1. Corporate Strategy

Dollar General to eliminate ‘vast majority’ of self-checkout, reduce new store openings

Written by Posted on Less than 0 min read

Despite a 6% Q1 net sales rise and performance that beat analyst expectations, shrink remains a significant headwind, CEO says.

View Original Article
Member since
Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and app cover topics such as the future of brick-and-mortar, retail technology, e-commerce, marketing, payment technology, in-store operations, omnichannel shopper journey, and more. Retail Dive is a leading industry publication operated by Industry Dive. Our business journalists spark ideas and shape agendas for 7+ million decision makers in the most competitive industries. https://www.retaildive.com/
Do you like RetailDive's articles? Follow on social!

More from RetailDive

  1. Department: Nonfood

Target launches private label toy brand

The retailer’s Gigglescape assortment will include stuffed animals, books and games priced at $20 or less. View Original Article Dept. Nonfood Dept. Toys & Games Merchandising Owned Brands (Private Label) Target RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends […]
< 1 min read
0
  1. Technology & Innovation

Purple Innovation posted 33.1% growth in wholesale, while DTC stayed flat in Q1

The sleep brand is targeting five areas of improvement as softness in the home furnishings industry persists. View Original Article Dept. Nonfood Technology & Innovation RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, […]
< 1 min read
0
  1. Retail Ecosystem

The RealReal CFO to step down

​[[“value”:” Dive Brief Still in its quest for profitability, and amid financial struggles, Robert Julian is leaving the position after two years with the company. Published Oct. 4, 2023 The RealReal store location in Melrose, Los Angeles. Earlier this year, the company announced it would shutter its San Francisco, Chicago, Atlanta and Austin, Texas, locations. Cara Salpini/Retail […]
< 1 min read
0
  1. Uncategorized

Over half of Gen Alpha watch shopping content: report

Many kids get ideas about new products and brands by watching haul and unboxing videos, according to a report by Morning Consult.  View Original Article RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, […]
< 1 min read
0
  1. Trends & External Forces

Quip launches vitamin-enhanced mints

​[[“value”:”The new product builds out the portfolio of the DTC oral healthcare brand, which became known for its toothbrushes.”]]  View Original Article Health & Wellness RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, […]
< 1 min read
0
  1. Trends & External Forces

DOL overtime expansion ‘unlawful,’ business groups argue

The plaintiffs, including the National Retail Federation, filed a lawsuit in the same court that enjoined an Obama-era overtime rule, saying “the Department has done it again.” View Original Article Legal & Criminal RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and […]
< 1 min read
0
  1. Partnerships & Alt Profit

5 ways to make your new store opening more efficient

​[[“value”:” It’s an encouraging time when a brand is thriving and is able to open additional locations. In the first six months of 2023, U.S. retailers announced plans to open about 3,420 new stores, according to The Daily on Retail. While new store openings are exciting, they can also bring a lot of stress to […]
3 min read
0
  1. International

Babies R Us to expand into Mexico

Its first store in the region is set to open in the second half of the year, followed by a flagship e-commerce platform and additional stores. View Original Article Brick and Mortar International - North America Flagship Stores RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight […]
< 1 min read
0
  1. Channel: Mass

Saalt launches underwear collection at Target

The menstrual care brand is bringing its Comfort Collection period underwear to the mass retailer at a cheaper price than its own direct-to-consumer website. View Original Article Consumers Target Unilever RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping […]
< 1 min read
0
  1. Stores & Formats

Kohl’s opens downtown Milwaukee location

​[[“value”:”It is one of five new stores the retailer is planning on opening across the country this fall. “]]  View Original Article Brick and Mortar Store Location Strategy RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily […]
< 1 min read
0
  1. Department: Consumer Durables

Allbirds looks to sports veterans for chief marketing, design roles

Kelly Olmstead, who joined the brand last year, has been promoted to chief marketer, while Adrian Nyman takes on the new design position. View Original Article Dept. Apparel RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily […]
< 1 min read
0
  1. Partnerships & Alt Profit

Youthforia expands its partnership with Ulta

The brand’s Date Night Skin Tint Serum Foundation is available in over 500 Ulta stores, while the BYO Blush is sold in all of the beauty retailer’s locations. View Original Article Brick and Mortar Dept. HBC Partnerships RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the […]
< 1 min read
0
  1. Corporate Strategy

GameStop posts first quarterly profit in two years

CEO Matt Furlong said the company will continue cost cutting and cost containment to help sustain profitability. View Original Article Editor's Choice Executives RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and […]
< 1 min read
0
  1. Technology & Innovation

Neiman Marcus Group hires new brand, retail chiefs

The luxury retailer made the newly created roles as part of its “Revolutionize Luxury Experiences” growth strategy to invest in technology and stores.  View Original Article Brick and Mortar Strategy Technology & Innovation RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news […]
< 1 min read
0
  1. Retail Ecosystem

Lizzo’s Yitty enters resale with ThredUp

The inclusive shapewear label is a sister brand to Fabletics, which started working with ThredUp in July 2021. View Original Article Inclusivity Recommerce RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping retail. The daily email newsletter, website, and […]
< 1 min read
0
  1. Data & Insights

Klarna adds AI-driven shopping lens to app

​[[“value”:” Dive Brief The tool, which lets users search for items based on a photo, comes amid a slew of new features. Published Oct. 16, 2023 A person using the Klarna app. As part of its new features, shoppers can use photos to find customer reviews, different colors and variants of an item available online, and […]
< 1 min read
0
  1. Corporate Strategy

Nike addresses flaws in DTC strategy as Q3 revenues come in flat

CEO John Donahoe said the sportswear brand “is not performing at our potential” and needs to lean back into wholesale and product innovation. View Original Article Executives Strategy Technology & Innovation Dept. Apparel RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news […]
< 1 min read
0
  1. Stores & Formats

Foot Locker veteran Andy Gray named president of Journeys Group

​[[“value”:” Dive Brief Journeys Group, which is parent company Genesco’s largest business, is undergoing efforts to move some stores off-mall. Published Nov. 28, 2023 A Journeys storefront. The footwear retailer is looking to open more off-mall stores through the next fiscal year. “Journeys” by Bentley Mall is licensed under CC BY 1.0 / Edited by […]
< 1 min read
0
  1. Channel: Home Improvement

Lowe’s to give $100M in bonuses to frontline workers

​Lowe’s on Tuesday reported net sales of $24.9 billion, down 9.1% year over year, and net earnings of $2.7 billion, a decrease of 10.6%. The retailer said that comparable sales fell 1.6% in Q2 but that Pro and online sales growth partially offset lower DIY discretionary demand. Operating income for Q2 fell to $3.9 billion […]
2 min read
0
  1. Corporate Strategy

Simon Property ownership in retailers could end in 5 to 10 years, CEO says

David Simon still sees growth potential in the retailers owned by the mall REIT, though that portfolio swung to a loss in Q1. View Original Article Executives Brick and Mortar RetailDive Member since November 25, 2020 Loading + Follow Following Retail Dive provides in-depth journalism and insight into the most impactful news and trends shaping […]
< 1 min read
0
Next