Family Dollar posted its highest first-quarter same-store sales increase in more than 12 years. The company credits the upsurge in profits to a growing number of consumers who are looking for value and a better overall shopping experience. Family Dollar continues to open new stores at a rapid rate and is planning to open 300 more units by the end of the fiscal year…Read More
Dollar General is in the process of opening 625 new stores and expanding its employee base by hiring 6,000 new employees. The company will spread these new locations among the 35 states it already conducts its business. Connecticut, Nevada and New Hampshire are three states that will receive new stores, while Kansas and Missouri will add more to its previously opened locations… Read More
Lowe’s has announced the opening of four new locations in New Jersey, Maine and California. The official opening day for all the new stores was on Dec. 27, 2010. Lowe’s operates over 1,700 stores in the United States, Canada and Mexico… Read More
According to a report released from Customer Growth Partners (CGP), consumer sales rose over 5% for the holiday period of 2010. Government data and recently acquired information from CGP surveys shows the biggest year-over-year growth not seen since the 6.1% spike in 2005. Despite 10% unemployment, the American consumer seems to be helping the economy rise out of it financial woes, according to CGP president, Craig Johnson… Read More
The National Association of Realtors (NAR) is predicting a positive overall growth for the housing market in 2011. Among the announcements were estimates that new home sales would rise 24% and existing home sales would follow suit with a projected 8% increase to reach 5.2 million. The NAR is known for its bold optimism, and has for the past several years, predicted a steady upsurge in the housing market… Read More