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Discount stores

Discount stores Archives

Image of The Reject Shop

The Reject Shop defends share spike from ASX query

The discount department store can’t explain why its share price jumped almost 42 per cent.
Image of The Reject Shop

The Reject Shop appoints former Kmart exec as new CEO

Discount department store taps Andre Reich as chief executive.

The Reject Shop touts turnaround as same-store sales grow

Retailer lifts same-store sales 0.3 per cent in first 15 weeks of FY20.

Leadership gap leaves The Reject Shop adrift

Analysis: As losses mount, someone needs to make the hard decisions.

The Reject Shop tumbles, chairman stepping down

A one-off impairment and slowing sales lead to a $16.9 million loss.

Inside Miniso’s superhero strategy

How Miniso and Marvel are leveraging each other's target audiences.

Discounters squeezed from both sides

Why Kmart, Big W and The Reject Shop are under pressure.

Why The Reject Shop needs a rebrand

The struggling discount chain could benefit from a name change.

The Reject Shop downgrades guidance as CEO departs

The discount retailer has revised profit expectations for the year into the red.

Discounters outpaced by new entrants

Retailers weakened by Costco face now face even larger threats.

Allensford acquires 19 per cent stake in The Reject Shop

The Reject Shop shareholders gave Allensford significant voting power.

Allensford takeover offer closing in on The Reject Shop shareholders

Shareholders to vote on takeover by 5 March.

Negative same-store sales weigh on The Reject Shop’s profit in first half

Retailer highlights "strong" Christmas trading amid half-year slump.

Allensford pressures The Reject Shop for sales performance

Shareholders deserve more information, says Allensford.

The Reject Shop expects net profit of $10.5m

Revised guidance released in face of "low-ball" takeover bid.

Myer leads list of retailers axed from ASX

Struggling retailers removed from benchmark index.

The week that was

Looking back at what made headlines this week.

Big W books sales growth as Woolworths builds momentum

Discount department chain finds sales for first time in several periods, as food division outpaces rival.

“Sales miss” burdens The Reject Shop

Tough market conditions plagues discount retailer's half-year earnings.

How the revolving doors and change of 2016 will lead us into 2017

One thing’s for sure, changes at the top lead to further changes cascading down the ranks.