Latest news with #TheRejectShop
The Age
29-05-2025
- Entertainment
- The Age
The Reject Shop releases Alice In Wonderland-inspired collection
Lifestyle The Reject Shop releases Mad As A Hatter homewares collection, loosely inspired by Alice in Wonderland.
Sydney Morning Herald
29-05-2025
- Entertainment
- Sydney Morning Herald
The Reject Shop releases Alice In Wonderland-inspired collection
Lifestyle The Reject Shop releases Mad As A Hatter homewares collection, loosely inspired by Alice in Wonderland.
Daily Mail
05-05-2025
- Entertainment
- Daily Mail
The Reject Shop takes on Kmart again with epic new pastel home decor range starting at $7
A wave of pastel pink and bow-covered bliss is sweeping through TikTok, and it's coming from an unexpected place: The Reject Shop. In her now-popular clip, Two Broke Chicks co-host Alex Hourigan raves about the retailer's latest drop - a hyper-feminine, ultra-aesthetic pink collection that's already got beauty lovers, home organisers, and budget shoppers sprinting to their local store. 'If you love pink, bows, and beauty dupes - then I highly recommend checking out The Reject Shop at the moment,' Alex told followers, panning her camera over an array of blush-toned products. 'They have just dropped an entire pink collection and I keep seeing it all over [social media].' She singled out standouts like bedazzled flasks, bow-topped storage jars, and bathroom accessories, adding, 'The Reject Shop is entering her dupe era.' While the retailer is typically known for practical home essentials and seasonal décor, its latest drop is being praised for tapping into one of TikTok's most dominant aesthetics. The new buys are soft, playful, pink and bow-heavy - think Sol de Janeiro packaging meets a vintage diner crossed with early-2000s coquette-core. It's a shift that has clearly resonated with Aussie shoppers. Matching pink canisters for tea, coffee, and biscuits that wouldn't look out of place in a Smeg catalogue also feature in the range, each adorned with subtle vintage details and tight-fitting lids to keep contents fresh Among the products turning heads is a pastel pink bread bin designed in a retro diner style. The $20 storage piece brings back mid-century charm while offering practicality for baked goods and kitchen organisation. Matching pink canisters for tea, coffee, and biscuits that wouldn't look out of place in a Smeg catalogue also feature in the range, each adorned with subtle vintage details and tight-fitting lids to keep contents fresh. At just $7 and $9 respectively, they're an affordable way to inject some personality and nostalgia into your kitchen. The collection isn't limited to just functional storage. For those who want to add a whimsical twist to their décor, the $7 Handbag Vase - available in soft pink and blue - is proving to be a surprise hit. Shaped like a tiny handbag, it's ideal for showcasing fresh or faux blooms while doubling as a conversation-starting centrepiece. Even the kitchen utensils have been given the cute treatment, with a three-piece set of mini pink silicone tools priced at only $5. For those who want to add a whimsical twist to their décor, the $7 Handbag Vase - available in soft pink and blue - is proving to be a surprise hit Compact and practical, they're a sweet addition for anyone who likes their kitchen drawer to be as well-dressed as their wardrobe. For staying in rather than going out, the Women's Teddy Novelty Cherry Slippers ($9) offer a playful and cosy vibe. Featuring a teddy-textured design with cherry accents, they've become a fan favourite among those updating their loungewear for the cooler months. The timing of the drop couldn't be better. As the Australian winter approaches, many are prepping for local hibernation or, alternatively, jetting off for a European summer. With everything from pink travel organisers to cute homewares, The Reject Shop's collection is proving useful no matter your plans. Social media users have been quick to draw comparisons between The Reject Shop's offering and more expensive alternatives. Several noted that the overall aesthetic of the collection - from the colour palette to the product design - evokes the look and feel of beloved cult brands like Sol de Janeiro, known for their buttery yellows and pink packaging, and Smeg, whose pastel appliances regularly sell for hundreds of dollars. Though The Reject Shop hasn't formally announced the range as part of a limited-time drop, TikTok's influence means stock may not last long. With growing interest in 'budget beauty' and home dupes that don't sacrifice style, it seems The Reject Shop has struck the perfect balance between cost and trend. 'This is why I love Aussie discount stores. We get the vibe without spending $300,' one commenter wrote about the new range.
