The Economist has a story this week exploring the booming business of discount stores in the recession. Not only is Dollar General expanding, but Dollar Tree had record sales in 2008 and 99¢ Only Stores rang up $1.2 billion in sales. The article notes that discount stores, which typically exist in distressed or rural areas, are rapidly advancing into city centers including Los Angeles and Chicago.
Dollar stores benefiting
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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.
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This page contains a single entry by David Wertheimer published on March 9, 2009 9:54 AM.
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