July 30, 2010

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Costco, Dollar General sales up on bargain-hunting

Thu Dec 10 09:12:00 -0500 2009

Reuters (New York)

- Bargain-seekers continued to flock to retailers offering low prices, giving Costco Wholesale Corp and newly public discounter Dollar General Corp a lift last quarter.

“Consumers continue to be under pressure and are looking for good value,” said Joseph Feldman, an analyst with Telsey Advisory Group. “People are putting more in their baskets” at dollar stores, he said.

To view the full article, download the PDF here: Reuters, December 10, 2009