Discount & Variety News
Stay updated on discount and variety stores with press releases highlighting industry news, trends, and innovations driving value retailing. Explore opportunities in retail innovation, cost management, and consumer demand for affordable products.
Apr 17, 2025 at 4:05 PM
Savers® Value Village® First Quarter Fiscal Year 2025 Financial Results To Be Released Thursday, May 1, 2025
BELLEVUE, Wash.--(BUSINESS WIRE)--Savers Value Village, Inc. (the “Company”) today announced that it plans to report its first quarter financial results on May 1, 2025 after market close. On the same day, the Company will host a conference call at 4:30 p.m. ET to discuss its financial results. Investors and analysts who wish to participate in the call are invited to dial +1 800 549 8228 (international callers, please dial +1 289 819 1520) approximately 10 minutes prior to the start of the call....
Apr 17, 2025 at 10:00 AM
Walmart Opens New Distribution Center in Jacksonville, Florida
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Today, associates, elected officials and community members celebrated the grand opening of a new 1-million-square-foot distribution center in Jacksonville. The facility located at 1511 Zoo Parkway, receives and processes items for delivery to 18 Sam’s Club locations across Florida, Georgia and South Carolina as well as seven clubs in Puerto Rico. Located just 10 minutes from the Port of Jacksonville, the facility also stores and sorts imported goods for deli...
Apr 16, 2025 at 11:30 AM
RELEX Solutions Named a Leader in the 2025 Gartner® Magic Quadrant™ for Supply Chain Planning
ATLANTA & HELSINKI--(BUSINESS WIRE)--RELEX Solutions, a provider of unified supply chain and retail planning solutions powered by proven AI technology, today announced it has been recognized as a Leader in the 2025 Gartner® Magic Quadrant™ for Supply Chain Planning1 based on Completeness of Vision and Ability to Execute. This recognition marks the first time RELEX has been placed in the Leaders Quadrant, just three years after being included in this report for the first time in 2022. RELEX beli...
Apr 16, 2025 at 7:30 AM
Energous Partners with Fortune 10 Retailer to Scale Wireless Power Deployment Across 4,700 U.S. Locations
SAN JOSE, Calif.--(BUSINESS WIRE)--Energous Corporation d/b/a Energous Wireless Power Solutions (NASDAQ: WATT), a leader in scalable, over-the-air (OTA) wireless power networks (WPNs), today announced the acceleration of its deployment timeline with a Fortune 10 multinational retailer. This implementation is part of an infrastructure modernization initiative aimed at upgrading approximately 4,700 retail locations across the United States. The rollout features the Energous PowerBridge Pro transm...
Apr 15, 2025 at 8:19 AM
Buying From Locally Owned Businesses Just Got Easier at Towson University
TOWSON, Md.--(BUSINESS WIRE)--Towson University will hold its second vendor fair on April 29, from 11:30 a.m.–3:30 p.m., in the University Union. Hosted by the Office of Partnerships & Outreach and the Procurement Department, the Towson University Vendor Fair is an opportunity for any program managers and procurement representatives to network with and explore products from locally owned businesses from across greater Baltimore. Vendors represent a variety of industries, including IT, suppl...
Apr 15, 2025 at 7:30 AM
Albertsons Companies, Inc. Reports Fourth Quarter and Full Year Results
BOISE, Idaho--(BUSINESS WIRE)--Albertsons Companies, Inc. reported results for the fourth quarter of fiscal 2024 and full year fiscal 2024, which ended February 22, 2025....
Apr 14, 2025 at 6:21 PM
Parque Arauco Completes Acquisition of Open Plaza Kennedy and Becomes the Shopping Mall with the Highest Sales in Chile
SANTIAGO, Chile--(BUSINESS WIRE)--Parque Arauco S.A. (PARAUCO.SN) announces the completion of the acquisition of Open Plaza Kennedy, as agreed with subsidiaries of Falabella S.A. This transaction includes the asset where the shopping center and hotel are located, as well as lease agreements which, over the past twelve months, generated sales and EBITDA of UF 4.02 million and UF 311,000 respectively (approximately US$161 million and US$12 million). Contrary to what was initially indicated, the t...
Apr 14, 2025 at 11:00 AM
Established Incorporated Announces Strategic Joint Venture with ACI Licensing to Expand Portfolio into Premium Lifestyle Sector
HOUSTON--(BUSINESS WIRE)--Established Incorporated, a premier global brand licensing company, announces the formation of a strategic joint venture with ACI Licensing to acquire and manage four prominent lifestyle brands. Under the terms of the agreement, Established will hold a controlling 51% ownership stake in the joint venture, with ACI Licensing retaining 49%. The transaction significantly expands Established's brand portfolio beyond its core electronics business, providing entry into the p...
Apr 14, 2025 at 9:13 AM
The Ryl Company Secures $15 Million in Series B Funding to Fuel Nationwide Expansion and Product Development
NEW YORK--(BUSINESS WIRE)--The Ryl Company, the parent company of Ryl Tea, a fast-growing brand reshaping the beverage industry, has secured $15 million in Series B funding. Founded in 2022 by beverage executive Blodin Ukella and well-known partner Morgan Wallen, this investment will accelerate Ryl Tea’s nationwide expansion, enhance marketing efforts, and support product innovation. This round follows a $7.5 million Series A in early 2024, bringing total funding to $30 million in growth equity...
Apr 11, 2025 at 10:00 AM
Ordergroove Combines the Power of Flexible Promotions with A/B Testing to Help Brands Drive Up to 54% More Recurring Revenue
NEW YORK--(BUSINESS WIRE)--Ordergroove, the leading provider of subscription solutions for the world’s largest brands and retailers, is proud to unveil Ordergroove Experiments, their newest innovation that combines its industry-leading flexible promotions with A/B testing. Brands adopting this new functionality are already driving up to 10% more subscription revenue with each test. In researching innovative new ways to deliver growth, Ordergroove found that 91% of brands aren’t testing subscrip...
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