Latest news with #RejectShop
Daily Mail
28-05-2025
- Business
- Daily Mail
Taking on Kmart: Aussies flood The Reject Shop to snap up stunning new homewares range that quietly dropped
The Reject Shop has done it again with a playful new homewares range that has thousands of Aussies excited. Officially in stores on May 28, the new fairytale-inspired range draws upon common phrases and themes from Alice in Wonderland and is perfect for those who love a pop of colour at home. Very Mad Hatter-esque, the 'frabjous' collection features mushroom bowls and cake plates ($5), teacups and saucers ($8), glass magnet sets ($5) and an adorable striped toilet brush ($12.50) guaranteed to brighten up any dreary bathroom. Other highlights include scalloped plates reminiscent of those sold by No.22 and In The Roundhouse. Each one is stamped with a kooky phrase like 'We're All Mad Here', 'Eat Me' and 'Oh My Ears And Whiskers How Late It's Getting'. The soap dispensers, mushroom-themed lazy Susan, and 'Hatter' tumblers are also expected to be sell-out hits. Even though the range officially dropped on Wednesday, shoppers have been spotting the pieces on shelves for the past week and eagerly shared snaps of their finds on TikTok. 'Every week I'm absolutely stunned by what I'm discovering at the Reject Shop,' shopper Clare Jane raved. 'They understood the assignment this week. Get the girls together for a high tea mad hatters edition this Sunday.' And hundreds of others agreed. 'Yes I love The Reject Shop I got [stuff] there for my pink and white kitchen theme... I'm going to need the pink mushroom,' one shopper replied. It's the latest in a string of hits for the store, which is increasingly taking on the likes of Kmart and Target with its affordable designer-inspired collections that are designed to mix and match. Aussie bargain hunters were thrilled earlier this month with news of The Reject shop's latest multi-million-dollar takeover deal, which has promised an expansion of 700 new stores nationwide. Canadian retail giant Dollarama acquired the store for an eyewatering $259million - a deal that marked a milestone moment for the brand. Speaking exclusively to FEMAIL, a Reject Shop spokesperson teased that they couldn't give away too much when it came to their future plans, but did hint they may explore more luxury-inspired offerings. 'We have some very exciting homewares collections coming up throughout the year and cannot wait to share them with our customers,' they said. 'We love home decor that gives a colourful personality to spaces, giving our customers the chance to make exciting choices with their interior design while remaining on a budget.' The Reject Shop CEO Clinton Cahn announced that he was 'excited about the opportunities that this transaction presents', as many Australia consumers are in such a cost-of-living crunch. This deal will also see a huge rise in availability for Aussies to get their hands on products even quicker, with more physical stores to cater to the rising demand. However, not all fans are convinced this is a good thing, worrying that the prices, quality and luxury 'dupes' might diminish now that Dollarama has taken over. 'Gosh... they better keep there low prices or I will never shop there again,' one said on TikTok. 'If they change the type of products that the reject shop sells I'm going to be so mad because the strawberry collection of plates and bowls are everything to me,' commented another. Even though the range officially dropped on Wednesday, shoppers have been spotting the pieces on shelves for the past week and eagerly shared snaps of their finds on TikTok According to UNSW consumer behaviour researcher Professor Nitika Garg 'The Reject Shop's buy-out signals a strong vote of confidence in the Australian retail sector'. Speaking to FEMAIL, Professor Garg said 'healthy competition between budget retailers is ultimately a win for Aussie shoppers'. 'It pushes companies to improve quality, keep prices low, and deliver better value,' she said. A deal like this will also be a huge boost to the local economy. 'This influx of capital could drive innovation, expand local operations, and create more jobs - all of which are positives for the broader Australian economy,' Professor Garg said.
Daily Mail
12-05-2025
- Entertainment
- Daily Mail
A $10 'dupe' of cult Olaplex haircare just landed at The Reject Shop: 'I got the full set'
Beauty bargain hunters are racing to The Reject Shop to snap up a British-born bond-building haircare range that rivals a cult-favourite for a fraction of the price. With sleek, salon-style packaging, a numbered step system, and promises of silky, stronger, healthier hair, the Headshock Plex System is drawing obvious comparisons to the established brand, Olaplex. At just $10 a bottle (one-fifth of the price of others on the market), this recent edition to The Reject Shop's shelves is causing a frenzy online. The five-part system had, until recently, only been available online and in Savers stores across Britain. Now the full line-up is stocked here in Australia, and is designed specifically for weak, damaged and over-processed hair from bleaching and colouring. All products are numbered for ease, packaged in sleek, salon-esque bottles, and include everything from a bond-building shampoo and conditioner to a leave-in treatment, mask and bonding oil. While some haircare enthusiasts have rolled their eyes - one TikToker commented, 'It's not going to be anything like Olaplex... obviously' - many beauty lovers are already singing its praises. 'I got the full set – all 5,' one fan said. The five-part system is designed specifically for weak, damaged and over-processed hair from things like bleaching and colouring 'Absolutely brilliant… I have 1–4… love love love!' another commented. 'Have been using it for a few weeks now and I love it!' a third wrote. So, whether you're a die-hard Olaplex devotee curious to compare, or just budget-conscious and ready to try something new, the Headshock Plex System might be great place to start. It's not the only cult 'dupe' brand The Reject Shop is quietly stacking on shelves either. Enthusiast have also spotted the full range of MCoBeauty - the wildly popular Aussie brand known for its affordable takes on high-end makeup and skincare - in select stores and online. The rise in amazing offerings comes off the back of The Reject shop's latest multi-million-dollar takeover deal, with Canadian retail giant Dollarama acquiring the chain for an an eyewatering $259million. The deal marks a milestone moment for the brand, which looks as though it's about to give retail giant Kmart a run for its money. Speaking exclusively to FEMAIL recently, a Reject Shop spokesperson teased that they couldn't give away too much when it came to their future plans, but did hint they may explore more luxury-inspired offerings in their home and beauty ranges. This will come as music to many Aussie ears, especially when shopping for those viral 'dupes' that rival pricier homewares brands like Dolce and Gabbana and In the Roundhouse. 'We have some very exciting homewares collections coming up throughout the year and cannot wait to share them with our customers,' they said. 'We love home decor that gives a colourful personality to spaces, giving our customers the chance to make exciting choices with their interior design while remaining on a budget.' The Reject Shop CEO Clinton Cahn announced that he was 'excited about the opportunities that this transaction presents', as many Australia consumers are in such a cost-of-living crunch. This deal will also see a huge rise in availability for Aussies to get their hands on products even quicker, with more physical stores to cater to the rising demand.
