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 […] MMR May 26, 2022May 26, 2022 3 min read Dollar GeneralOperations & Supply ChainShoppersResults & InvestmentEconomyExecutivesMarketing: In StoreTechnology & InnovationPredictions and ForecastsStore LocationSustainabilityDept. ApparelBrick and Mortar 0 Saving Bookmark this article Bookmarked 5
Channel: Dollar/Value 3 takeaways from Dollar General, Dollar Tree earnings that sent stocks soaring Dollar Tree and Dollar General boosted their outlook for the year, noting that shoppers squeezed by inflation will seek cheaper prices. CNBC May 26, 2022May 26, 2022 < 1 min read Dollar TreeDollar GeneralResults & InvestmentShoppersEconomy 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar stores raise their expectations in volatile environment Dollar General and Dollar Tree could benefit from customers seeking out low prices, but their own costs are rising and shoppers are focused on consumables for now. RetailDive May 26, 2022May 26, 2022 < 1 min read SustainabilityBrick and MortarShoppersDollar GeneralDollar Tree 0 Saving Bookmark this article Bookmarked
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 […] MMR May 23, 2022May 23, 2022 2 min read ExecutivesOperations & Supply ChainDollar GeneralDollar TreeFamily DollarDept. BeverageDept. NonfoodDept. GroceryStore FormatAlbertsons / SafewayBrick and MortarDept. PetConsumersAssociatesMerchandisingRite AidShoppersStore LocationEconomyTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree names chief supply chain officer, Family Dollar chief merchant John Flanigan, Larry Gatta join deep discount chain from rival Dollar General Supermarket News May 13, 2022May 13, 2022 < 1 min read Operations & Supply ChainFamily DollarExecutivesDollar TreeDollar General 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree taps former Dollar General execs for help with supply chain, merchandising The hires are the latest with experience at the dollar store’s faster-growing rival to join, along with new executive chair Richard Dreiling. RetailDive May 12, 2022May 12, 2022 < 1 min read ExecutivesOperations & Supply ChainMerchandisingDollar TreeDollar General 0 Saving Bookmark this article Bookmarked
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 […] MMR May 12, 2022May 12, 2022 3 min read Operations & Supply ChainDollar TreeExecutivesDollar GeneralFamily DollarStore FormatDept. BeverageDept. NonfoodBrick and MortarMerchandisingDept. GroceryAlbertsons / SafewayAssociatesConsumersData & InsightsShoppersDept. PetEconomyRite AidStore LocationTechnology & Innovation 0 Saving Bookmark this article Bookmarked
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 […] MMR May 2, 2022May 2, 2022 2 min read Dollar GeneralTechnology & InnovationResults & InvestmentMarketing: SocialMarketing: In StoreMarketing: BrandExecutivesDept. NonfoodAssociates 0 Saving Bookmark this article Bookmarked
Shopper & Customer ChaseDesign survey: Shoppers want to return to stores SYRACUSE, N.Y. – A vast majority of consumers, 85%, will do more in-store shopping in 2022 than last year, according to new research from ChaseDesign. Factors driving this return to physical locations include having the simple ability to choose products in person, seeing what’s new, and taking advantage of the store staff’s expertise. At the […] MMR April 22, 2022April 22, 2022 2 min read ShoppersBrick and MortarThick DataTechnology & InnovationMarketing: In StoreTech: CashierlessTargetWalmartMerchandisingConsumersOmnichannelInclusivityGooglePricing & PromotionsBOPISKrogerCustomer ExperienceDollar GeneralTech: AR and VRDeliveryData & InsightsCostcoResults & InvestmentAssociates 0 Saving Bookmark this article Bookmarked
Corporate Strategy Your Views: Play Ball Got the following email from an MNB reader about our continuing coverage and commentary about labor issues facing retailers: The dynamics in today’s labor world are certainly interesting, especially the unionization movement. Along with that is the focus on CEO compensation, specifically how it dwarfs basic employee compensation. In the CNBC piece you mentioned, the […] MorningNewsBeat April 20, 2022April 20, 2022 5 min read ExecutivesPepsiCoAssociatesHoliday & EventsAhold DelhaizeDollar GeneralTikTokPodcastsMarketing: SocialCostcoAmazon 0 Saving Bookmark this article Bookmarked
Associates & Employees Dollar General introduces no-cost degree program for employees Employees and their families also will have access to general education courses. RetailDive April 20, 2022April 20, 2022 < 1 min read AssociatesDollar General 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Sansolo Speaks: Better The Second Time Around by Michael Sansolo Building any kind of business success is incredibly hard, so I cannot imagine the challenge of doing it twice. That’s especially true when, the second time around, it is critical for leadership to abandon, or at minimum, greatly change, the things that made their original business successful. The hardest thing is knowing […] MorningNewsBeat April 19, 2022April 19, 2022 3 min read AmazonExecutivesCompetitionInstacartOcadoOperations & Supply ChainCostcoDeliveryDept. FuelDollar GeneralBrick and MortarPredictions and ForecastsShoppersTechnology & InnovationKrogerWalmart 0 Saving Bookmark this article Bookmarked
