CNBC

Walmart surges to all-time high as earnings beat on high-income shopper, e-commerce gains

Walmart beat quarterly earnings and revenue estimates. The discounter said it made gains with high-income shoppers, and reported e-commerce growth of 22% for its U.S. business. CFO John David Rainey ...
Hosted on MSN

Big Lots was ‘too expensive’ — the discounter’s new owner says

Big Lots went belly up last year because it chased away budget-conscious customers with high prices and pushed merchandise they didn’t want, the discount retailer’s new owner told The Post. The ...
Los Angeles Times

L.A. to provide resources to hundreds of 99 Cents Only workers losing their jobs

The city of Los Angeles will provide informational resources to 99 Cents Only workers who are losing their jobs as a result of the discounter’s impending store closures, Mayor Karen Bass announced ...
Retail Dive

Dollar Tree poised to gain most as 99 Cents Only disappears

The relatively small fleet of stores run by 99 Cents Only Stores was a major factor in its downfall, due to the importance of high volume and economies of scale in value-oriented retail, GlobalData ...