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Dollar General beats Street; to open 1,000 stores and hike store managers pay
Dollar General on Thursday reported better-than-expected fourth quarter sales and earnings and said it planned to raise compensation and increase training for store managers. The discounter also said it plans to open approximately 1,000 stores and remodel or relocate 900 existing stores in fiscal 2017. -
Off-pricers in big expansion push
Forget about online. The biggest threat to Macy’s and other department store retailers is coming from bricks-and-mortar. Speaking at a recent conference in New York City, Macy's CFO Karen Hoguet said off-price retailers have proven a bigger long-term challenge to the company than the Internet, CNBC reported.

