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Unlocking the potential of discount retail presents a golden opportunity for #CPG brands to slash financial losses and minimize #waste linked to #excessinventory. With discount shoppers citing 'availability issues' as their top frustration, tapping into this market is key. Our latest in-depth report provides a deep dive into the performance metrics of major US #discount retailers. Gain crucial insights into their gross margin dynamics, store expansion strategies, and overarching market trends to stay ahead of the game. Take it from John Swygert, Ollie's President & CEO: "The #closeout deal flow is very strong. #Manufacturers are creating new and innovative products, changing packaging and sizes, and competing for #retail shelf space, which is creating more closeout opportunities." Download the report: https://lnkd.in/grZ6waVM

Unlocking the potential of discount retail presents a golden opportunity for #CPG brands to slash financial losses and minimize #waste linked to #excessinventory. With discount shoppers citing 'availability issues' as their top frustration, tapping into this market is key. Our latest in-depth report provides a deep dive into the performance metrics of major US #discount retailers. Gain crucial insights into their gross margin dynamics, store expansion strategies, and overarching market trends to stay ahead of the game. Take it from John Swygert, Ollie's Bargain Outlet, Inc. President & CEO: "The #closeout deal flow is very strong. #Manufacturers are creating new and innovative products, changing packaging and sizes, and competing for #retail shelf space, which is creating more closeout opportunities." Download the report: https://lnkd.in/eQAUvRyN

🛒 The Discount Retail Revolution is Here! Exploring Strategies & Trends 🚀 Discount retailers are taking the retail world by storm! In our latest blog article, we take a deep dive into the incredible rise of discount retailers, shedding light on their strategies and the trends that are shaping their success. 🔑 Key Insights Await: 🛍️ 𝗠𝗮𝗿𝗸𝗲𝘁 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲: Discover how discount retailers are reshaping the retail landscape. 🛒 𝗖𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗕𝗲𝗵𝗮𝘃𝗶𝗼𝗿: Explore the shift in consumer preferences towards wallet-friendly offerings. 🏪 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀: Learn the innovative approaches that bring quality at competitive prices. 📲 𝗧𝗲𝗰𝗵 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻: See how technology is enhancing efficiency and the shopping experience. 🌿 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗜𝗻𝗶𝘁𝗶𝗮𝘁𝗶𝘃𝗲𝘀: Find out how discount retailers are going green for eco-conscious consumers. If you are curious about the future of retail and the rise of disccounters, our article is made for you: https://lnkd.in/e9J8tPRk Share this post with your network and join the conversation! 💬 #DiscountRetail #RetailTrends #LPR #SupplyChain #PalletPooling

Retailers are facing a unique challenge in today's economy. With prices on the rise, consumers are forced to make tough choices between must-haves and nice-to-haves. As shoppers scour for deals, retailers are left to balance margin with price value. Navigating this new normal won't be easy, and it's unclear how long it will last. As the middle class takes a hit, retailers must be smart to stay ahead of the game. Check out this interesting read on the mounting pressures retailers are grappling with. #Retail #Economy #ConsumerBehavior

As consumers continue to feel the pinch of inflation, discount retail chains are thriving by capturing shoppers who are trading down from department stores. The rise of discount stores showcases a shift in consumer behavior that independent grocers can learn from to adapt and grow in this challenging economic environment. Discover more about this trend and what it means for your business: https://lnkd.in/dB7Yb3xT #IndependentGrocers #RetailTrends #DiscountRetail #ConsumerBehavior #InflationImpact

💚 🌱 April's Retail Insights: retail sales grew by 0.26% month-over-month in the latest CNBC/National Retail Federation Retail Monitor, powered by Affinity Solutions. Notably, building and garden supply stores emerged as leaders in growth, with a 4.39% increase month-over-month. Curious how these sectors are thriving while inflation for goods has dropped to nearly zero? Read more to uncover the consumer trends driving the retail market forward. https://lnkd.in/eFiiZxt3 #retailintelligence #consumerspending #inflation #consumerpurchaseinsights

Exciting news for the retail industry! 🛒 According to the latest NRF forecast, retail sales are expected to reach at least $5.23 trillion by 2024. This projection reflects the resilience and growth potential of the retail sector, highlighting opportunities for businesses to thrive in a dynamic market. As we navigate evolving consumer preferences and market trends, let's seize these opportunities to innovate, collaborate, and drive meaningful impact in retail. #RetailTrends #BusinessGrowth 💼🌟 Link to article: https://lnkd.in/eVUH7QPi

Yes, some consumers are being very price-conscious, and looking at options for shopping for basics - this has been true for most of 2024. Others still gravitate to convenience, and where they are confident they'll find the right assortment. What is clear, as we move further into the fall season, is that (a) pricing/promotions will be further emphasized earlier in the holiday season, and (b) leading retailers are being smarter on managing their inventory levels before the seasonal peak.

In the dynamic landscape of retail, the rise of discount retailers has been reshaping the European retail sector for several years 🌐   From agile supply chains to personalized customer experiences, the game is changing, and the winners are those who adapt. Here are some Takeaways:   𝗔𝗴𝗶𝗹𝗶𝘁𝘆 𝗮𝘁 𝘁𝗵𝗲 𝗵𝗲𝗮𝗿𝘁: Discount retailers are mastering the art of responding to market demands in real-time.   𝗖𝗼𝗺𝗺𝘂𝗻𝗶𝘁𝘆-𝗖𝗲𝗻𝘁𝗿𝗶𝗰 𝗮𝗽𝗽𝗿𝗼𝗮𝗰𝗵: From local partnerships to community-driven initiatives, it's not just about transactions; it's about creating the best value for all the stakeholders.   𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗺𝗮𝘁𝘁𝗲𝗿𝘀: Consumers are not just looking for deals; they're seeking sustainability options. 📰 Read our blog post, which highlights the strategies and trends fuelling the rise of discount retailers ⏩ https://lnkd.in/e9J8tPRk   Let's dive into this article together and discuss how the rise of discount retailers is shaping the future of retail. 💬 #LPR #Retail #MassDistribution #DiscountRetail

Data from the Office for National Statistics reveals higher than expected retail sales in November https://lnkd.in/eAjmCA-X #retail #retailnews #retailsales #consumerspending #consumerinsights #economy #economicdata #blackfriday