Tag: retail stores

Shares of Dollar Tree and Dollar General Rise as Inflation Pushes Shoppers to Find Bargains

May 27, 2022
Business & EconomyCompaniesdiscountseconomyinflationretail storesU.S. InflationUS
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Shares of Dollar Tree Inc. and Dollar General Corp. surged on May 26 after upbeat financial news for 2022 from the two discount retail chains in the their first-quarter earnings reports. Many shoppers are flocking to discount retailers as U.S. inflation rates hit a four-decade high. “Despite ongoing headwinds due to supply chain pressures and heightened…

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Abysmal Black Friday Numbers a Sign of Things to Come?

December 1, 2021
Analysisblack fridayBusiness & EconomyBusiness ColumnistsHoliday ShoppingOpinionretail stores
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News commentary Are the days of Black Friday producing black eyes coming to an end? New data from Sensormatic Solutions revealed that traffic at retail stores on this year’s Black Friday tumbled 28.3 percent compared to the same time in 2019. But foot traffic at brick-and-mortar establishments was up 47.5 percent from last year when many…

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