Channel: Dollar/Value Dollar General Plans Major Stores Investment The Wall Street Journal reports that Dollar General “plans to pour an additional $100 million into its stores, primarily in staffing levels, as it looks to attract more bargain-hunting shoppers from rivals. “Chief Executive Jeff Owen said Thursday the investment in additional labor hours looks to build on its continued sales growth and capture market […] MorningNewsBeat March 20, 2023March 20, 2023 < 1 min read Dollar GeneralBrick and MortarResults & InvestmentEconomyShoppersMerchandisingMarketing: In StoreLegal & CriminalExecutivesAssociates 0 Saving Bookmark this article Bookmarked
Associates & Employees Dollar General Commits $100M to Increasing Employee Hours as Labor Competition Continues Dollar General will invest nearly $100 million to increase labor hours for its more than 170,000 store employees in 2023 to enable “consistent store standards while further enhancing the associate and customer experience,” said CEO Jeffrey Owen on the company’s fiscal year 2022 earnings call. The move comes as retailers continue to struggle to attract […] Retail TouchPoints March 20, 2023March 20, 2023 2 min read AssociatesDollar GeneralOperations & Supply ChainCompetitionResults & InvestmentTargetWalmartKrogerExecutivesCustomer ExperienceDeliveryShoppersInstacartAmazonPop UpsInternational - North AmericaDollar TreeMerchandisingMarketing: In StoreHoliday & EventsHealth & Wellness 0 Saving Bookmark this article Bookmarked
Stores & Formats Dollar General to spend $100M on staffing and stores The retailer plans to sustain its store opening momentum, with more than 1,000 new locations planned this year. RetailDive March 18, 2023March 18, 2023 < 1 min read Dollar GeneralBrick and Mortar 0 Saving Bookmark this article Bookmarked
Stores & Formats Dollar General investing $100M in its stores, with a focus on boosting labor Dive Brief: Dollar General posted net sales of $10.2 billion during the fourth quarter of 2022, a figure that was up 17.9% compared with the same period in 2021, the discount retail chain reported Thursday. Comparable-store sales rose 5.7% year-over-year in Q4, while operating profit was up 17.1%. CEO Jeff Owen said Dollar General intends to invest about […] Grocery Dive March 17, 2023March 17, 2023 3 min read Dollar GeneralBrick and MortarAssociatesStore LocationResults & InvestmentEconomy 0 Saving Bookmark this article Bookmarked 4
Channel: Dollar/Value Dollar General says customers cut back on discretionary purchases Dollar General posted a 5.7 percent gain in same-store sales in the most recent quarter as its customers purchased everyday staples but reduced spending on discretionary purchases. RetailWire March 17, 2023March 17, 2023 < 1 min read Dollar General 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General’s Q4 results are cluttered Discount retailer reported a nice increase in consumable products, but non-consumables have turned into a problem Supermarket News March 16, 2023March 16, 2023 < 1 min read Dollar General 0 Saving Bookmark this article Bookmarked
Media & Marketing Dollar General sales strong, but miss estimates GOODLETTSVILLE, Tenn. — Dollar General Corp. reported strong sales for the fourth quarter and fiscal year (53 weeks) ended February 3, although store traffic was down and sales came in below expectations. Fourth quarter net sales increased 17.9%, and fiscal year net sales increased 10.6%. Same-store sales in the fourth quarter increased 5.7%, falling short […] MMR March 16, 2023March 16, 2023 3 min read Dollar GeneralResults & InvestmentShoppersAssociatesOperations & Supply ChainSustainabilityExecutivesBrick and MortarEconomyStore LocationReturnsDept. ApparelStrategyMarketing: In Store 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Winter storm Elliott slows Q4 growth for Dollar General Weather kept shoppers at home and damaged inventory late in 2022 Supermarket News March 11, 2023March 11, 2023 < 1 min read Dollar GeneralWeatherOperations & Supply ChainShoppers 0 Saving Bookmark this article Bookmarked
Stores & Formats Resistance To Dollar Stores Grows In Some Communities From the New York Times this morning: “Since 2019, at least 75 communities have voted down proposed dollar stores, while roughly 50 have enacted moratoriums or other broad limits on dollar store development, according to a new report by the Institute for Local Self-Reliance, an organization that is critical of corporate retailers and their impact […] MorningNewsBeat March 2, 2023March 5, 2023 3 min read Brick and MortarDollar GeneralAssociatesEconomyDept. GroceryDollar TreeWalmartThick DataRestaurantsSustainabilityTargetTechnology & InnovationPredictions and ForecastsFamily Dollar 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dreiling is new CEO at Dollar Tree CHESAPEAKE, Va. — Dollar Tree Inc., which