Dollar General, Like Its Shoppers, Weathers Tough Times

Four years ago, Jacqueline Horne lost her job as a business agent for a union and became a regular shopper at the Dollar General store in Pennsauken.

On a recent visit, the 46-year-old mother of two, who now works part time at a Wal-Mart store, bought cleanser for 50 cents, candy for $1, press-on nails for $1 (she said she can’t afford to get her nails done), and spices for $2.25, the most expensive item in her cart.

“Actually, it turns out to be cheaper,” Horne said of items at the Dollar General at 3400 Haddonfield Rd., on the border of Pennsauken and Cherry Hill. “When you’re on a budget in this economy, you watch everything.

“They really do have everything you need.”

Read more: http://www.mcall.com/news/nationworld/mc-dollar-general-stores-tough-times-20130926,0,3690723.story

Met-Ed To Invest $116 Million

Map of Pennsylvania highlighting Berks County (Photo credit: Wikipedia)

The Metropolitan-Edison Co. plans a $116 million expansion of its electrical infrastructure in 15 counties, including Berks, the utility said Thursday.

In northern Berks, the FirstEnergy subsidiary will spend nearly $10 million to improve service and capacity for future growth in an area now serving 40,000 to 50,000 customers, according to Scott Surgeoner, Met-Ed spokesman.

On Thursday, workers tackled the upgrade at the Northkill substation along Route 183 in Jefferson Township. The project in Berks should be completed by June.

The area includes everything within the parameters of Route 183 north from Route 222 to Interstate 78, east to Route 61 and south to Route 222.

Read more:  http://readingeagle.com/article.aspx?id=468434

PetSmart To Open $50 Million Warehouse In Bethel Township

Map of Berks County, Pennsylvania, United States with township and municipal boundaries (Photo credit: Wikipedia)

National retailer PetSmart plans to open a $50 million distribution warehouse in Berks Park 78 in Bethel Township, creating 500 permanent jobs and 390 construction jobs.

This is the second Fortune 500 company slated to open in the park by January 2014.

A Dollar General distribution center, which plans to employ 500 workers and an additional 75 truckers, announced its plans last month.

Thomas C. McKeon, executive director of the Berks County Industrial Development Authority, said he is ecstatic the two large companies selected Bethel.

Read more: http://readingeagle.com/article.aspx?id=398727

Poor Economy Great For Dollar Stores

Dollar stores have evolved into a go-to spot for holiday shoppers on a tight budget or trying to get more value for their money. In contrast with the often dingy spaces they once occupied, many have undergone renovations and are stocked with a bounty of Christmas trees, wrapping paper, toys and inexpensive electronics for the holiday season. Some even carry steaks.

With the job market and economy still unsettled, dollar stores are predicted to perform robustly as shoppers of all incomes flock there to pick up cheap decor and presents. For the fourth quarter, the category is expected to post a sales increase of 4.2% or higher at stores open at least a year, according to business data firm Thomson Reuters.

Although dollar stores have attracted higher-income customers in recent years, the fallout of the nation’s economic downturn is still especially evident in the aisles of these low-cost stores during the holidays.

Read more: http://www.mcall.com/business/la-fi-dollar-store-christmas-20111221,0,3740256.story

Dollar General: Recession Success Story – Expanding In 2011

Dollar General Corporation of Goodlettsville, TN is actually thriving during the recession.  Unlike many businesses, Dollar General is expecting to hire 6,000 new employees and open 625 new stores this year.  I doubt we will be seeing many other chains announcing such large-scale expansion plans for 2011.

Dollar General operates 9,200 stores in 35 states.  The expansion will add three more states to that list.  Residents of Nevada, New Hampshire and Connecticut will soon be getting stores near them!

The Pottstown area has two Dollar General stores located in the North End Shopping Center and Stowe Crossing.