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Discount retailers on struggle street

The challenges confronting Big W and Target are also impacting on The Reject Shop. The Reject Shop has aggressively expanded its store network with acquisitions and greenfield openings. It acquired non-clash sites from Jan Cameron’s collapsed Retail Adventures discount chains and currently has around 350 stores. In an update not received well by investors, the company has now indicated it expects to record an operating loss in the current half and is likely to withhold a dividend payout for th