Financial Times FT.com

Dollar shops are at heart of consumer sentiment

By Jonathan Birchall in New York

Published: January 1 2009 16:55 | Last updated: January 1 2009 16:55

Rick Dreiling has had a good year since taking over in January as chief executive officer of Dollar General, the 8,000 store, hard-discount variety chain.

Amid the pervasive gloom, Dollar General reported a comparable sales increase of 10.2 per cent in its third quarter – more than three times the 3 per cent growth reported by Wal-Mart, the largest US discounter.

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