Content about Currency

January 30, 2013

Most retailers in Canada are ready for a phase-out of one-cent coins, a national retailing trade group said Wednesday.

January 2, 2013

Dollar Tree intends to expand its 603,000-sq.-ft. distribution center in Marietta, Oklahoma by an additional 400,000 sq. ft.

October 8, 2012

Dollar General is the overall basket price leader, delivering a substantial savings to value shoppers, according to Kantar Retail's second annual opening price point survey. Walgreens, for the second year, had the most expensive total basket, driven by sharply higher edible and nonedible grocery baskets.

June 7, 2012

Surging profits and a 6.7% first quarter same-store sales increase prompted Dollar General to raise its full year profit forecast by three cents. Family Dollar is scheduled to report comparable results later this month as the small discount store remains on a roll.

January 12, 2012

Sales at 99-Cent Only Stores rose 10.6% to $403.9 million for the third quarter of fiscal 2012 over sales of $365.4 milllion for the same quarter last year.

June 30, 2011

Family Dollar disappointed its investors this week with a third-quarter earning report in which gross margin pressures caused the company to report earnings per share of 91 cents that were four cents shy of analysts’ consensus estimates. The operator of 6,900 stores also said its 4.7% same-store sales increase was short of guidance of 5% to 7% and then used the occasion to lower fourth-quarter sales and earnings forecasts.

April 18, 2011

For all the talk of inflation this year, whether it is the price of cotton or the cost of food, Easter won’t cost anymore this year than last year for shoppers who are selective in their purchases at Target.

The retailer featured bagged candy on the cover of this week’s circular at the same $2.69 price point as last year for the same quantities. Inside, felt baskets at $2, Peeps at two for $3, plastic eggs for 65 cents, plush characters at $4.99 and that carrot shaped cellophane thing filled with orange Reese’s Pieces at 99 cents were the same prices as the prior year.

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