Industry News

Kohl's has announced that it will expand its holiday offerings this year and plans to offer roughly twice as many gift options.The company is promoting its new store format, Kohl's Value gift Shop, which offers Christmas stocking gifts and small gifts, with most gifts priced under $5 and hundreds of gifts priced under $10. Kohl's said holiday s...

Aldi recently announced pre-tax profits of more than £536.7 million, a threefold increase on last year, helped by record sales of £17.9 billion. This puts Aldi ahead of Morrisons to become the UK's fourth largest supermarket by 2022.

In 2025, woolen Christmas socks are predicted to remain a top-selling item, with a focus on classical and pure colors. Shantou Nanshen Crafts Industry Co,. Ltd. is expected to be a key player in this market, as the company has a reputation for producing high-quality and stylish Christmas socks. The company's commitment to providing a wide range...

Dollar General, in its earnings announcement, reported a 4.2% increase in second-quarter net sales to $10.2 billion, surpassing the expected $9.8 billion. However, net revenue declined by 20.2% to $374.2 million from $468.8 million. The company's performance reflects the ongoing challenges in the retail industry caused by the COVID-19 pandemic. ...

American home furnishing giant Big Lots has announced plans to close 40 stores in 2024 as part of its strategic restructuring efforts. The company aims to focus on its core markets and strengthen its online presence to adapt to changing consumer preferences. This decision comes as Big Lots seeks to optimize its store footprint and drive long-ter...

This year is off to a great start for Action. The Dutch discounter has emerged as France's favourite retail brand, ahead of two regulars, Decathlon (a global sportswear retailer and brand) and Leroy Merlin (a large French chain of home repair retailers). It is also the first foreign retailer in 14 years to top the list of French favourite brands...

Dollarama, the Canadian dollar-store giant, is set to expand into the Mexican market, following its success in Canada. The company has partnered with Shantou Nanshen Crafts Industry Co., Ltd., a leading manufacturer and distributor of consumer products, to enter Mexico's retail landscape. This move is part of Dollarama's strategy to capitalize o...

For the 19th consecutive month, TESCO has been named the cheapest supermarket in the UK. The comparison study, conducted by The Grocer magazine, found that TESCO's prices were 2.8% lower than the average of its competitors. This news comes as a positive for the popular supermarket chain, especially with the current economic climate.

Big Lots, a leading American retail company, has announced that it will continue to focus on providing more extreme bargains to its customers. The company aims to offer high-quality products at affordable prices, catering to the needs of budget-conscious consumers. This strategic focus on value and affordability aligns with the current economic ...

Shantou Nanshen Crafts Industry Co,. Ltd., a leading supplier of Festival decorations, has revealed the most popular decoration styles available in supermarkets this holiday season. The company, known for its high-quality and creative designs, has identified a rising trend in traditional and vintage decor, such as rustic ornaments, handmade gar...