is set to announce its fourth quarter results on March 1, is under new management. Executive chairman Rick Dreiling has taken on the additional role of chief executive officer. Mike Witynski, who has been in leadership positions at Dollar Tree since 2010 and served as CEO since 2020, […] MMR February 28, 2023February 28, 2023 2 min read ExecutivesDollar TreeAssociatesSustainabilityAcquisitionCOVID19Dept. FreshDollar GeneralFamily DollarInclusivityStrategy 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Specialty Retailers Make Progress In Customer Satisfaction Scores The American Customer Satisfaction Index’s (ACSI) Retail and Consumer Shipping Study 2022-2023 is out, reporting that “while overall customer satisfaction with the Retail Trade sector slips 0.5% to a score of 74.7 (out of 100),” significant ground has been gained by a number of retailers, especially those with a specialty focus. Some excerpts: • “Customer […] MorningNewsBeat February 23, 2023February 23, 2023 2 min read ShoppersWalmartCostcoTargetBJ’s Wholesale ClubWegmansWalgreensTrader JoesSoutheastern GrocersWhole FoodsOperations & Supply ChainAhold DelhaizeHEBPublixLowesKrogerAmazonGiant EagleAlbertsons / SafewayAldiBest BuyBig LotsChewyConsumersDeliveryDept. ApparelDollar GeneralDollar TreeHome Depot 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General’s Q4 results are below expectations GOODLETTSVILLE, Tenn. — Dollar General posted a 5.7% increase in same-store sales for the fourth quarter, according to preliminary results reported on Thursday. That is below the company’s previous expectation of an increase of about 6% to 7%. The company now expects diluted earnings per share for the fourth quarter in the range of $2.91 […] MMR February 23, 2023February 23, 2023 2 min read Dollar GeneralResults & InvestmentOperations & Supply ChainPredictions and Forecasts 0 Saving Bookmark this article Bookmarked
Stores & Formats Bricks-And-Mortar Store Growth To Triple This Year Axios reports on a new Coresight Research study saying that retailers plan to open three times as many physical stores in 2023 as they did in 2022. And a big driver of that bricks-and-mortar growth – price-driven formats: “The top six retailers opening stores in 2022 were dollar chains and discounters, including Dollar General, Family […] MorningNewsBeat February 13, 2023February 13, 2023 < 1 min read Brick and MortarShoppersTechnology & InnovationFamily DollarDollar TreeDollar GeneralCOVID19Aldi 0 Saving Bookmark this article Bookmarked
Trends & External Forces Albertsons Launches Health and Wellness Platform Across 16 Banners Albertsons has introduced the Sincerely Health platform, built in collaboration with healthcare providers, insurance and technology companies and using insights gathered from more than 10,000 customers and associates. The platform is accessible on the websites and apps of 16 of the supermarket giant’s banners, including Albertsons, Shaw’s, Safeway, Vons, Jewel-Osco, Acme and Tom Thumb. The […] Retail TouchPoints February 13, 2023February 13, 2023 2 min read Health & WellnessAlbertsons / SafewayShoppersAcquisitionWalgreensWalmartDept. PharmacyTechnology & InnovationAmazonCVSData & InsightsAssociatesMergersMarketing: Direct & PersonalizationDept. GroceryDept. NonfoodPricing & PromotionsDollar GeneralPredictions and ForecastsGoogleExecutives 0 Saving Bookmark this article Bookmarked
Trends & External Forces Albertsons Launches Health and Wellness Platform Across 16 Banners Albertsons has introduced the Sincerely Health platform, built in collaboration with healthcare providers, insurance and technology companies and using insights gathered from more than 10,000 customers and associates. The platform is accessible on the websites and apps of 16 of the supermarket giant’s banners, including Albertsons, Shaw’s, Safeway, Vons, Jewel-Osco, Acme and Tom Thumb. The […] Retail TouchPoints February 10, 2023February 17, 2023 2 min read Health & WellnessAlbertsons / SafewayShoppersAcquisitionWalgreensWalmartDept. PharmacyTechnology & InnovationAmazonCVSData & InsightsAssociatesMergersMarketing: Direct & PersonalizationDept. GroceryDept. NonfoodPricing & PromotionsDollar GeneralPredictions and ForecastsGoogleExecutives 0 Saving Bookmark this article Bookmarked
Stores & Formats Dollar stores vie for greater share of the grocery market Dollar stores have increased their emphasis on consumables in recent years, and consumers looking to stretch their food dollars are increasingly shopping at Dollar General and Family Dollar. More than 20 percent of consumers currently buy groceries in dollar stores, according to Foresight. RetailWire February 6, 2023February 6, 2023 < 1 min read Brick and MortarConsumersFamily DollarDollar GeneralDept. Grocery 0 Saving Bookmark this article Bookmarked
