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  • Dollar General to open 625 stores in 2011

    Goodlettsville, Tenn. -- Dollar General Corp. on Monday lifted its earnings outlook for the year as fiscal third-quarter profit jumped 69% on continued growth in sales and margins.

    The company reported earnings of $128.1 million in the latest quarter, compared with $75.6 million a year earlier. Net sales for the quarter ended Oct. 29 rose 10% to $3.22 billion and same-store sales increased 4.2%.

  • NRF lists top 10 retailers for best customer service

    New York City -- The National Retail Federation on Friday released its 2010 list that annually ranks the 10 stores with the best customer service.

    The list is based on surveys of more than 9,000 shoppers, all asked the following question: “Thinking of all the different retail formats (store, catalog, Internet or home shopping), which retailer delivers the best customer service?”

    In total, the NRF ranked 46 stores, and will release the complete list in January.

  • Retail hiring slowed in November

    New York City -- The Labor Department’s November report indicated that retailers didn't hire as many new workers during the month as they traditionally do at this time of year, according to the Wall Street Journal.

    The report showed retailers are extending hours of existing workers and some may have hired earlier this year than usual.

  • Jobless claims drop in past month

    Washington, D.C. -- Fewer Americans filed claims for unemployment insurance payments over the past month, indicating some positive movement in the job market.

    According to the latest labor department figures, the number of applications for jobless benefits averaged 431,000 a week over the month ended Nov. 27, the lowest level since August 2008. Claims increased by 26,000 last week, more than forecast, to 436,000, after reaching a two-year low.

  • RILA report: Same-store sales rises suggest rise in consumer activity

    Arlington, Va. -- After same-store sales reports on Thursday showed strengthened performance among most major retail chains, the Retail Industry Leaders Association said that November results may suggest that consumer activity is on the rise, and could indicate the strongest holiday shopping season retailers have experienced in recent years.

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