Tesco appears to be tightening its control on the food and grocery market...
An Irish retail family, the Hendersons, has reached an agreement in principle to acquire collapsed British discount retailer Poundworld.
National Stores, a discount retailer that operates the Fallas, Factory 2-U and other apparel stores, filed for Chapter 11 bankruptcy protection.
The majority of millennials are browsing resale websites for clothing, according to a GlobalData survey, posing an additional threat to mainstream retailers, many of which are struggling to maintain destination appeal in the challenging retail environment.
Department stores are losing favour among consumers for homewares and furniture as value players surge.
Poundworld, Poundstretcher and The Original Factory Shop’s recent troubles do not spell distress in the discount market more broadly.
Value for money and convenience of delivery are the top two factors which would encourage consumers globally to use online subscription services.
American discount retailer Dollar General has revealed plans to create approximately 7,000 jobs this year.