Media & Marketing Dollar General store manager gets fired after TikTok videos go viral Dollar General recognized Mary Gundel as being in the top five percent of the chain’s store managers. Ms. Gundel, loved her job, but had some real issues with the working conditions she faced such as staff shortages, unscheduled deliveries and other issues. She critiqued what is was like to be working as a store manager […] RetailWire April 18, 2022April 18, 2022 < 1 min read TikTokMarketing: SocialDollar GeneralAssociates 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value From Role Model To Dissident, A Dollar General Employee Launches A Movement There is a terrific story in the New York Times this morning about how a Dollar General store manager went from being one of its top employees to a fired dissident who now is “trying to build what she calls a ‘movement’ of workers who feel overworked and disrespected and is encouraging Dollar General employees […] MorningNewsBeat April 18, 2022April 18, 2022 3 min read Dollar GeneralAssociatesShoppersTikTokMarketing: SocialExecutivesBrick and MortarCustomer ExperienceCustomer ExperienceRestaurantsDeliveryDept. Nonfood 0 Saving Bookmark this article Bookmarked
Channel: Grocery Customer satisfaction is basically unchanged ANN ARBOR, Mich. — Customer satisfaction with retail is relatively stable, according to the American Customer Satisfaction Index’s 2021-2022 ranking. The Retail Trade sector as a whole saw its score dip just 0.5% to 75.1 (out of 100). “Cool stability,” says ACSI managing director David VanAmburg. “That’s the best way to describe the retail sector […] MMR March 21, 2022March 21, 2022 2 min read ShoppersBrick and MortarWalmartDept. FuelAlbertsons / SafewayBJ’s Wholesale ClubCostcoWegmansWalgreensTrader JoesSoutheastern GrocersKrogerPublixTargetSave A LotRite AidEconomyOperations & Supply ChainHEBDollar GeneralDeliveryCVSCOVID19ConsumersBig LotsAldi 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dreiling appointed to top post on Dollar Tree board CHESAPEAKE, Va. — Dollar Tree Inc. has shaken up its board of directors, naming Rick Dreiling, former chief executive officer of Dollar General Corp., executive chairman and adding Paul Hilal, CEO of private equity firm Mantle Ridge LP, as vice chair along with five other new directors. Former chairman and CEO Bob Sasser and five […] MMR March 21, 2022March 21, 2022 2 min read Dollar TreeExecutivesSustainabilityFamily DollarAcquisitionResults & InvestmentDollar GeneralBrick and MortarESG and CSRStrategyConsulting 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General bulks up on perishables in Q4 as overall comps wilt Sales penetration across the discount retailer’s frozen and refrigerated categories has grown to 9%, driven by its DG Fresh self-distribution initiative. Grocery Dive March 18, 2022March 18, 2022 < 1 min read Dollar GeneralDept. RefrigeratedOperations & Supply ChainDept. Fresh 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General expects to pick up customers as prices rise Dollar General is forecasting a sales increase of about 10 percent this year and a jump in profits of between 12 and 14 percent. The retailers expects that inflation will lead more consumers to shop in its stores. Rival Dollar Tree recently increased its top price from $1 to $1.25, but Dollar General has not […] RetailWire March 18, 2022March 18, 2022 < 1 min read Dollar GeneralConsumersEconomyDollar TreeBrick and Mortar 0 Saving Bookmark this article Bookmarked
Trends & External Forces Dollar General posts net sales gain in Q4 GOODLETTSVILLE, Tenn. — Dollar General Corp. Dollar General reported a net sales gain of 2.8% for the fourth quarter, and said on Thursday that it expects sales to increase by 10% in the current fiscal year. “We are pleased with our fourth quarter and fiscal year results, and I want to thank our associates for […] MMR March 17, 2022March 17, 2022 4 min read Dollar GeneralCOVID19ShoppersResults & InvestmentOperations & Supply ChainAssociatesEconomyExecutivesStore LocationInternationalBrick and MortarDept. ApparelSustainabilityWeatherDept. FreshHealth & WellnessPredictions and ForecastsTrends: Retail 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Unfazed by comp declines, Dollar General eyes deeper expansion The discounter plans more than 1,100 new stores this year and aims to triple its stand-alone Popshelf stores. RetailDive March 17, 2022March 17, 2022 < 1 min read Dollar GeneralBrick and Mortar 0 Saving Bookmark this article Bookmarked
