Channel: Dollar/Value

Articles about the Dollar/Value channel.

  1. Channel: Dollar/Value

Tesco Irish Price Cuts Instigate Price War

“Supermarket price war: retailers to ‘come out fighting’ after Tesco’s pledge to cut more than 700 grocery items. “Move is likely to put pressure on other supermarket chains to follow suit, leading to significant savings for Irish consumers. “Ireland’s leading supermarkets are likely to follow Tesco’s lead in reducing the price of hundreds of products […]
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  1. Channel: Dollar/Value

 Aldi Sued For $10 Million In Class Action Over Labeling

Newsweek reports that “Aldi has been named in a class action lawsuit in California that alleges it misrepresented its fruit and grain bars to consumers by claiming they only contain natural products. “In a filing with the U.S. District Court for central California on May 30, a lawyer for plaintiff Deana Lozano, a health care […]
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  1. Channel: Dollar/Value

Your Views:  Business.  Not Personal.

Yesterday we took note of a Boston Globe story about how youth organizers with the Hyde Square Task Force in Jamaica Plain, Massachusetts, did significant market research and figured out that a grocery cart of items at their local Stop & Shop cost $34 more than the same products at the chain’s store in suburban […]
12 min read
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  1. Channel: Dollar/Value

Dollar General, At A Rural Crossroads

Fascinating piece in the New York Times about some resistance Dollar General is facing in one rural community to its plans to build a new store there. An excerpt: “Anne Hartley’s brick house in Ebony, Va., overlooks windswept fields, a Methodist church, a general store and the intersection of two country roads, a pastoral setting […]
3 min read
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  1. Channel: Dollar/Value

Retailers cut supply chain costs as purchasing patterns change

Some retailers are laying off workers in distribution and fulfillment centers. Others are closing warehouses or delaying plans to open new facilities. Jonathan Ramsden, chief financial and administrative officer at Big Lots, which recently closed four distribution centers, said the chain had opened the warehouses during the pandemic “to support a period of high growth… […]
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  1. Channel: Dollar/Value

Aldi Uses Instacart To Launch New Virtual Convenience Format

Aldi announced yesterday that it is working with Instacart to launch what they are calling Aldi Express, described as a “virtual convenience store.” According to the announcement, Aldi will use Instacart to get “Aldi-exclusive products to customers’ doors quicker than ever. From convenience items such as prepared foods, snacks and drinks to grocery staples and […]
2 min read
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  1. Channel: Dollar/Value

Dollar General lowers expectations as consumers cut back on purchases

Dollar General lowered its full-year net sales forecast and now expects a gain in the 3.5 to five percent range, down from its previous guidance of an increase falling between 5.5 and six percent. “Our sales guidance assumes our customer will remain under pressure for the remainder of the year,” Kelly Dilts, Dollar General’s chief… […]
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  1. Channel: Dollar/Value

The grey pound strikes back: RTIH’s biggest retail technology news stories of the week

It’s Friday, the weekend is almost upon us, so let’s kick back and reflect on another eventful week for the retail systems space. Here’s your briefing on the most important stories from the past five days, including Six Flags, Amazon’s Just Walk Out tech, Aldi UK, Polytag, SADA, Frasers Group, Ingka Group, and Made4net. 1. […]
4 min read
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  1. Channel: Dollar/Value

CNBC: Dollar General Shareholders Vote in Favor of Worker Safety Audit

Dollar General shareholders reportedly voted to pass a resolution that calls for the creation of an independent audit into worker safety, according to CNBC. The proposal, which was filed by Domini Impact Investments, asked the Dollar General board to commission an audit looking into the retailer’s worker safety policies and practices. The proposal recommended that […]
2 min read
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  1. Channel: Dollar/Value

DG posts higher sales and earnings

GOODLETTSVILLE, Tenn. – Dollar General Corp. today said net sales increased 6.8% in its first quarter. Same-store sales were up 1.6%. Operating profit declined slightly, to $740.9 million, and diluted earnings per share declined 2.9% to $2.34 as the retailer confronted a macroeconomic environment that was “more challenging than expected,” according to Jeff Owen, Dollar […]
3 min read
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  1. Channel: Dollar/Value

