sentiment is confirmed...

READ MORE >
New Stores Drive Growth for Five Below 
New Stores Drive Growth for Five Below 
August 30, 2023  |  Earnings

In May, Five Below revealed its intentions to grow by leveraging Simon’s retail portfolio, which includes its Premium Outlets. This approach has been recognized as...

READ MORE >
Frozen Food Drives Sales at Discount Stores as Consumers Seek Easy Meals
Frozen Food Drives Sales at Discount Stores as Consumers Seek Easy Meals
May 25, 2023  |  Retail

Consumers’ demand for more affordable quick meal solutions is sending them running to the freezer aisle, Dollar Tree CEO Rick Dreiling notes. On a call with...

READ MORE >