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Global retail giant Uniqlo is poised to embark on an ambitious expansion in North America, aiming to double its presence in the region with the opening of over 20 new stores in 2024. The brand, known for its innovative LifeWear collections for men, women, and kids, will concentrate its expansion efforts in both eastern and western regions, including venturing into new markets.

In a recent earnings call, Dollar General, the popular dollar store chain, unveiled a complex financial landscape marked by a 2.4 percent increase in net sales but a concerning 1.3 percent drop in same-store sales during the third quarter of this year. The company, which operates around 18,000 stores nationwide, cited a decline in average transaction amounts as the primary reason behind the dip in same-store sales across various categories, including apparel, home, seasonal, and consumables.

In a bid to meet the growing demand for innovative and reliable sourcing options across the United States, Texworld NYC, a prominent textile and apparel industry show, is gearing up to expand its 'Local Sourcing' zone in the upcoming January edition. This strategic move aligns with Texworld NYC's commitment to fostering a robust American supply chain.

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