![]() That news was followed by inexpensive variety store Dollar Tree’s announcement today that it would shutter about 390 Family Dollar outposts as it seeks to evolve its business strategy. ![]() Now, a series of new store closures in the low-price sector appear to run counter to popular knowledge about consumers’ growing preference for cheaper wares.Īfter one failed bankruptcy in 2017, Payless ShoeSource last month announced a second Chapter 11 filing - but this time, the “everyday low price” (EDLP) retailer said it would shutter all 2,500 of its North American stores. “Consumers are looking for good deals and changing inventory,” said ICSC spokesperson Stephanie Cegielski at the time, adding that millennials are particularly price-conscious. 10 Things You Didn't Know About Marshalls & Why Its Prices Are So Low
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |