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Economists say general merchandise retailers are simply enjoying the fruits of a good economy the way they should have been all along.
"It still remains to be proven whether they can be a general merchandise retailer."
General merchandise retailers on the Web say they have not experienced significant dropoffs in sales, at least yet.
In 1978, the company acquired Mervyns and became the 7th largest general merchandise retailer in the United States.
In 2007, it was reported that in the UK, one pound in every seven spent went to the Tesco grocery and general merchandise retailer.
Choppies is a Botswana multinational grocery and general merchandise retailer headquartered in Gaborone, Botswana.
Sears, Roebuck & Company, the nation's largest general merchandise retailer, said yesterday that its fourth-quarter earnings had slipped 1.7 percent as its revenues rose 7.5 percent.
For general merchandise retailers, sales at stores open at least one year - known in the industry as same-store sales - are not expected to rise sharply this year.
Penney, with sales last year of $14.7 billion, is the nation's third-largest general merchandise retailer after Sears, Roebuck & Company and the K Mart Corporation.
In the important category of sales at department stores and other general merchandise retailers, sales fell 1.2 percent in March, to $15.6 billion, after falling 1.5 percent in February.
In 1866, he joined with David F. Shuele to open 'Sohns and Schuele', a general merchandise retailer in Vancouver.
Following are results of the other general merchandise retailers that reported sales yesterday: Dayton Hudson Corporation: Overall sales rose 8.8 percent last month, and 16 percent for the 39-week period.
New York-based Woolworth is a general merchandise retailer, operating more than 8,200 stores worldwide including Foot Locker, Northern Reflections, After Thoughts and Champs Sports.
Take Meijer Stores, a closely held general merchandise retailer and grocer with sales of $10 billion last year, which this month begins rolling out pricing technology from ProfitLogic.
Over all, employment at department stores and other general merchandise retailers was down, the government said, because seasonal hiring was lower than usual and the industry's total employment has been "trending down."
People have also leaned toward nontraditional gifts such as travel, services and gift certificates for things as odd as drivers education classes or reflexology, leaving general merchandise retailers scrambling for sales.
"Even though the stock has lost a lot of value, if you look at the market capitalization plus the outstanding debt, investors are still anticipating a successful general merchandise retailer," Mr. Rowen said.
Sales by general merchandise retailers have lagged behind the rest of the strong economic indicators in recent years as shoppers have held off on purchases of clothes in favor of cars, services and other goods.
DAYTON HUDSON CORP., Minneapolis, the general merchandise retailer, named Douglas A. Scovanner senior vice president of finance.
"I'm hard pressed to name a U.S.-based general merchandise retailer that is doing better than Wal-Mart International," said Bill Dreher, who follows Wal-Mart for Deutsche Bank in New York.
Analysts point to Costco as the general merchandise retailer to watch on the Web, because of its success in selling merchandise online that is not carried in its sprawling stores, including items like jukeboxes, pool tables and even diamond jewelry.
They already compete fiercely in Brazil, Mexico and South Korea, and when Carrefour has finished acquiring the Primordes chain, it will be the second-largest general merchandise retailer in the world after Wal-Mart, but with more international experience.
K Mart, the nation's second-largest general merchandise retailer after Sears, Roebuck & Company, said that net income in the three months ended Jan. 27 advanced to $321.2 million, or $1.58 a share, from $285 million, or $1.41 a share, in the corresponding quarter a year earlier.
In 2009, Tesco (a British multinational grocery and general merchandise retailer) opened its first UK branch at which service robots were the only option at the checkout, in Kingsley, Northampton - its US chain, Fresh & Easy, already operates several branches like this.
This means it will be distributed free in select retail and service establishments, in community centers, health clubs, retail bookstores and physicians' offices - we've identified specific physicians' offices that this group tends to visit more frequently - and museums, hospitals, retirement communities, pharmacies, libraries and general merchandise retailers.