By  on January 23, 2018

Year-over-year retail sales remain robust as The Retail Economist-Goldman Sachs Weekly Chain Store Index showed a 3.4 percent gain. Week to week, sales showed a slight gain of 0.1 percent for the period ended Saturday, Jan. 20.

The year-over-year gains were driven by strong sales at dollar stores and grocery chains, noted Michael P. Niemira, chief economist of The Retail Economist LLC. One of the largest dollar store chains, Dollar General, recently announced a new distribution center in Texas to support its rapid growth.

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