Channel: Dollar/Value Worth Reading: “The Worst Retail Job in America” Bloomberg Businessweek has a cover story about Dollar General, which it describes as “America’s most ubiquitous retailer,” with more than 19,000 US locations, “more than Walmart Inc. and Wendy’s Co. combined. Its main competitor, Dollar Tree Inc., has thousands fewer, even after acquiring rival Family Dollar some years back. Dollar General’s stores seem to be […] MorningNewsBeat September 25, 2023September 25, 2023 2 min read AssociatesDollar GeneralGovernmentBrick and MortarDollar TreeWalmartSustainabilityEconomyFamily DollarRestaurantsDept. DairyData & InsightsThick Data 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General is in a ‘really bad situation,’ and investors should stay away, Jim Cramer says [[“value”:”The circumstances around JPMorgan’s downgrade of Dollar General (DG) appear “highly unusual,” CNBC’s Jim Cramer said Wednesday.”]] CNBC September 20, 2023September 20, 2023 < 1 min read Dollar General 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Your Views: Higher Purposes I did a FaceTime the other day about how employee disengagement actually can be an infection that can ravage an organization. One MNB reader responded: Businesses that are grounded in higher purpose, mission, values and beliefs offer their customers an opportunity to be part of something greater than themselves. In tandem, these organizations culturally are […] MorningNewsBeat September 18, 2023September 18, 2023 4 min read Dept. FreshDollar GeneralRegional GroceryAldiShoppersDeliveryAssociatesAmazonAhold DelhaizeOperations & Supply ChainAcquisitionOcadoMarketing: TradeCOVID19MerchandisingBrick and MortarAlbertsons / SafewayDept. PerimeterDept. GroceryWalmartHealth & WellnessKrogerLegal & CriminalPricing & PromotionsResults & Investment 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General sued for overcharging customers in Missouri [[“value”:”Several stores committed multiple violations, an investigation found”]] Supermarket News September 15, 2023September 15, 2023 < 1 min read Dollar GeneralBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General Sued For Deceptive Pricing Fox News reports that the Missouri Attorney General’s office has sued Dollar general, accusing the company of “unfair and deceptive pricing.” The suit charges that Dollar General’s hundreds of stores in the state advertise one price on the shelf and then charge a different price at checkout: ” “Dollar General is routinely overcharging Missouri consumers […] MorningNewsBeat September 15, 2023September 15, 2023 < 1 min read Dollar GeneralConsumersBrick and MortarMerchandisingDept. Nonfood 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Temu takes share of wallet from Dollar General, Dollar Tree customers Access chart in Dash. Dollar General shoppers are increasingly buying from online deep discounter Temu according to Earnest credit card data. Since the Pinduoduo-owned online marketplace Temu entered the US market in late 2022, it has shaken up the discount sales space. Temu sells rock-bottom priced home goods and clothing through its gamified app and […] Earnest Research September 15, 2023September 18, 2023 2 min read ShoppersDollar GeneralData & InsightsDollar TreeDept. NonfoodFamily DollarData VisualizationDept. ApparelWalmartDept. Toys & GamesBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Grocery Your Views: Multiplier Effects On the subject of treating employees in a way that keeps them engaged, one MNB reader wrote: I have a nephew with limited cognitive skills but is a loyal bagger at a Michigan Kroger. On his fifth year of service he received a package containing Thank You cards from store management and fellow workers as […] MorningNewsBeat September 13, 2023September 13, 2023 9 min read Regional GroceryAldiKrogerAssociatesAcquisitionShoppersDept. Fresh PreparedDept. DeliConsumersWalmartBrick and MortarDept. GroceryDeliveryDept. NonfoodCOVID19PublixHEBMarketing: In StoreDollar GeneralGovernmentExecutivesKellogg'sLidlPackagingWegmansHealth & WellnessDept. Adult BevOwned Brands (Private Label)Dept. BeveragePiggly WigglyMeijerLegal & CriminalMarketing: BrandMarketing: PrintMerchandisingOperations & Supply ChainPepsiCoAlbertsons / SafewaySoutheastern GrocersSustainabilityTechnology & InnovationData & InsightsDept. FreshInclusivityDept. Natural / Organic 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Dollar General plans to fully automate South Carolina distribution center [[“value”:” Dollar General has announced automation plans for a distribution center in South Carolina, with plans for a nationwide launch to follow. This effort to automate the delivery of goods to individual stores is part of an overall effort to overcome supply chain