Multiline Retail General Merchandise Stores

More

  • Dollar General sales miss; consumer spending sluggish Thursday, 3 Dec 2015 | 10:58 AM ET
    A customer walks into a Dollar General store near Montpelier, Vermont.

    Dollar General, the No.2 U.S. discount retailer, reported lower-than-expected quarterly net sales as consumer spending showed few signs of recovery.

  • Dec 3- Dollar General Corp, the No.2 U.S. discount retailer by store count, reported lower-than-expected quarterly net sales as consumer spending showed few signs of recovery. Dollar General said on Thursday that its same-store sales rose 2.3 percent in the third quarter. Dollar General said it was adopting "zero-based budgeting"- wherein companies plan...

  • Dec 3- Dollar General Corp, the No.2 U.S. discount retailer by store count, reported lower-than-expected quarterly net sales, saying the retail environment was similar to the preceding quarter when it said consumers were holding back on spending. Dollar General's net income rose to $253.3 million, or 86 cents per share, in the third quarter ended Oct. 30 from...

  • Dollar General quarterly sales rise 7 pct Thursday, 3 Dec 2015 | 6:59 AM ET

    Dec 3- Dollar General Corp, the No.2 U.S. discount retailer by store count, reported a 7.3 percent rise in quarterly net sales, helped by higher demand for items such as candy, snacks and tobacco products. The company's net income rose to $253.3 million, or 86 cents per share, in the third quarter ended Oct. 30 from $236.3 million, or 78 cents per share, a year earlier.

  • Nov 24- Dollar Tree Inc reported better-than-expected net sales for the third quarter, its first since acquiring Family Dollar and becoming the largest discount retailer in the United States. Higher rents, taxes and healthcare costs are pushing low-income Americans to rein in spending, helping discount retailers to win more business, Dollar Tree Chief...

  • Nov 24- Discount retailer Dollar Tree Inc reported better-than-expected quarterly net sales as the company benefited from its $8.5 billion acquisition of Family Dollar. However, same-store sales at the Dollar Tree business grew slower than expected. Dollar Tree's net income fell to $81.9 million, or 35 cents per share, from $133 million, or 64 cents per share, a...

  • Dollar Tree quarterly profit drops 38.4 pct Tuesday, 24 Nov 2015 | 7:41 AM ET

    Nov 24- Discount retailer Dollar Tree Inc reported a 38.4 percent drop in quarterly profit, hurt by expenses related to the integration of its Family Dollar acquisition. The company's net income fell to $81.9 million, or 35 cents per share, in the third quarter ended Oct. 31 from $133 million, or 64 cents per share, a year earlier. Net sales more than doubled to $4.95...

  • Sales at Britain's Asda fall 4.5 pct in third quarter Tuesday, 17 Nov 2015 | 7:23 AM ET

    LONDON, Nov 17- Sales at food retailer Asda fell for a fifth straight quarter, the company said on Tuesday, confirming it as the worst performer of Britain's big four grocers, which are being hurt by a price war triggered by the rise of discounters. Asda, owned by Wal-Mart, said sales at stores open over a year fell 4.5 percent in the 13 weeks to Sept. 30, its fiscal third...

  • Toymakers bet on older franchises Tuesday, 10 Nov 2015 | 10:00 AM ET
    Toymakers bet on older franchises

    Retailers and toy makers expect characters from past decades to boost sales this holiday season.

  • LONDON, Nov 4- British retailer Marks& Spencer on Wednesday raised its annual forecast for non-food profit margins, its strategic priority, despite reporting another dip in quarterly underlying sales in the troubled division. M&S said sales of general merchandise, spanning clothing, footwear and homeware, at stores open over a year, fell 1.9 percent in the 13...

  • M&S non-food sales dip again but profit margins grow Wednesday, 4 Nov 2015 | 2:12 AM ET

    LONDON, Nov 4- British retailer Marks& Spencer on Wednesday reported another dip in quarterly underlying sales in its non-food business, though it said it is delivering on its strategic priority to boost profit margins, raising its forecast. The 131- year-old firm said sales of general merchandise, spanning clothing, footwear and homeware, at stores open over a...

  • *China's Vipshop Holdings to take 30 mln euro tranche. PARIS, Oct 19- French online fashion retailer Showroomprive.com expects to have a market value of up to 870 million euros when it debuts on the Paris bourse next month, in a listing aimed at raising 50 million euros for expansion. U.S.-listed online discount retailer Vipshop Holdings has committed to buy a...

  • Sept 10- Canadian discount retailer Dollarama Inc reported better-than-expected quarterly profit and sales as customers bought more higher-priced items, boosting its average revenue per transaction. Dollarama said on Thursday that its same-store sales rose 7.9 percent. Dollarama's net income jumped to C $95.5 million, or 74 Canadian cents per share, in...

  • Sept 10- Canadian discount retailer Dollarama Inc's quarterly profit surged 38.6 percent as customers spent more per transaction at its stores. Dollarama's net income rose to C $95.5 million, or 74 Canadian cents per share, from C $68.9 million, or 51 Canadian cents per share, a year earlier. Revenue rose 14 percent to C $653.3 million.

  • Sept 1- Discount retailer Dollar Tree Inc's quarterly sales rose less than analysts had expected as it focused on integrating Family Dollar stores amid intense competition from mass retailers such as Wal-Mart Stores Inc. Analysts had touted Dollar Tree's acquisition of Family Dollar as a game changer for the smaller discount retailer, as it propelled the...

  • Sept 1- Discount retailer Dollar Tree Inc's quarterly sales rose less than analysts expected due to intense competition from retailers such as Wal-Mart Stores Inc and as it focused on closing the acquisition of Family Dollar Stores Inc.. Dollar Tree's sales forecast for the current quarter also fell short of Wall Street's estimates, sending the company's...

  • Discount retailer Dollar Tree sales rise 48.3 pct Tuesday, 1 Sep 2015 | 7:43 AM ET

    Sept 1- Dollar Tree Inc, the No. 1 U.S. discount retailer by store count, reported a 48.3 percent rise in quarterly sales, helped mainly by its acquisition of Family Dollar. Dollar Tree posted a net loss of $98 million, or 46 cents per share, for the second quarter ended Aug. 1, mainly due to costs related to the Family Dollar deal. The company posted a profit of $121.5 million,...

  • Aug 27- Dollar General Corp, the No.2 U.S. discount retailer by store count, reported quarterly sales that fell slightly below analysts estimates and said it expects same-store sales growth for the year to be at the low-end of its forecast. Dollar General slipped from the No.1 spot after it lost a takeover battle for smaller rival Family Dollar Stores Inc to...

  • Aug 27- Dollar General Corp, the No.2 U.S. discount retailer by store count, reported a better-than-expected rise in quarterly profit, helped by strong demand for candy, snacks and tobacco products. Dollar General had about 12,000 stores as of May 1. Dollar General, which has said that it would speed up store openings this year, on Thursday reiterated the full-year...

  • Dollar General sales rise 7.9 pct Thursday, 27 Aug 2015 | 7:12 AM ET

    Aug 27- Discount retailer Dollar General Corp reported a 7.9 percent rise in quarterly sales, helped by increased customer traffic in its stores. Net income rose to $282.3 million, or 95 cents per share, in the second quarter ended July 31 from $251.3 million, or 83 cents per share, a year earlier. Sales rose to $5.10 billion from $4.72 billion, while same-store sales...