Bloomberg
26-03-2025
- Business
- Bloomberg
Dollarama to Buy Australia's Reject Shop for Twice Market Value
Canada's Dollarama Inc. has agreed to buy Australian discount retailer Reject Shop Ltd. in a deal pitched at a more than 100% premium. The A$259 million ($163 million) offer values Reject Shop shares at A$6.68 each, more than double Wednesday's closing price of A$3.15, the companies said Thursday.
Yahoo
24-03-2025
- Business
- Yahoo
Reject Shop (ASX:TRS) Has Announced That It Will Be Increasing Its Dividend To A$0.12
The board of The Reject Shop Limited (ASX:TRS) has announced that it will be paying its dividend of A$0.12 on the 1st of May, an increased payment from last year's comparable dividend. This will take the dividend yield to an attractive 3.9%, providing a nice boost to shareholder returns. We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. Before this announcement, Reject Shop was paying out 73% of earnings, but a comparatively small 4.3% of free cash flows. Since the dividend is just paying out cash to shareholders, we care more about the cash payout ratio from which we can see plenty is being left over for reinvestment in the business. Over the next year, EPS is forecast to expand by 78.5%. Assuming the dividend continues along recent trends, we think the payout ratio could be 36% by next year, which is in a pretty sustainable range. View our latest analysis for Reject Shop While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. Since 2015, the dividend has gone from A$0.30 total annually to A$0.12. Doing the maths, this is a decline of about 8.8% per year. Generally, we don't like to see a dividend that has been declining over time as this can degrade shareholders' returns and indicate that the company may be running into problems. With a relatively unstable dividend, and a poor history of shrinking dividends, it's even more important to see if EPS is growing. Reject Shop has seen EPS rising for the last five years, at 31% per annum. However, Reject Shop isn't reinvesting a lot back into the business, so we wonder how quickly it will be able to grow in the future. Overall, we think this could be an attractive income stock, and it is only getting better by paying a higher dividend this year. Distributions are quite easily covered by earnings, which are also being converted to cash flows. All in all, this checks a lot of the boxes we look for when choosing an income stock. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. However, there are other things to consider for investors when analysing stock performance. For example, we've picked out 2 warning signs for Reject Shop that investors should know about before committing capital to this stock. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
22-02-2025
- Business
- Yahoo
Reject Shop's (ASX:TRS) Dividend Will Be Increased To A$0.12
The Reject Shop Limited (ASX:TRS) has announced that it will be increasing its periodic dividend on the 1st of May to A$0.12, which will be 20% higher than last year's comparable payment amount of A$0.10. This takes the dividend yield to 3.0%, which shareholders will be pleased with. View our latest analysis for Reject Shop If the payments aren't sustainable, a high yield for a few years won't matter that much. The last payment made up 81% of earnings, but cash flows were much higher. In general, cash flows are more important than earnings, so we are comfortable that the dividend will be sustainable going forward, especially with so much cash left over for reinvestment. Looking forward, earnings per share is forecast to rise by 136.5% over the next year. Assuming the dividend continues along the course it has been charting recently, our estimates show the payout ratio being 35% which brings it into quite a comfortable range. Although the company has a long dividend history, it has been cut at least once in the last 10 years. Since 2015, the dividend has gone from A$0.30 total annually to A$0.10. The dividend has fallen 67% over that period. A company that decreases its dividend over time generally isn't what we are looking for. With a relatively unstable dividend, and a poor history of shrinking dividends, it's even more important to see if EPS is growing. Reject Shop has impressed us by growing EPS at 53% per year over the past five years. Earnings per share is growing nicely, but the company is paying out most of its earnings as dividends. This might be sustainable, but we wonder why Reject Shop is not retaining those earnings to reinvest in growth. In summary, while it's always good to see the dividend being raised, we don't think Reject Shop's payments are rock solid. The payments haven't been particularly stable and we don't see huge growth potential, but with the dividend well covered by cash flows it could prove to be reliable over the short term. We don't think Reject Shop is a great stock to add to your portfolio if income is your focus. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. For example, we've picked out 3 warning signs for Reject Shop that investors should know about before committing capital to this stock. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