issues, reports local news outlet The Post and Courier. The […] Supermarket News September 13, 2023September 13, 2023 2 min read Operations & Supply ChainDollar GeneralDeliveryResults & InvestmentBrick and MortarTechnology & InnovationStrategyExecutives 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Advertising to Rural Customers with Dollar General’s Molly Hjelm The CPG Guys are joined in this episode by Molly Hjelm, Head of Ad Sales at Dollar General Media Network, the retail media division of Dollar General. Follow Molly Hjelm on LinkedIn at: https://www.linkedin.com/in/mollyhjelm/Follow Dollar General on LinkedIn at: https://www.linkedin.com/company/dollar-general/ Follow DGMN online at: https://www.dgmedianetwork.com/ Molly answers these questions:1) Would you please highlight a few […] The CPG Guys September 13, 2023September 13, 2023 2 min read Dollar GeneralMarketing: Social MediaMarketing: Retail MediaShoppersPodcastsESG and CSRTechnology & InnovationMarketing: BroadcastGooglePredictions and ForecastsAgencies 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Advertising to Rural Customers with Dollar General’s Molly Hjelm The CPG Guys are joined in this episode by Molly Hjelm, Head of Ad Sales at Dollar General Media Network, the retail media division of Dollar General. Follow Molly Hjelm on LinkedIn at: https://www.linkedin.com/in/mollyhjelm/Follow Dollar General on LinkedIn at: https://www.linkedin.com/company/dollar-general/ Follow DGMN online at: https://www.dgmedianetwork.com/ Molly answers these questions:1) Would you please highlight a few […] The CPG Guys September 13, 2023September 14, 2023 2 min read Dollar GeneralMarketing: Social MediaMarketing: Retail MediaShoppersPodcastsESG and CSRTechnology & InnovationMarketing: BroadcastGooglePredictions and ForecastsAgencies 0 Saving Bookmark this article Bookmarked
Shopper & Customer Reiser’s Pieces: Why Accelerating Your Dollar Strategy Now Makes Sense “A few years back, when I was with Dollar General in the Chief Merchant seat, Fortune saw us as “a crafty mix of 7-Eleven-like convenience and Walmart-like low prices.” Yeah, but…that description doesn’t begin to do justice to the strong value-and-convenience proposition of the value channel – a proposition that’s put Dollar General and Dollar […] Market Performance Group September 13, 2023September 14, 2023 3 min read ConsumersPartnershipsShoppersStrategyData & InsightsMerchandisingTechnology & InnovationConagraOperations & Supply ChainReturnsDollar GeneralPredictions and ForecastsDept. RefrigeratedBrick and MortarDept. NonfoodWalmartOmnichannelAmazonDollar TreeSustainabilityResults & InvestmentOwned Brands (Private Label)ExecutivesFamily DollarEconomyDept. GroceryAssociatesDept. ApparelCOVID197-Eleven & Speedway 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Dollar General braces for $95M profit hit as it clears inventory While it works to reduce stock levels, the discounter is also investing in new planning tools to help manage flows at stores and distribution centers. Grocery Dive September 11, 2023September 11, 2023 < 1 min read Operations & Supply ChainDollar GeneralStrategyDept. NonfoodBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General makes executive promotions [[“value”:”DG has promoted five associates”]] Supermarket News September 7, 2023September 7, 2023 < 1 min read Dollar GeneralMarketing: TradeExecutivesAssociates 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar General makes 5 top executive promotions The latest appointments include a new executive vice president of global supply chain as well as a new senior vice president of inventory and demand management. Grocery Dive September 6, 2023September 6, 2023 < 1 min read ExecutivesMarketing: TradeDollar GeneralOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Corporate Finance Dollar General Revises 2023 Outlook Amid Financial Shortfalls Although Placer.ai’s quarterly index for Q2 2023 found that store traffic for discount and dollar stores were up 4.7% year over year, Dollar General CEO Jeff Owen revealed that the company was “not satisfied” with overall financial results for its Q2, which ended August 3, 2023. Dollar General reported a net sales increase of 3.9% […] Retail TouchPoints September 2, 2023September 2, 2023 2 min read Technology & InnovationAIDollar GeneralResults & InvestmentOperations & Supply ChainStore LocationShoppersBrick and MortarMarketing: Social MediaAssociatesExecutivesTargetMarketing: In StoreDept. Apparel 0 Saving Bookmark this article Bookmarked
