Dollar General and Dollar Tree each reported gains in sales and store traffic on Thursday as higher gas prices forced shoppers to pare back.
Category: Discount Selling
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Dollar Tree and Dollar General Report Sales Gains as Shoppers Cut Costs
The New York Times – Business: -
Walmart Posts Slowest Sales Growth in Years as Americans Tighten Wallets
The New York Times – Business:Walmart and other big U.S. retailers have warned that consumers were being cautious, even if personal balance sheets seemed healthy.
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For Struggling JetBlue, Spirit’s Demise May Offer an Opportunity
The New York Times – Business:JetBlue Airways is adding flights at Spirit Airlines’ former home airport as it tries to turn a profit again.
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Spirit Airlines, a Pioneer of Low-Fare Flights, Shuts Down
The New York Times – Business:Spirit once upended the industry by offering very low fares but was in its second bankruptcy in two years after years of struggle.
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Spirit Airlines Prepares to Shut Down
The New York Times – Business:The low-fare airline, which has struggled for years, had been trying to secure a $500 million lifeline from the Trump administration.
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Budget Airlines Ask Trump Administration for Billions as Fuel Costs Rise
The New York Times – Business:A trade group for the airlines is seeking $2.5 billion to help offset the big jump in jet fuel costs since the start of U.S.-Israeli attacks against Iran.
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Discount and higher-end retailers have reported stronger sales from consumers who are hunting for the best deals and long-lasting items.
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Shoppers, Drawn by Steep Discounts, Power Through Black Friday
Data on spending this week shows that consumers are shopping big for the holidays despite inflation and economic worries.
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Retail Earnings Show Shoppers’ Resilience, but Some Stores Struggle
Companies said they managed tariff pressures in the latest quarter as consumers focused on discounts and high quality.
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Want to Save Money on Skiing? Here Are 6 Ways to Pay Less
A multimountain pass is great if you use it enough. New programs are aimed at more casual skiers, offering discounts without the high initial price tag.
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The Luxury Electric Vehicle Is in Trouble
Sales of expensive battery-powered cars like the Ford F-150 Lightning have stalled, forcing automakers to slow production and offer more affordable vehicles.
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Tesla Profit Falls 37% After It Cut Car Prices
The company sold more cars but made less money on each one because of discounts and low-interest loans.