by Jiana Smith | Sep 23, 2024
Off-price retailers may prove to be “recession-proof” yet again. Consumers trading down amid economic concerns have given a boost to off-price retailers. The stocks have been performing well against the index for the past three months, and the outlook for continued...
by Coralie Carlson | Sep 23, 2024
Target Corp. announced Thursday that Jim Lee, an executive who has climbed the ranks over 26 years at PepsiCo, will be its new CFO. Lee, 50, is set to succeed Target veteran Michael Fiddelke effective this month. Fiddelke is also chief operating officer and has been...
by Coralie Carlson | Sep 20, 2024
The wealthy are thriving, but the stocks of the luxury stores that cater to them aren’t. And while lower-income shoppers feel the pinch, the stocks of the big box stores they shop at are booming. The dichotomy is one of the curve balls in the post-pandemic economy....
by Andrew Ancheta | Nov 25, 2023
The next time you stop at the dollar store, imagine getting a blood test on the way out. That’s already possible for some shoppers in Clarksville, Tenn., where Dollar General is experimenting with mobile clinics at some of its stores. From the parking lot, the mobile...
by Andrew Ancheta | Oct 5, 2023
Dollar General opened its first store in Montana on Saturday, extending its reach throughout the U.S. With the latest expansion to the Treasure State, the discount retailer now has footholds in all 48 continental states, as well as Mexico. The new location is in...
by Andrew Ancheta | Sep 27, 2023
Dollar stores are offering a different type of bargain these days: their stocks. Discount retailers like Dollar General, Dollar Tree, and Big Lots have experienced sharp drops in their stock prices, as consumers feel the pinch of inflation. While the entire retail...