Associates & Employees The Weekly Closeout: Dollar General reaches store milestone and REI lays off staff The discount chain opened its 19,000th store in Missouri this week while the outdoor retailer is cutting 8% of its headquarters workforce. RetailDive February 5, 2023February 5, 2023 < 1 min read AssociatesDollar General 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General opens 19,000th store GOODLETTSVILLE, Tenn. — Dollar General marked the grand opening of its 19,000th store in Joplin, Mo. on Monday with a community celebration and a $19,000 donation to a local elementary school. Customers also received complimentary DG gift cards, tote bags and product samples. “Today marks an exciting milestone in Dollar General’s history as we open […] MMR February 2, 2023February 2, 2023 2 min read Dollar GeneralPhilanthropyExecutivesOperations & Supply ChainEconomyAssociates 0 Saving Bookmark this article Bookmarked
Corporate Strategy DG president and CFO John Garratt to retire in June GOODLETSVILLE, Tenn. — Dollar General Corp. president and chief financial officer John Garratt intends to retire from his position effective June 2. “John’s retirement comes after an outstanding career as an accomplished and trusted finance executive and most recently as our President and CFO,” Dollar General CEO Jeff Owen said. “On behalf of the entire […] MMR February 1, 2023February 1, 2023 2 min read ExecutivesDollar GeneralResults & InvestmentStrategyPredictions and ForecastsGovernmentAssociates 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar General CFO to retire John Garratt will exit this June. Meanwhile, the company just opened its 19,000th store. RetailDive January 31, 2023January 31, 2023 < 1 min read ExecutivesDollar General 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General Corporation Announces John Garratt’s Intent to Retire GOODLETTSVILLE, Tenn.–(BUSINESS WIRE)–Dollar General Corporation Announces John Garratt’s Intent to Retire BusinessWire - Retail January 30, 2023January 31, 2023 < 1 min read Dollar General 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value DG, Ibotta to debut rewards program GOODLETTSVILLE, Tenn. — Dollar General is partnering with Ibotta to launch a cash-back rewards program. “We are excited to provide an additional innovative option for our customers to help stretch their budgets,” says Emily Taylor, Dollar General’s executive vice president and chief merchandising officer. “Ibotta’s cash-back rewards program further complements our continuous efforts to provide […] MMR January 30, 2023January 30, 2023 < 1 min read Dollar GeneralConsumersPartnershipsExecutivesResults & InvestmentMerchandisingMarketing: TradeDept. Apparel 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General Announces 19,000th Store Opening GOODLETTSVILLE, Tenn.–(BUSINESS WIRE)–Dollar General (NYSE: DG) commemorated the grand opening of its 19,000th store in Joplin, Missouri today with a community celebration and $19,000 donation to a local elementary school. Customers also received complimentary DG gift cards, tote bags and product samples. “Today marks an exciting milestone in Dollar General’s history as we open our […] BusinessWire - Retail January 28, 2023January 31, 2023 < 1 min read Dollar GeneralExecutivesPhilanthropy 0 Saving Bookmark this article Bookmarked 5
Associates & Employees Dollar General worker safety fines top $15 million since 2017, Labor Department says [[ Bloomberg ]] CNBC January 27, 2023January 27, 2023 < 1 min read Dollar GeneralAssociates 0 Saving Bookmark this article Bookmarked
Trends & External Forces Dollar General tests mobile healthcare clinics at three stores Dollar General is partnering with DocGo to test mobile healthcare clinics at three stores in Tennessee. The clinics will provide customers with access to “quick, easy health visits…right outside the store.” RetailWire January 26, 2023January 26, 2023 < 1 min read Health & WellnessDollar GeneralBrick and MortarPartnerships 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar Tree names grocery veteran as CEO Rick Dreiling, a former Dollar General CEO who also served as an executive at Safeway and Vons, will take over leadership of the discounter from Mike Witynski, who is leaving the company. Grocery Dive January 25, 2023January 25, 2023 < 1 min read ExecutivesDollar TreeAlbertsons / SafewayDollar General 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar Tree names former Dollar General exec Rick Dreiling CEO Outgoing CEO Mike Witynski is stepping down from the Dollar Tree board and leaving the company. RetailDive January 25, 2023January 25, 2023 < 1 min read ExecutivesDollar TreeDollar General 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar Tree Taps Executive Chairman as New CEO Dollar Tree CEO Mike Witynski will step down and leave the retailer’s board of directors, with Executive Chairman Rick Dreiling expanding his role to assume the CEO position, effective Jan. 29, 2023. Witynski has held leadership positions at Dollar Tree since starting there in 2010 and was named CEO in 2020. Dreiling had served as […] Retail TouchPoints January 24, 2023January 24, 2023 < 1 min read ExecutivesDollar TreeAcquisitionAssociatesCOVID19Dollar GeneralDept. FreshWalmartFamily DollarMerchandisingOperations & Supply ChainStrategy 0 Saving Bookmark this article Bookmarked