Department & Category Ziscuit Helps Retailers Better Serve The Under-Served The Kitchn has a piece about “Ziscuit, a Black-founded startup, gives its users the opportunity to enter their grocery list online and find the cheapest total for their bill. Aimed largely at food desert areas, Ziscuit uses the same search engine technology as Honey, Kayak, or The Zebra to give its users big savings and deals […] MorningNewsBeat March 14, 2022March 14, 2022 < 1 min read Dept. GroceryDept. FuelBrick and MortarPricing & PromotionsWalmartTechnology & InnovationShoppersPublixMarketing: TradeEconomyDollar GeneralData & InsightsAhold Delhaize 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General Debuts New Financial Services Portfolio Dollar General yesterday announced what it called “a series of new financial services aimed at increasing access to banking options and providing additional customer payment alternatives.” Among the offerings introduced is the “spendwell Financial Service,” described as “an innovative, new bank account that provides customers with additional convenience to access and manage personal finances … […] MorningNewsBeat March 10, 2022March 10, 2022 2 min read Dollar GeneralResults & InvestmentShoppersBrick and MortarEconomyTrends: FinancePartnershipsBNPLTechnology & InnovationFamily Dollar 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar Tree taps Rick Dreiling as executive chairman in board revamp Ex-Dollar General CEO to take over board leadership from retiring Bob Sasser Supermarket News March 8, 2022March 8, 2022 < 1 min read ExecutivesDollar TreeDollar General 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar Tree shakes up board under pressure from activist investor Former Dollar General CEO Richard Drilling was named executive chairman of Dollar Tree’s board as part of a deal reached with the activist investor, Mantle Ridge. The firm’s founder, Paul Hilal, was also named to the board along with five independent directors. RetailWire March 8, 2022March 8, 2022 < 1 min read Dollar TreeExecutivesDollar General 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Bending to activist pressure, Dollar Tree revamps board Former Dollar General CEO Richard Dreiling is set to take over the board chair role following the departure of longtime leader Bob Sasser. RetailDive March 8, 2022March 8, 2022 < 1 min read Dollar TreeExecutivesDollar General 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General plans to add 10K jobs in 2022 The planned 6% increase to its workforce comes at a time when retailers are adding jobs at a brisk clip against a backdrop of low unemployment. RetailDive March 7, 2022March 7, 2022 < 1 min read Dollar GeneralAssociates 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General opens first Idaho store GOODLETTSVILLE, Tenn. — Dollar General opened its first store in Idaho on Saturday, increasing its presence to 47 states. The store is located at 30601 N. Old Highway 95 in Athol, Idaho. Dollar General donated $10,000 and 100 new books to Athol Elementary School at the grand opening festivities of the company’s first Idaho store. […] MMR March 7, 2022March 7, 2022 2 min read Dollar GeneralPredictions and ForecastsOperations & Supply ChainMarketing: SocialExecutivesAssociates 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General Opens First Store in Idaho GOODLETTSVILLE, Tenn.–(BUSINESS WIRE)–Dollar General opens first store in Idaho BusinessWire - Retail March 5, 2022March 9, 2022 < 1 min read Dollar General 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value DG plans to launch another 10,000 careers GOODLETTSVILLE, Tenn. — Dollar General Corp. said Friday that it expects to create about 10,000 net new career opportunities in fiscal 2022 as it continues to grow. Dollar General recently announced the planned addition of 1,110 new stores, includes approximately 100 new pOpshelf store locations. The company also plans to add new traditional and DG […] MMR March 4, 2022March 4, 2022 2 min read Dollar GeneralAssociatesOperations & Supply ChainExecutivesInclusivityHealth & WellnessDept. FreshBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General Announces Plans to Create Approximately 10,000 Net New Careers in 2022 GOODLETTSVILLE, Tenn.–(BUSINESS WIRE)–Dollar General Announces Plans to Create Approximately 10,000 Net New Careers in 2022 BusinessWire - Supermarket March 4, 2022March 4, 2022 < 1 min read Dollar General 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Shopper & Customer How to create the best delivery experience: 3 key factors As more consumers go online for their purchases, good delivery has become more important than ever. Find out how to step up your delivery game. Written by Future of Commerce May 27, 2022May 27, 2022 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Channel: Dollar/Value Corporate Strategy Corporate Finance Department: Consumer Durables Media & Marketing Shopper & Customer Technology & Innovation Trends & External Forces Operations & Supply Chain Stores & Formats 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 […] Written by MMR May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked
Data & Insights Corporate Strategy Department: HBC Media & Marketing Data & Insights Shopper & Customer Trends & External Forces Merchandising 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 […] Written by MMR May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked
Retailer Media Corporate Strategy Media & Marketing Retailer Media Data & Insights 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. Written by Bobsled Marketing May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked
Corporate Finance Retail Earnings Confuse Rather than Clarify Earnings, and retail earnings in particular, are not as straightforward as they sometimes seem. Written by NASDAQ May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked