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Dollar General's (DG) comparable-store sales increased year over year primarily owing to rise in average transaction amount and customer traffic.
For the week, the S&P 500 and the Dow Jones Industrial Average rose more than 4.5%, while the Nasdaq Composite rose nearly 6%. In the week ahead, a fresh reading on inflation and retail sales will ...
Under his son's leadership, the company grew to more than 6,000 stores and $6 billion in sales. In 1997 a distribution center was established in South Boston, Virginia. [22] In 2000, Dollar General opened a new corporate headquarters in Goodlettsville, Tennessee. By the end of 2000, sales at Dollar General exceeded $4 billion. [23]
Still, U.S. retail sales during Thanksgiving week alone are expected to grow by 10% over last year and by 12.2% versus to the same week in 2019, according to Mastercard SpendingPulse projections.
Retail sales data and earnings from companies including Walmart and Target will be closely watched this week as investors look to build on the renewed optimism that has hit Wall Street.
Dollar General's (DG) top and bottom line grew year over year. Also, the company witnessed sturdy same-store sales performance.
Five red tags with a red string on a black background that say: 'Black Friday', in black letters. Concept of black Friday, offers, promotion, cheap prices, sales and consumerism.
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