ABU DHABI/WAM Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ...
Read More »Dollar-store chains tumble after food-stamp cuts hurt sales
Bloomberg Shares of Dollar General Corp. and Dollar Tree Inc. tumbled after the discount retailers posted disappointing sales, a sign that cuts in food-stamp programs are taking a toll. Dollar General’s second-quarter revenue and profit both missed analysts’ estimates. Its same-store sales — a closely watched measure — grew just 0.7 percent in the period, compared with the 2.6 ...
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