Shopper & Customer Implementing Market Segmentation In Retail Market segmentation is fundamental to brand-business building. When creatively and intelligently managed, market segmentation can provide insight into: Superior understanding of the customer so the brand-business can provide outstanding competitive advantage; Strategic focus that is essential for effective marketing; Identifying market priorities that can drive brand-business strategies. Dollar General applied market segmentation to generate its […] Branding Strategy January 24, 2023January 24, 2023 3 min read ShoppersDollar GeneralMarketing: BrandStrategyMarketing: In StoreDept. GroceryDept. NonfoodExecutivesTechnology & InnovationBrick and MortarMerchandisingHoliday & EventsOwned Brands (Private Label)COVID19Dept. FrozenResults & InvestmentDept. Toys & GamesSustainabilityDept. ApparelEconomy 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar Tree names Rick Dreiling chairman and CEO CHESAPEAKE, Va. — Dollar Tree executive chairman Rick Dreiling will take on the additional role of chief executive officer, effective January 29, the company said on Tuesday. Mike Witynski, who has been in leadership positions at Dollar Tree since 2010 and served as CEO since 2020, is stepping down from the board and leaving the […] MMR January 24, 2023January 24, 2023 2 min read ExecutivesDollar TreeAssociatesAcquisitionStrategyFamily DollarDollar GeneralDept. FreshCOVID19 0 Saving Bookmark this article Bookmarked
Technology & Innovation Corporate Strategy Corporate Finance Partnerships & Alt Profit Media & Marketing Agencies & Vendors Data & Insights International Shopper & Customer Technology & Innovation aisle 3 exits the CSS business and uses proceeds to support growth in sneaker category AI powered shopping platform aisle 3 has completed the sale of its Google Comparison Shopping Site (CSS) service to Product Hero. Financial terms of the deal were not disclosed, other than it being all cash. The sale consolidates market share for CSS service provider Product Hero, which works with the likes of Rituals and Ikea. […] Written by Retail Technology Innovation Hub March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked
Technology & Innovation The Daily QuickWit (3/17): The Top Retail News The top retail news and most read stories in commerce. Written by RetailWit March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit Partnerships & Alt Profit Shopper & Customer Technology & Innovation Kroger lands deal for self-driving truck deliveries Get ready because the empty truck cabs in motion are coming. Gatik, which is involved in autonomous middle-mile logistics, has announced a multi-year commercial collaboration to transport customer orders within Kroger’s Dallas distribution network. The operations will launch in a few weeks. Under the collaboration, Gatik’s medium-duty autonomous box trucks will transport fresh, customer-favorite products from […] Written by Supermarket News March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked
CPG: Food Channel: Grocery Department & Category Department: Beverage Department: Food Corporate Strategy Shopper & Customer Technology & Innovation Trends & External Forces Merchandising Owned Brands (Private Label) Albertsons Redesigns and Expands Open Nature Own Label Line Albertsons yesterday unveiled what it said was “the redesign of its Open Nature brand as the company strives to become the brand of choice for those health-conscious shoppers seeking a more balanced lifestyle. Open Nature, which is part of Albertsons Cos. Own Brands portfolio, provides shoppers with tasty foods made with thoughtfully chosen ingredients that […] Written by MorningNewsBeat March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked
Stores & Formats Corporate Finance Trends & External Forces Associates & Employees Stores & Formats Dollar General investing $100M in its stores, with a focus on boosting labor Dive Brief: Dollar General posted net sales of $10.2 billion during the fourth quarter of 2022, a figure that was up 17.9% compared with the same period in 2021, the discount retail chain reported Thursday. Comparable-store sales rose 5.7% year-over-year in Q4, while operating profit was up 17.1%. CEO Jeff Owen said Dollar General intends to invest about […] Written by Grocery Dive March 17, 2023March 17, 2023 Saving Bookmark this article Bookmarked