discount stores – Charm

Higher-income households often split spending, using discount stores for extras and traditional retailers for essentials, according to a recent survey (Getty Images)

Wealthy Americans are turning to dollar stores in droves as inflation continues to bite

Cs news5 months ago05 mins

“If you can’t beat them, join them” is becoming the mindset for many Americans right now, as even people with higher incomes are increasingly shopping at dollar stores amid high prices and an uncertain economy. Stores like Dollar General and Walmart brought in more customers than usual in December, according to EY-Parthenon’s latest U.S. Consumer…

JD.com to launch five discount stores as competition intensifies

Cs news1 year ago02 mins

BEIJING (Reuters) -Chinese retailer JD.com (JD) plans to open five discount superstores in two Chinese cities, marking its latest move into new segments as competition intensifies in its core e-commerce market. Confirming a report in Beijing Business Today, a government-backed newspaper, the company told Reuters on Tuesday that the supermarkets will be in Zhuozhou city…