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>> DOLLAR TREE Latest News

SEP 30, 2013 - Business Insider

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Budget-Conscious Customers Are Abandoning Wal-Mart For Dollar Stores

Dollar stores are beating Wal-Mart in the competition for budget-conscious customers.  Wal-Mart's merchandise has been "piling up because consumers have been spending less freely," Renee Dudley at Bloomberg reported last week. The company is also preparing for a tough holiday season.  Meanwhile, Dollar Tree is opening legions of stores and increasing traffic and sales at a rapid pace.  "Dollar stores are winning, while Wal-Mart is having to cut orders," Brian Sozzi, chief equities strategist at Belus Capital, told us. "This sends a strong economic message because dollar stores ... Read More

Tags: Budget-Conscious Customers Are Abandoning Wal-Mart For Dollar Stores,  Dollar Tree Latest News