Target’s first comparable stores sales decrease in two years is partly due to the retailer’s problems with actually selling groceries, but the drop also reflects problems with the national retail landscape as a whole. Target expected sales to increase slightly, but instead, Americans are apparently paying for experiences rather than stuff, heading to buy clothes at off-price stores, and buying supplies to remodel our homes. [More]
Dollar stores and dollar-ish stores are growing in popularity, with shoppers choosing them over grocery and discount stores for household staples like food, and for fun stuff like party decorations. Young adults grew up with dollar stores, and also had our spending habits shaped by last decade’s recession. That’s why millennials are sticking with dollar stores…even when their income reaches hundreds of thousands of dollars. [More]
Earlier this year, Macy’s said it was going to dip its toes into the waters of discount retailing by creating some sort of off-price offshoot of its department store chain. Today, the retailer confirmed some details about the first four locations for the store it has dubbed Macy’s Backstage. [More]
Matthew was shopping for cereal at Aldi when he noticed something interesting. The boxes of Kid’s Krunch cereal had recently been redesigned, and both versions were on the shelf, side-by-side. That’s a nice opportunity to do some comparisons. Unfortunately for Aldi, what he noticed while comparing the old and new boxes was that the cereal just happened to have lost a few ounces in the process. Oh no––the dreaded Grocery Shrink Ray has come to Aldi! [More]
Amanda was exhausted, after dealing with her mother’s post-surgery care and bringing her home from the hospital. Neither of them anticipated that the biggest problem would that day be with getting her post-discharge prescriptions filled. One of the medications was more obscure than she had imagined. They visited three different pharmacies in their rural area and were ready to give up hope when they finally visited the pharmacy at the local Meijer. They had the drugs! For $250! Oh, no.
In the poll on our post from Monday about a Kmart that has already hauled out the stuffed animals and cards for Valentine’s Day, the wishes of our readership are clear: you don’t want to see Valentine’s Day stuff out until January at the earliest. Unfortunately, our readers don’t run the world, and certainly don’t run big-box discount stores. Reader L. sent along this photo from a Target store in Florida.
It’s a scientifically documented fact that the best way to cause a frenzy in a retail store is to give stuff away to everyone in the vicinity. That’s exactly what happened in Oceanside, Calif. recently when a woman shouted in a discount store that she would buy $100 worth of merchandise for each person there. As long as they were Mexican women. The generosity came with a tirade of profanity and a whole lot of questions about the woman’s mental state.
We’ve extensively documented the use of the Grocery Shrink Ray to fool humans’ puny brains into thinking that familiar products are the same size they’ve always been. But Jim has discovered something even more devious: the Same Size Ray, which has a similar but more nefarious effect on consumer products. It emblazons packaging with the exciting news that a product is now bigger: but it’s all a cruel lie. Maybe.
Here’s a helpful piece of advice for Kmart and Sears Holding Company as a whole: if you’re going to issue a coupon valid only for a few stores and post it on your Web site, don’t put the words “valid at all stores” on it. See, there is this thing called the “internet,” which people like to use to share coupons and deals. Customers printed out what looked like a perfectly valid coupon from Kmart’s site, then were treated like criminals and accused of fraud when they actually tried to use those coupons.
Is it a good sign or a bad one for the American economy if Walmart’s sales are down nationwide? Does it mean that the affluent are back on their feet and no longer forced to shop downscale, or that none of us has any money at all?
To promote the opening of a new store, ultra-discount chain 99 Cents Only stocked a few things they don’t normally carry, and sold them for 99 cents. Things like iPods and scooters. When they opened a store in San Jose, Calif., this sale proved popular. Very popular.
Target recently changed their return policy. It’s more consumer-friendly. We think. What we can tell you for sure is that it’s more confusing.
Walmart is looking to grow. Yes, grow. Their latest initiative, “Project Impact,” aims to make stores easier and quicker to navigate, improve customer service, and to move in on competitors’ territory as much as possible.
People aren’t buying: Large appliances, furniture, and durable household goods
The Circuit City death watch is long over, but now there’s a way to preserve those memories forever—maybe even to outfit an entire troupe of Circuit City re-enactors. Reader chainofcommand02 was shopping in a grocery outlet store when he discovered several cases of Circuit City polo shirts. Yours, for only $1.00.