Associates & Employees Dollar General Revises 2023 Outlook Amid Financial Shortfalls Although Placer.ai’s quarterly index for Q2 2023 found that store traffic for discount and dollar stores were up 4.7% year over year, Dollar General CEO Jeff Owen revealed that the company was “not satisfied” with overall financial results for its Q2, which ended August 3, 2023. Dollar General reported a net sales increase of 3.9% […] Retail TouchPoints September 2, 2023September 5, 2023 2 min read Technology & InnovationAIDollar GeneralResults & InvestmentOperations & Supply ChainStore LocationShoppersBrick and MortarMarketing: Social MediaAssociatesExecutivesTargetMarketing: In StoreDept. Apparel 0 Saving Bookmark this article Bookmarked
Corporate Finance Dollar General still upbeat after poor Q2 earnings Despite poor earnings, Dollar General said it was happy about progress made during the second quarter. However, expectations for the rest of the fiscal year have been tempered, following a quarter which saw same-store sales decrease 0.1% and gross profit drop from 32.3% in Q2 2022 to 31.1% in 2023. Related: New details emerge from deadly […] Supermarket News September 1, 2023September 7, 2023 2 min read Results & InvestmentDollar General 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General set to open nearly 1K new stores despite profit, margin declines The discounter is grappling with bloated inventories, which analysts say are contributing to shrink and impeding store operations. RetailDive August 31, 2023August 31, 2023 < 1 min read Dollar GeneralBrick and MortarOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General reports lower comps, reduces guidance The discounter on Thursday reported a 0.1% decline in same-store sales during the second quarter and cut its expectations for sales and profitability for fiscal year 2023. Grocery Dive August 31, 2023August 31, 2023 < 1 min read Dollar General 0 Saving Bookmark this article Bookmarked
Department: Food Dollar General opens first dual distribution center The 1-million-square-foot facility in Blair, Nebraska, was designed around the company’s traditional and DG Fresh supply chain models and will ultimately serve more than 1,000 stores. Grocery Dive August 22, 2023August 22, 2023 < 1 min read Operations & Supply ChainDollar GeneralDept. FreshBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Dollar General opens its first dual distribution center BLAIR, Neb. — Dollar General on Saturday celebrated the grand opening of a new distribution center in Blair, Neb., that supports both its stores’ nonperishables and fresh food needs. Dollar General describes the Blair distribution center as the company’s first dual facility “combining the efficiencies of traditional and DG Fresh supply chain functionalities” and adds […] MMR August 21, 2023August 21, 2023 2 min read Dollar GeneralOperations & Supply ChainResults & InvestmentDept. FreshBrick and MortarExecutivesStore LocationPredictions and ForecastsPartnershipsEconomyDept. PerimeterDept. GroceryAssociates 0 Saving Bookmark this article Bookmarked
Department: Food The Weekly Closeout: Target faces ESG lawsuit, BeautyStat names chief marketing officer [[“value”:” This audio is auto-generated. Please let us know if you have feedback. It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week and what we’re still thinking about. From Dollar General expanding its fresh produce […] RetailDive August 19, 2023August 19, 2023 6 min read Dept. FreshTargetExecutivesDept. BeverageDept. HBCKellogg'sBrick and MortarDept. PerimeterDept. Adult BevConsumersHoliday & EventsDollar GeneralData & InsightsDept. ApparelMarketing: Social MediaMarketing: Direct & PersonalizationESG and CSRPartnershipsInclusivityPress ReleaseLegal & CriminalAmazonMerchandisingTechnology & InnovationMarketing: BroadcastAcquisitionPredictions and ForecastsDept. GroceryAssociatesStrategyOperations & Supply ChainHealth & WellnessEconomyDept. NonfoodDept. Natural / OrganicDept. FrozenGovernment 0 Saving Bookmark this article Bookmarked
Channel: Grocery Seven State Officials Ask FTC To Block Kroger-Albertsons Deal Reuters reports that the secretaries of state from seven states – Arizona, Colorado, Maine, Minnesota, New Mexico, Rhode Island and Vermont – have written to Federal Trade Commission (FTC) Chair Lina Khan, calling for regulators to block Kroger’s proposed $24.6 billion acquisition of Albertsons. All the secretaries of state are elected Democrats. (In some states, […] MorningNewsBeat August 17, 2023August 17, 2023 2 min read KrogerRegional GroceryAlbertsons / SafewayGovernmentCompetitionConsumersAcquisitionMergersDept. GroceryBrick and MortarAmazonWalmartDollar GeneralDept. NonfoodInternational - North AmericaLegal & CriminalAssociatesSoutheastern GrocersAldiTargetEconomy 0 Saving Bookmark this article Bookmarked
Stores & Formats Dollar General set to build massive distribution center in Arkansas [[“value”:”Center will help distribute fresh food to more stores”]] