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Marketplace Morning Report

Fast fashion's quick work

Sep 23, 2019

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Marketplace Morning Report

Family Dollar shutters stores in reorganization

by Kimberly Adams Mar 7, 2019
400 stores will close.
 A woman walks by a Family Dollar store on December 11, 2018 in the Brooklyn borough of New York City. As the income gap between rich and poor continues to grow, dollar and 99 cent stores have become increasingly popular in both urban and rural America. Dollar General, one of several discount retail chains, has become one of the fastest growing retailers in the U.S. According to the Institute for Local Self Reliance, there are now over 30,000 dollar stores in the U.S., up from around 18,000 a decade ago. Dollar General and Dollar Tree alone are expected to have 50k stores in the next few years.
Spencer Platt/Getty Images

Retail discounters flourish as traditional department stores struggle

by Marketplace Contributor Jul 31, 2017
Off-price retailers have become a bright spot amidst the doom and gloom of widespread closures of brick-and-mortar stores and online shopping’s growing dominance.
A former Macy's store in North Hollywood, California is fenced off from public access. The Laurel Plaza shopping center location closed its doors in October 2016, one of 68 Macy's stores nationwide to close through Spring 2017. 
Libby Denkmann/ for Marketplace

How do dollar stores buck inflation?

by Mitchell Hartman Sep 19, 2016
Our listener asks: How do dollar stores still sell the same items for $1 as they did years ago?
 

 
PAUL J. RICHARDS/AFP/Getty Images

A look at Macy's bottom line ahead of a new strategy

by Annie Baxter May 13, 2015
Macy's will open four discount stores in New York this fall.

Who will win the dollar store bidding war?

by Stacey Vanek Smith Aug 18, 2014
If you thought all dollar stores are the same, think again.
Dollar stores continue the bidding war over the purchase of Family Dollar stores.
Brian Killian/Getty Images for Procter & Gamble

Frugal consumers translate to high profits for Dollar General

by Adriene Hill Sep 4, 2013
The discount retail chain reported better than expected profits today and its stock is up almost five percent at the moment.