Channel: Dollar/Value

Articles about the Dollar/Value channel.

  1. Channel: Dollar/Value

Dollar Tree To Close 1,000 Stores

Dollar Tree said yesterday that it will close 1,000 stores – most of them Family Dollar units – over the next few years, a decision that Axios describes as “a reversal of the retailer’s rapid expansion, which included its 2015 acquisition of Family Dollar.” Six hundred Family Dollar stores are slated to close before the […]
2 min read
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  1. Channel: Dollar/Value

Your Views:  Essential Lessons

MNB reader Karl Graff emailed me about yesterday’s story concerning the staff of a Wisconsin Dollar General store that quit en masse, and my comment that “dollar stores in general have a reputation for cutting corners wherever and whenever possible, with low staffing levels that put enormous stress on the folks who do work there.  […]
3 min read
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  1. Channel: Dollar/Value

Long-Term Theme: Instacart Deep Dive

Alternative data can help investors increase conviction around unit economics, competition, and strategic initiatives for their long term holdings. Our Instacart (CART) research is a perfect example of differentiated granularity into fees, competition and SNAP benefit usage on the platform. Average Discount as % of AOV (pre-discount) Average Fees as % of AOV (pre-discount) Our […]
2 min read
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  1. Channel: Dollar/Value

Family Dollar to close nearly 1,000 stores

CHESAPEAKE, Va.— The Family Dollar discount chain said Wednesday that it will close around 1,000 stores. The announcement came as the chain’s parent company, Dollar Tree, announced its fourth-quarter fiscal results for 2023. The chain said it will close 600 locations this year and 370 stores over the next several years as store leases expire. […]
3 min read
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  1. Channel: Dollar/Value

Staff At Wisconsin Dollar General Quits En Masse

NBC News reports that shoppers who recently showed up at a Dollar General store in Mineral Point, Wisconsin, found the store closed and two signs on the door: “The store is CLOSED. The whole team has walked away due to a lack of appreciation, being overworked and being underpaid.” And: “We QUIT! Thank you to […]
2 min read
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  1. Channel: Dollar/Value

Your Views:  Perception Shift

I talked this week about how Jon Jenkins of AWS made the point during the NGA technology Summit that retailers should not compare smart carts to more traditional carts in terms of cost;  instead, he suggested, they should be thought of a self-checkout systems being used throughout the store, taking pressure off the front end. […]
2 min read
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  1. Channel: Dollar/Value

Dollar Tree to Close 600 Family Dollar Stores by August, Another 400 as Leases Expire

Dollar Tree Inc. will shutter approximately 600 Family Dollar stores in the first half of its 2024 fiscal year, which began Feb. 4, 2024. The discount retailer also plans to close an additional 370 Family Dollar stores and 30 Dollar Tree locations over the next several years as each store’s current lease expires. The retailer […]
2 min read
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  1. Channel: Dollar/Value

Aldi announces another staff pay rise

Aldi is raising pay for store colleagues for the second time this year. Its new national minimum rate of £12.40 an hour for store assistants and deputy store managers is the highest level of entry pay ever to be paid by a British supermarket. The… This story continues at Aldi announces another staff pay rise […]
< 1 min read
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  1. Channel: Dollar/Value

Where does ‘British made’ factor in grocery shoppers’ food preferences

Sainsbury’s recently introduced a ‘Best of British’ page on its website, a move mirroring other grocers such as Morrisons and Aldi, in an effort to promote British-grown and produced goods. Consumer data from YouGov Profiles, which sheds light on what grocery shoppers look out for… This story continues at Where does ‘British made’ factor in […]
< 1 min read
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  1. Channel: Dollar/Value

Recycling technology firm Polytag builds on Ocado Retail, Aldi, Co-op tie-ups with Series A funding round

Polytag has secured Series A seed funding for its mission to transform the recycling industry across the UK and Europe. The undisclosed investment builds on partnerships with major UK retailers, including Ocado Retail, Aldi, and Co-op. Polytag’s technology offers real-time visibility and insights into single-use packaging throughout its lifecycle. Using its QR codes and Invisible […]
2 min read
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  1. Channel: Dollar/Value

Lidl Names New Chief Commercial Officer and First-Ever Chief Customer Exec

Discount supermarket retailer Lidl U.S. has named four executives with extensive retail experience to top posts, including naming Frank Kerr as the company’s first-ever Chief Customer Officer. Kerr is returning for a second stint at Lidl U.S., where he was one of the first 50 employees, and he’ll be responsible for driving a holistic customer […]
< 1 min read
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  1. Channel: Dollar/Value

Family Dollar Teams with Ibotta for Enhanced Digital Offers

CHESAPEAKE, Va.–(BUSINESS WIRE)–Family Dollar (Dollar Tree, Inc., NASDAQ: DLTR) has joined the Ibotta Performance Network (IPN), the first digital network that delivers coordinated promotions across retailer platforms, large third-party publisher sites and Ibotta’s leading direct-to-consumer properties. The collaboration aims to advance Family Dollar’s digital engagement and customer experience to drive more value and loyalty among […]
< 1 min read
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  1. Channel: Dollar/Value

Aldi Plans to Add 800 New U.S. Stores by 2028

Discount grocer Aldi will invest more than $9 billion over the next five years on its national expansion plan, which includes adding 800 stores to its U.S. fleet by the end of 2028. To reach that number, the value-priced retailer will use a combination of new store openings and conversions of stores purchased as part […]
2 min read
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  1. Channel: Dollar/Value

ALDI plans to add 800 stores by the end of 2028

BATAVIA, Ill. — ALDI, already known for its rapid growth, has unveiled plans to increase its store count by 800 locations across the country by the end of 2028. This ambitious five-year strategy involves opening new stores and converting existing ones, aiming to offer communities top-quality products at unbeatably low prices, at a time when […]
2 min read
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  1. Channel: Dollar/Value

Nick Beighton heads to RTS 2024: check out RTIH’s biggest retail technology articles on LinkedIn this week

We’re big fans of LinkedIn and are busy building an amazing community of retail tech enthusiasts on the social media platform. As we close on 15,000 followers, these are the articles that are currently on their radars, including Klarna, Boots, Matalan, InPost UK, Aldi, Jisp, EE, Co-op, TalkShopLIve, Superdrug, and Gophr. Amazon Just Walk Out […]
7 min read
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  1. Channel: Dollar/Value

Dollar General is Selling a Lot of Food

When you open your 20,000th store you are executing relevant brand messaging and at Dollar General were talking more and more about a lot of food according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions®. Steve Deckard, Dollar General’s executive vice president of store operations and development, stated, “Today marks an incredible […]
3 min read
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  1. Channel: Dollar/Value

Amazon tops expectations for revenue, earnings

SEATTLE – Amazon posted better-than-expected revenue and earnings in the quarter ended March 31. Net sales increased 13% from a year earlier to $143.3 billion. The company reported first-quarter net income of $10.4 billion, or 98 cents a diluted share, compared to $3.2 billion a year earlier. Amazon’s operating income surged to $15.3 billion, up […]
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