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Something unusual is happening at Dollar Tree: The discount retailer said this week that of the 3 million new households that shopped its stores in the third quarter, approximately 60% of those new customers came from households earning more than $100,000 a year. The trend underscores a deepening split in the American economy. While cumulative … Read more
But despite those concerns, shoppers hit the stores in full strength on Black Friday, with some even sipping champagne as they searched for discounts on the day that traditionally kicks off the holiday shopping season. Just outside New Orleans, shoppers flooded Lakeside Shopping Center to see what deals they could find. The mall offers champagne to Black … Read more
Black Friday has become something of an anachronism in the e-commerce era. The day after Thanksgiving marks the official start of the holiday shopping season, but retailers already have spent weeks flooding their websites and customers’ email inboxes with early Black Friday offers. While sales trends have been shifting, the best bargains may still be … Read more
Ross Stores Inc. (NASDAQ: ROST), which operates a chain of off-price apparel and home accessories stores, has reported financial results for the third quarter of fiscal 2025. Earnings per share increased to $1.58 in the October quarter from $1.48 per share in the same period of FY24 Net income was $512 million in the third … Read more
Financial pressures may be a fact of life nowadays, but there’s no indication they’ll be putting consumers off shopping this holiday season. Quite the opposite. Compared to this time last year, a large majority of consumers plan to spend the same or more shopping for gifts, according to Accenture’s Annual Holiday Shopping Survey. That’s the … Read more
AS Watson was established in 1841 in Hong Kong, the year the British took over the territory. Almost 185 years later, the brand is now a health and beauty retail giant, with close to 17,000 outlets across 31 markets, including mainland China, Malaysia, the UK, Turkey and even Ukraine. “We are a people company,” Malina … Read more
Key Takeaways Bealls Inc. is now accepting cryptocurrency payments in all 660 US stores through a partnership with Flexa. Customers can pay using Bitcoin, Ethereum, stablecoins, meme tokens, and more via their digital wallets. Share this article Bealls Inc., a US retailer, has partnered with Flexa, a digital asset payments platform, to accept crypto payments … Read more
Key Takeaways Bybit partnered with Idram to enable crypto payments at over 25,000 stores across Armenia. The integration lets users make QR code payments with crypto, expanding financial accessibility in the region. Share this article Bybit Pay, the global payment arm of crypto exchange Bybit, partnered with Armenian digital payments provider Idram to enable crypto … Read more
In the message to employees Thursday, Niccol said the company had reviewed and identified stores where the company would be “unable to to create the physical environment our customers and partners expect, or where we don’t see a path to financial performance.” In addition to focusing on the customer experience, Niccol has enacted additional changes … Read more
People walk past an Amazon Fresh store in Washington, DC, on August 26, 2021. Nicholas Kamm | AFP | Getty Images Amazon plans to close all of its Fresh supermarkets in the U.K., in the latest recalibration of its grocery strategy. The company said in a Tuesday blog that it’s preparing to close all 19 … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4