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Dollar Stores: A Great Price for the Recession

Time Magazine, by Sean Gregory Posted By: GaGardener- Tue, 06 Oct 2009 13:49:46 GMT A surprising set of items are helping spur the growth of Dollar Tree, the super'duper discount chain where every item actually sells for a buck or less. (Snip) The chain, which operates about 3,700 stores in 48 states, saw its profits rise 51%, to $56.9 million, for the quarter that ended Aug. 1. In a depressed retail environment, same'store sales jumped 6.8% for the quarter; the retailer's shares have risen over 40% since mid'February.

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