Discount retail news and archive

Value mania as discounters aimt to take another 9 billion pounds of consumer spend

‘Primania’ seems to be going nowhere fast, as consumers across the nation continue to favor discount fashion, beauty and homeware retailers. With fears of a hard Brexit looming interest in the UK discount retail market is only set to grow, as a new report from GlobalData indicates the sector is set to surge 36.1 percent to reach a total value of...

Fashion

Discount shops take over collapsed fashion chains

The retail sites for fallen fashion chains are quickly being taken over by discount stores, who are thriving in comparison to the struggling high street. When fashion group Peacock's closed its doors in January, Poundland quickly took ten of its retail spaces, as well as 80 from Woolworths. When Woolworths collapsed into administration in 2008...