Epoch Times
30-04-2025
- Business
- Epoch Times
Why a Canadian Giant Sees a Bright Future in This Australian Retail Chain
As the economic order undergoes a major structural shift, Canadian investors have jumped on retail opportunities in down under. Australia's largest discount retailer, The Reject Shop, is a quiet achiever on the business front and is known locally for selling a range of cheap goods from confectionary, tupperware, to gardening tools. The chain has 390 stores across Australia—65 more than the Wesfarmers' owned Kmart. But things may not be so quiet anymore. The Reject Shop's share price surged when Canadian discount store giant Dollarama put its $259 million (US$165 million) takeover offer out in late March. Dollarama agreed to purchase all shares of The Reject Shop for $6.68 per share, more than twice the chain's last closing price of $3.15 on March 26. Related Stories 2/3/2025 12/3/2024 The hefty offer provided immediate and attractive value to shareholders, leading the share price to surge to 111 percent—its largest gain since The Reject Shop first opened in 1981. The bold move raised some eyebrows in a stakeholder meeting, but Dollarama's bosses maintain that The Reject Shop will have a bigger, better, and brighter future. Dollarama, which runs more than 1,000 stores in Canada—plus discounts chains in the Americas with expansion planned for Mexico—says despite the widespread presence of The Reject Shop, there is still room to grow and untapped market potential. Speaking at a presentation to stakeholders late last month, Dollarama president and CEO Neil Rossy said his company saw potential to nearly double the number of stores. 'We also believe that once converted to our business model, the TRS (The Reject Shop) platform will provide a strong foundation for future growth—this is reflected in our objective to grow their network to approximately 700 stores by 2034,' he said. While Rossy said the two companies ran on very similar models and values, he said one bump in the road would be labour and real estate costs, which are significantly higher in Australia than in Canada. Additionally, despite The Reject Shop's dominance in the market, stocks have been down for years. They appear as minor issues for Dollarama's executives. 'We think that with our know-how on one side, and our capital we believe that we can service significant value and we think our offer is fair in that context,' Rossy said. 'The management team at TRS has done a fantastic job bringing the business where they are today, but we think we could help them bring it to the next level with our know-how and expertise and the capital necessary to grow the business.' The deal is set to be officially concluded in 3-4 months. Consumer Trends in High Inflation Period Dollarama's excitement to take on a department store chain selling small, cheap and discounted items could be fuelled by the current high inflation environment, which has pushed many Aussies to cut back on discretionary spending. Last year, Monash University revealed findings that showed larger, more expensive items were less popular with shoppers. But The Reject Shop, and its Canadian counterpart, largely stock household items, small furnishings, as well as snacks and some food items. Data from the Australian Bureau of Statistics (ABS) also shows household spending is slowly recovering—in February 2025, household spending increased 3.3 percent on the year before.
Yahoo
04-04-2025
- Business
- Yahoo
Dollarama achieves 9.3% sales surge in fiscal 2025
Canadian retail chain Dollarama has disclosed a total sales figure of C$6.41bn ($4.53bn) in fiscal 2025 (FY25) - a 9.3% rise from the C$5.86bn recorded in the previous fiscal year. The growth is attributable to an expansion in store count and an uptick in sales at existing stores. The company's comparable store sales saw a 4.6% increase, building on the 12.8% surge in the same period of the preceding year. During the fiscal year ended 2 February 2025, Dollarama's gross margin reached C$2.89bn, which represents 45.1% of sales - an improvement from C$2.61bn or 44.5% of sales in FY24. The company's selling, general and administrative expenses (SG&A) for FY25 climbed by 10.1%, reaching C$930.2m compared to C$844.9m in FY24. Operating income rose 14.4% to $1.71bn, translating to an operating margin of 26.7%, up from 25.5% in the previous fiscal year. Dollarama's earnings before interest, taxes, depreciation and amortisation (EBITDA) for FY25 stood at C$2.12bn with an EBITDA margin of 33.1% of sales. The company witnessed a 16.9% increase in diluted net earnings per common share, reaching C$4.16 compared to C$3.56 previously. The fourth quarter of FY25 saw Dollarama's sales surge by 14.8% to C$1.88bn against C$1.63bn in FY24, supported again by store network growth and comparable store sales increases, including the impact of a 53rd week. The quarter's gross margin was reported at 46.8% of sales compared to 46.3% in the same quarter of the previous year, primarily due to reduced logistics costs. Operating income for the quarter improved by 20.1% to C$558.3m, which corresponds to an operating margin of 29.7%, compared to 28.3%. Dollarama registered earnings per share of C$1.40 - an increase of 21.7% compared to C$1.15 in FY24. The company's store count rose to 1,616 on 2 February 2025 from 1,551 on 28 January 2024. In the fiscal year 2026, Dollarama anticipates comparable store sales growth ranging between 3% and 4%, with gross margins expected to be between 44.2% and 45.2%. The company also expects SG&A expenses to rise by 14.2% to 14.7%. In March 2025, Dollarama agreed to acquire Australian discount retailer The Reject Shop for A$6.68 per ordinary share in cash. "Dollarama achieves 9.3% sales surge in fiscal 2025" was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
