Target and Fred's open new stores. Is the recession over yet?

Target store
Target store

There's an old adage that discount stores typically lead coming out of a recession. Meaning, this sector will show healthy signs before most other businesses. It's held true in the past, and I keep seeing indications that retailers are indeed readying for a rally.

Target is opening a bunch of stores on Sunday, 26 total (although most are open already, Sunday is the official grand opening). There will be 21 general merchandise, or regular discount stores. Eighteen of these stores will have expanded grocery departments including fresh foods. Five new SuperTarget stores will open as well.