Content about Variety stores

June 10, 2013
Leadership changes at Dollar Tree

Dollar Tree has promoted Gary Philbin to president and COO. He has served as COO since 2007. Bob Sasser continues to lead the company as its CEO.

May 23, 2013
Record results for Dollar Tree in Q1

Dollar Tree achieved the highest first-quarter operating margin in its history for the first quarter ended May 4.

March 25, 2013
DG to surpass 11,000 stores in '13

Fourth quarter same store sales increased 3% at Dollar General as the company capped of another record year and indicated it would open 635 stores this year.

January 24, 2013
Food retail expert assumes interim CEO role at 99 Cents Only

Former Food Lion CEO, and current board member for 99 Cents Only Stores, Richard Anicetti, is assuming the role of interim CEO for the discount retailer.

January 2, 2013
Dollar Tree to expand Oklahoma DC

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

December 19, 2012
99 Cents Only enhances online efforts

99 Cents Only Stores has revamped its website to better showcase a range of new capabilities, including bulk purchases and in-store pickup of online orders.

October 12, 2012
Dollarama adds new director to board

Canadian dollar-store chain, Dollarama, has named Richard Roy as an independent director of the corporation.

September 28, 2012
Another retailer achieves a major milestone

During a year that saw Dollar General open its 10,000th store and AutoZone opens its 5,000th store, rent-to-own retailer Aaron’s has opened its 2,000th location.

September 5, 2012
The comps keep coming for Dollar General

Same store sales increased 5.1% at Dollar General during the second quarter and the company remains on track to open more than 600 new stores this year.

August 16, 2012
Dollar Tree grows 77 more stores

Profits surged, sales momentum slowed

June 28, 2012
Family Dollar keeps delivering value for shareholders and consumers

Dollar stores continue to thrive in this consumer-conscious economy, and Family Dollar is no exception.

June 19, 2012
Dollar General eyes Northeast expansion

Plans for a new distribution center near Philadelphia will allow Dollar General to more effectively replenish its rapidly expanding store base.

June 15, 2012
Another dollar store competitive threat

Dollar General and Family Dollar aren’t the only discount retailers Walmart has to worry about. North of the border the Dollarama chain is growing nearly as fast.

June 14, 2012
A Canadian competitor to keep an eye on

With Target set to open its first stores in Canada in less than a year, one source of competition will come from the rapidly growing Dollarama chain.

June 7, 2012
More traffic challenges from the dollar stores

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.

April 11, 2012
Dollarama thrives as it awaits more U.S. competition

Dollar stores in the United States have seen much success in recent years (check out Retailing Today's report on Dollar General here) and they appear to be doing just as well north of the border.

March 30, 2012
10,000 and counting for Dollar General

Nothing is slowing down Dollar General, which, shortly after reporting surging quarterly sales and profits, announced that it will open its 10,000th store in the United States.

March 28, 2012
Allure of single price point could prompt further dollar store designs

Walk into a Target store anywhere in the U.S. and it’s a safe bet there will be at least a few customer rummaging through the bins of single price point merchandise in the Dollar Spot located just inside store entrances. The ever changing assortment’s treasure hunt appeal and single price point value proposition are simply too much for many customers to bypass. It is enough to make wanna-be merchants wonder if further expansion of the concept makes sense for Target, especially considering the raging success companies such as Dollar General and Family Dollar are having.

January 6, 2012
Family Dollar seeks gold in California

Momentum remains on the side of Family Dollar, as the company late Thursday reported another quarter of record sales and profits and the opening of 101 units, which included its first stores in California.

January 3, 2012
Dollar General has big plans for 2012

Dollar General was among the discount stores that benefited from a more cautious consumer spending in 2011, and the retailer expects that momentum to continue in 2012.

November 22, 2011
Fred's reports strong Q3 results

Discount retailer Fred's realized positive third-quarter results, thanks to "strong customer traffic, higher gross margins in its general merchandise and pharmacy departments, as well as improved management of controllable operating costs," Fred's CEO Bruce Efird said.

October 20, 2011
Tractor Supply among those impacting WMT sales and traffic

Dollar stores get a lot of the credit for negatively impacting Walmart’s U.S. sales the past few years and it’s no wonder. The big three – Dollar General, Family Dollar and Dollar Tree – have grown rapidly and collectively operate more than 20,000 conveniently located units that offer sharp prices on an expanding assortment of food and consumables.

September 28, 2011
Family Dollar Q4 profit up, boosts store expansion plans

Family Dollar Stores announced Wednesday that it plans to open 450 to 500 new stores in fiscal 2012, a 50% jump compared with the number of openings in fiscal 2011, and will renovate, relocate or expand over 1,000 locations.

August 18, 2011
Earnings grow on Dollar Tree

The discount store channel continues to thrive, as evidenced by Dollar Tree's strong second-quarter performance.

August 11, 2011
Family Dollar hits a major milestone

Family Dollar opened its 7,000th store Thursday, further cementing the dollar-store channel as an area of rapid growth.

© 2013 Retailing Today. All Rights Reserved.