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June 21, 2005

Sector Watch: Dollar Stores Growing Fast

By Michelle Napoli

Dollar stores represent one of the fastest growing segments of the retail industry—and the trend isn't expected to slow down any time soon. There were about 30,000 dollar stores and other so-called “small-format value retailers” in 2004, and another 6,000 net new stores are expected to open between now and 2009, according to the latest data from Retail Forward Inc., a market research firm in Columbus, OH.


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