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June 30, 2009

Recession good news for discount retailers

  • Dollar Tree has wanted to lease more property for years. Now it can sign those leases now due to lower rental rates.
    • By TYLER GRAF
    Daily Journal of Commerce

    PORTLAND — Though the recession has taken its toll on many retailers in Oregon, companies that peddle thrift goods are reporting revenue increases and seeing opportunities for expansion.

    Companies such as Dollar Tree, Goodwill and Costco have used the recession as an opportunity to lease new property or construct new buildings. These companies stand in contrast to Circuit City and Joe's, both of which went bankrupt this year.


     
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