Channel: Dollar/Value

Articles about the Dollar/Value channel.

  1. Channel: Dollar/Value

Dollar Tree posts gains in sales and profits

Dollar Tree reported a 6.5 percent sales gain in the first quarter and the chain’s earnings rose to $2.37 a share, up from $1.60 a year ago. “During the quarter, the Dollar Tree team successfully completed its conversion to the $1.25 price point, contributing to both sales and margin improvements,” CEO Michael Witynski said.
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  1. Channel: Dollar/Value

Dollar General post strong sales gains in first quarter

GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported net sales of $8.8 billion for its fiscal year 2022 first quarter, an increase of 4.2% over the prior-year period. The net sales increase was primarily driven by positive sales contributions from new stores, partially offset by a slight decline in same-store sales and the impact of […]
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  1. Channel: Dollar/Value

Dollar Tree’s Q1 earnings beat expectations

CHESAPEAKE, Va.— Dollar Tree reported a 43.2% increase in net income, to $536.4 million for the first quarter ended April 30. Diluted earnings per share for the quarter increased 48.1% to a first-quarter company record $2.37, compared to $1.60 in the prior year’s quarter, the company said Thursday. Consolidated net sales increased 6.5% to $6.90 […]
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  1. Channel: Dollar/Value

Dollar Tree, Inc. Reports Results for the First Quarter Fiscal 2022

CHESAPEAKE, Va.–(BUSINESS WIRE)–Dollar Tree, Inc. (NASDAQ: DLTR) today reported financial results for its first quarter ended April 30, 2022. “The team delivered a solid start to the year – with a 6.5% top-line sales expansion, a 19.2% lift to gross profit, and a 48.1% increase to earnings per share. During the quarter, the Dollar Tree […]
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  1. Channel: Dollar/Value

Survey:  Trader Joe’s, H-E-B, Wegmans, Amazon Get High Marks For Reputations

Axios and the Harris Poll are out with a new survey in which they identify the most visible brands in America and gauge their reputations, ranking them from “excellent to “very poor.” The top nine, all rated as “excellent,” are, in order … Trader Joe’s, H-E-B, Patagonia, Hershey, Wegmans, Samsung, Toyota, Amazon, and Honda. Among […]
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  1. Channel: Dollar/Value

Overcoming D-to-C Obstacles for Success

Direct-to-consumer (D-to-C) strategies are very effective across different brands and companies. And yet, to find long-term success, these stakeholders must be aware of the many obstacles and how to overcome them. What is D-to-C? In this rapidly evolving market where e-commerce has significantly changed consumer buying habits, many have turned to D-to-C strategies. Instead of […]
3 min read
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  1. Channel: Dollar/Value

Flanigan and Gatta join Dollar Tree’s leadership

CHESAPEAKE, Va. — Dollar Tree Inc. has added two members to its leadership team, naming John Flanigan chief supply chain officer and Larry Gatta chief merchandising officer for its Family Dollar banner. Both Flanigan and Gatta spent time at Dollar General Corp. during the tenure of Rick Dreiling, the former Dollar General chief executive who […]
2 min read
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  1. Channel: Dollar/Value

Family Dollar To Permanently Close Rat-Infested Warehouse

Family Dollar announced this week that it is closing down the West Memphis, Arkansas, warehouse that was discovered earlier this year to have a massive rodent infestation, which prompted a recall of items that were held there and might have been contaminated.  However, the company maintained that the closure was not related to the Food […]
2 min read
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  1. Channel: Dollar/Value

Newsweek Most Trusted Grocers List Dominated By Walmart

Newsweek is out with a list, generated by BrandSpark International, of the “most trusted grocery stores as voted by American shoppers. BrandSpark surveyed 3200 Americans to capture their real opinions of what grocery store brands they trust the most.” The national top four:  Walmart, Kroger, Aldi, and Meijer. The northeast top four:  ShopRite, Walmart, Aldi, […]
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  1. Channel: Dollar/Value

Top 100 Retail Technology Influencers List interview: Brittain Ladd

As part of a series of interviews with those who made it on to the RTIH Top 100 Retail Technology Influencers List, we discuss rapid grocery delivery services and why the metaverse is a game changer with Brittain Ladd, a former Amazon exec and supply chain consultant. RTIH: What does recognition as a retail tech […]
3 min read
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  1. Channel: Dollar/Value

Dollar Tree adds two to leadership team

CHESAPEAKE, Va. — Dollar Tree has made two key additions to its leadership team, naming John Flanigan chief supply chain officer and Larry Gatta chief merchandising officer for the Family Dollar banner. “Driving supply chain efficiencies and improving the operating performance of our Family Dollar banner are important elements to long-term value creation for our […]
3 min read
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  1. Channel: Dollar/Value

Aldi Success In the U.S. Continues

  Regular readers of this blog know that Aldi is a no-frills German discount grocery chain that operates at the intersection of low price, high quality, and food discovery according to Steven Johnson, Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. The leaders of Aldi like to say: “Poor people must save rich people like too” […]
3 min read
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  1. Channel: Dollar/Value

Retail copycat central – what can we learn?

