Dollar General has big plans for 2012
GOODLETTSVILLE, Tenn. — Dollar General was among the discount stores that benefited from a more cautious consumer spending in 2011, and the retailer expects that momentum to continue in 2012. The company announced that it plans to open 625 new stores and add more than 6,000 new jobs in 2012. These new stores and jobs will be spread among Dollar General’s 38-state operating area, plus California and Massachusetts.
“Dollar General is excited about our tremendous opportunity for growth in existing markets as well as in new markets such as California and Massachusetts,” said Rick Dreiling, Dollar General’s chairman and CEO. “We believe the new communities and states we are entering will benefit from our stores’ convenience and value, as well as the jobs and commitment to community our stores bring.”
The projected jobs follow on the heels of three years of positive job growth for the company. Including 2012, the company will have created more than 21,000 new jobs since 2009.
In addition to 625 new stores in 2012, the company said it plans to remodel or relocate 550 stores and open a distribution center in California.
ComScore: Holiday spending continued to rise
RESTON, Va. — Holiday spending continued on an upward trend as spending during the holiday season to date saw a vast increase, compared with the prior year, a new report from ComScore found.
For the first 56 days of the November-December holiday season, spending rose 15% to $35.3 billion. Similarly, spending rose 16% during the week ended Christmas Day (Dec. 25), to $2.8 billion, compared with the corresponding week last year.
"Holiday e-commerce spending has remained strong throughout the season, and we have now reached a record $35 billion in U.S. online sales for the season-to-date," ComScore chairman Gian Fulgoni said. "We can now say with certainty that the $1.25 billion spent on Cyber Monday will rank it as the heaviest online spending day of the season for the second consecutive year, but we should also note that it was accompanied by nine other billion dollar spending days this year."
‘Transformers: Dark of the Moon’ to debut at retail
HOLLYWOOD, Calif. — The latest "Transformers" film is making its debut in a four-disc set that includes Blu-ray and DVD formats.
"Transformers: Dark of the Moon" Ultimate Edition includes Blu-ray 3D, Blu-ray and DVD combo pack with UltraViolet and a digital copy, which feature four hours of behind-the-scenes footage, cast and crew interviews and more, Paramount Pictures said. The third film in the series, "Transformers: Dark of the Moon" follows Sam Witwicky (played by Shia LaBeouf) as he and the autobots fight to defend Earth from evil robots known as decepticons.
"Transformers: Dark of the Moon" will hit store shelves on Jan. 31.