Dollar General Workers Push For Safer Working Conditions

While Dollar General is opening stores at an extraordinary pace, at the rate of about 1,000 a year, there seems toi be growing discontent within its workforce. CNN reports this morning that “following repeated violent incidents and federal workplace safety violations at stores, some Dollar General workers and labor advocates are calling for stronger safety […]
2 min read
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  1. Channel: Dollar/Value

Aldi UK teams with Polytag to gain access to real-time packaging lifecycle information

Aldi UK has partnered with recycling technology company Polytag. It will trial the deployment of Polytag’s invisible UV tags onto its packaging, starting from July. With the company’s unique readers installed at the Biffa Teeside recycling centre, Aldi will get insights on the quantity of its packaging that is actually recycled and be able to […]
2 min read
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  1. Channel: Dollar/Value

Dollar Tree sees sales gain in first quarter

CHESAPEAKE, Va. — Dollar Tree Inc. continued to make progress in its first quarter ended April 29, reporting sales gains and more transactions in its stores. But earnings were hurt by increased shrink and a shift in consumer spending to less profitable merchandise. “Our initiatives to drive customer traffic and increase store productivity are having […]
3 min read
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  1. Channel: Dollar/Value

Retail Media Update: Kroger to Add Screens at 500 Stores, Walmart Names New Tech Partners and Save Mart Joins the Mix

The growth of retail media shows no sign of slowing, as established players announce new expansions and new retailers, most recently Save Mart, enter the mix. In the latest developments, Kroger is looking beyond its websites with plans to expand in-store advertising opportunities, and Walmart is teaming up with more tech partners to help brands […]
3 min read
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  1. Channel: Dollar/Value

Dollar General Promotes Steve Deckard to Newly Created Executive Vice President, Growth and Emerging Markets Role

GOODLETTSVILLE, Tenn.–(BUSINESS WIRE)–Dollar General Corporation (NYSE: DG) announced Steve Deckard has been named executive vice president, growth and emerging markets effective June 1, 2023. Deckard, who most recently served as senior vice president of emerging markets and led the company’s international expansion into Mexico, began his DG career in 2006 as a regional director. “Over […]
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  1. Channel: Dollar/Value

Retail TouchPoints Reveals Latest 40 Under 40 Award Winners

Retail TouchPoints and Design:Retail have unveiled the 2023 winners of the annual 40 Under 40 Awards, representing a dynamic and diverse class of executives who have contributed to industry progress.   The 40 Under 40 Awards have evolved to spotlight the personal and professional accomplishments of executives across the retail industry — from store design to CX […]
3 min read
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  1. Channel: Dollar/Value

Target Leapfrogs Walmart For Upscale Grocery Approach

Bloomberg has a story about how “a slew of retailers are beefing up their grocery investments to lure in consumers cutting back on non-essentials like clothing and electronics. But as they lay out plans to improve their food offerings and supply chains, the big question is how does one compete with the mighty Walmart Inc. on […]
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  1. Channel: Dollar/Value

Circana reveals 2022 New Product Pacesetters

CHICAGO – Circana, formerly IRI and The NPD Group, has released its 2022 New Product Pacesetters, the 28th annual report revealing the top new product launches across food and beverage and nonfood sectors. The report illustrates the enduring power of CPG innovation, revealing that consumer spending on new product offerings remained elevated last year despite challenges […]
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  1. Channel: Dollar/Value

Walmart Upgrades Its Digital Ad Network

From Advertising Age: “Walmart Connect, which has made huge gains in recent years through digital advertising, is testing ways to bolster in-store pieces of its retail media network. “For the first time, Walmart Connect is selling ads on its revamped in-store radio network and integrating sampling programs with online offerings. While aspects of Walmart Connect’s […]
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  1. Channel: Dollar/Value

Giant Eagle launches in-house retail media network Leap

The platform leverages the chain’s loyalty program, bringing personalized ads to shoppers in-store, in-app, on social media and elsewhere, said Damian Scott, who heads up the grocer’s retail media and front-end digital operations. Dive Brief: Giant Eagle announced on Wednesday the debut of Leap Media Group, an in-house retail media arm that leverages the regional […]
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