The purchase of Charlotte, North Carolina-based Family Dollar will result in the creation of a leading North American discount retailer
running a network of 13,000 stores in 48 US states and five Canadian provinces, according to the buyer's statement from July.
Poundland should show a decent start to life as a public company when it posts its annual results this week.
The discount retailers
sell gasoline at prices around 2 percent lower than typical gas stations as they receive the fuel directly from KNOC and the NSCF.
German discount retailer
Lidl said it has expanded its chain in Bulgaria, a move that will heat up further the competition in the sector.
Home Bargains has taken the remaining 8,500sq ft unit at Gallagher Retail Park in Waterloo.
, such as B&M Bargains, 99p stores and Poundland, account for the greatest proportion of acquired stores (39 per cent of the total); followed by grocery outlets, including Iceland and Tesco (26 per cent); and fashion operators such as Ethel Austin and Peacocks (18 per cent).
BARGAIN-hunters have helped Poundland to a 47 per cent surge in annual profits, the discount retailers
In 2005 discount retailers
moved ahead of specialty stores as the place for purchasing home fragrance products.
Closeout retailing is considered a unique and growing segment of the overall retail economy, carving a niche that's easily distinguishable from traditional retail stores, discount retailers
and even dollar stores.
A grape glut in California allows consumers to pay pocket change for good wine, leading even discount retailers
such as Wal-Mart and Target to start stocking bottles.
Most plan to "shop for value" by waiting for sales and spending more at discount retailers
. On average, survey respondents plan to spend $661 this holiday season.
Sensormatic Electronics Corp., Boca Raton, Fla., recently teamed up with Optimal Robotics Corp., Montreal, to incorporate its secure, anti-theft solutions into Optimal's U-Scan self-checkout systems for food and discount retailers
. The combined system deactivates Sensormatic's Ultra Max anti-theft tags when an item is self-scanned at the point-of-sale, therefore reducing the amount of assistance needed from store personnel.
Apart from Carrefour, Makuhari -- a fast developing business and hotel center located halfway between Narita airport and Tokyo -- has attracted a host of discount retailers
, including the clothing outlet Garden Walk Makuhari and the discount chain Mr.