Copycat central – what can we learn from the plethora of supermarket copycat cases? Following the high-profile legal action by Marks & Spencer (M&S) against German supermarket Aldi over its Colin the Caterpillar cake, the subsequent 12 months have seen a plethora of other copycat product cases being issued at court involving both retailers (as […]
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  1. Channel: Dollar/Value

Spotlight on Sevenoaks as Amazon Fresh UK stores move outside London

It’s official! Sevenoaks in Kent will host the UK’s first Amazon Fresh checkout-free store outside of London. Yesterday, we reported on rumours that this would be situated in the former Baby Gap outlet in Bligh’s Meadow. Council planning documents, we noted, showed that permission had been granted for both interior and exterior work on the […]
3 min read
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  1. Channel: Dollar/Value

Tops Market Invests In Its Future

From the Buffalo News: “Four years after emerging from bankruptcy, Tops Markets is staging a comeback. “Tops is spending $120 million over four years to update many of its stores in the Buffalo market, where the Amherst-based grocer originated 60 years ago. “It’s a sign of better times for the once debt-strapped company that for […]
2 min read
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  1. Channel: Dollar/Value

Sevenoaks picked for first Amazon Fresh store outside London

Sevenoaks in Kent looks set to host the UK’s first Amazon Fresh checkout-free store outside of London. According to KentOnline, this will be situated in the former Baby Gap outlet in Bligh’s Meadow. While official details are scarce, and Amazon did not respond to our request for comment, council planning documents show that permission has […]
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  1. Channel: Dollar/Value

New Jersey Is First State To Ban Both Paper, Plastic Single Use Bags

Bloomberg reports that New Jersey is the first state “to ban both plastic and paper bags,” which leaves “companies and shoppers to find creative workarounds to get their groceries home.” According to the story, “ShopRite, with more than 100 New Jersey stores, will charge a flat $1.50 per order for reusable bags. Instacart Inc., which […]
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  1. Channel: Dollar/Value

Dollar General Literacy Foundation makes $9.2M commitment

GOODLETTSVILLE, Tenn. — The Dollar General Literacy Foundation on Monday made an approximately $9.2 million commitment to support literacy. The financial commitment includes nearly $8.2 million in spring grants to support family, adult and summer literacy program across the country. Grant recipients will be announced on May 12 and a list of organizations selected for […]
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  1. Channel: Dollar/Value

Arkansas sues Family Dollar over ‘massive and long-lasting’ rodent infestation

The Arkansas attorney general is suing Family Dollar for what it describes as a “massive and long-lasting” rodent infestation at the retailer’s distribution center in West Memphis. The suit follows a Food and Drug Administration inspection that tied infestation at 400 stores to the DC.
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  1. Channel: Dollar/Value

Retail Technology Show review – Amazon Just Walk Out tech takes centre stage

Retailers are starting to redesign their entire store format now they do not need to include checkout tills due to Amazon’s Just Walk Out technology, an executive at the e-commerce giant has said. Max Gill, who leads Amazon’s checkout-free offshoot in the EMEA, said the company’s tech is allowing retailers to “play with space and […]
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  1. Channel: Dollar/Value

Dollar General post strong sales gains in first quarter

GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported net sales of $8.8 billion for its fiscal year 2022 first quarter, an increase of 4.2% over the prior-year period. The net sales increase was primarily driven by positive sales contributions from new stores, partially offset by a slight decline in same-store sales and the impact of […]
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  1. Channel: Dollar/Value

CVS to launch virtual primary care solution

WOONSOCKET, R.I. — CVS Health announced on Thursday the launch of CVS Health Virtual Primary Care, a new virtual care solution available through a single digital platform. The offering connects CVS Health’s services, clinical expertise, and data for a more coordinated and consumer-centric health care experience. The company said the new solution enables consumers to […]
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  1. Channel: Dollar/Value

22% Of Brands Are Unhappy With How They Allocate Their Retail Media Budget. But There’s a Better Way

Retail media networks (RMNs) are an exciting place to run ads, because of the valuable first-party data that retailers have about their customers. RMNs create an ability to target a specific retailer’s customers and provide valuable insights into how people shop. And brands certainly are not hurting for choices. Just last week, Ulta announced a media network and the hotel chain, Marriott, the week prior. 
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