Wall Street started the new year with a robust jump, helped by encouraging corporate and economic news that pushed the broad market to a 28-month high. The S&P 500 has now reclaimed nearly 90% of its losses from the bear-market bottom of March 2009.
Dollar General announced Monday morning that its 2011 expansion plan to open 625 new stores will allow it to hire 6,000 workers this year. The discount retailer plans to add stores in markets across its existing 35-state operating area, as well as in three new states: Connecticut, Nevada and New Hampshire.
A quiet week for earnings, along with new reports on consumer credit, consumer sentiment, economic optimism, wholesale trade, the U.S. trade balance and federal budget balance, should give the stock markets a chance to settle down after last week's volatility.
Thrifty shoppers looking for low prices on basics are frequently passing up the big boxes of Walmart for the tighter aisles of their local dollar stores. The cheaper upstarts have replaced no-name products with nationally known brands and revamped their interiors to lure in a new crop of bargain hungry customers.
Despite continued economic doldrums and the onset of the holiday season, many companies are eager to hire right now. If you're looking for a job, try focusing on seasonal work, discount retailers and tech companies.
We started with Citi Investment Research's top global retail picks for an "hourglass" recovery (benefiting retailers on the high and low ends). After drilling down into the fundamentals and valuations, here are our five favorites.
The dollar store operator said its profit rose 51% in the second quarter as consumers continue to shop for bargains amid a weak economy. Along with the profit jump, Dollar General announced plans to open 600 new stores.
Investors nervous about a stalled economic recovery -- or possibly the second dip of a double-dip recession -- will watch for this week's economic data, including construction and consumer spending, factory orders and August jobless figures.
Some companies don't realize how important their image is until it's gone. A new survey of corporate directors shows that reputation may account for 70% of a company's value.
Discount retailer Dollar General reported first-quarter earnings Tuesday, beating Wall Street estimates, as budget-conscious consumers continue to bargain hunt for everyday items.