SOURCE: Rothman Research

Rothman Research

August 18, 2010 08:49 ET

Shareholders Reports on Big Lots and Dollar General -- Discount Retailers Faring Better Than the Rest of the Retail Industry

JOHANNESBURG, SOUTH AFRICA--(Marketwire - August 18, 2010) -   www.RothmanResearch.com undertakes intensive analysis of the discount, variety stores industry and provides systematic research on Big Lots Inc. (NYSE: BIG) and Dollar General Corp. (NYSE: DG). Sign up today on www.rothmanresearch.com to get access to these free reports and more.

Recent quarterly earnings reports have been positive in the discount variety store sector with most companies posting profits compared to last year. Discount variety stores have fared better than other retailers during the recession. Early this month, Big Lots Inc. announced its sales figures for the second quarter of 2010 with same-store sales up by 3.8%. Total retail sales for the company were at $1.13 billion. Note that the company is scheduled to release its earnings next week on August 23rd. www.rothmanresearch.com provides technical analysis and free downloadable research report on Big Lots Inc. by signing up now at

http://www.rothmanresearch.com/article/big/23853/Aug-18-2010.html

Back in June, discount retailer Dollar General Corporation posted its fiscal first quarter earnings with profits surging by 64%. www.rothmanresearch.com provides free downloadable research report on Dollar General Corporation by signing up now at

http://www.rothmanresearch.com/article/dg/23854/Aug-18-2010.html

With unemployment rates remaining high and economic turbulence continuing shoppers are still looking to save on purchases. Consumers are staying away from non-essential purchases, but stores offering dry goods and other essential items have been doing well. If profits are any indication it seems that consumers are not shying away from spending a few bucks.

www.rothmanresearch.com is a source for investors seeking free information on the discount, variety stores industry; investors and shareholders of Big Lots Inc. and Dollar General Corporation are encouraged to sign up for free at http://www.rothmanresearch.com/index.php?id=6&name=Register.

While other retailers have been taking advantage of the moderate economic upturn to increase their price points and thus profit margins, companies in the discount variety sector do not have this luxury. They are turning instead to increase operational efficiency in an attempt to bring their production costs down and margins up. 

With the back to school season rapidly approaching discount variety stores are hoping to take advantage of penny wise parents and students alike looking to get kitted out for less.

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