consumer economy

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One Retail Chain Is Doing Well These Days. That's Concerning

Rising sales, new pricing strategies drive record quarter for Dollar Tree in struggling US economy

(Newser) - While much of the retail sector is struggling, Dollar Tree just recorded one of its best quarters in years, underscoring how discount chains can thrive when consumers feel squeezed. The retailer reported a 9.4% jump in sales, to almost $5 billion for Q3, with same-store sales up more than...

Premier to Chinese: Get Ready to Buy, Buy, Buy

Consumer spending is what China needs now: Wen Jiabao

(Newser) - China's premier today called on his countrymen to spend big to boost the national economy because international markets aren't up to the job. "Expanding domestic demand, particularly consumer demand, is essential to ensuring China's long-term, robust economic development, and is the focus of our economic work...

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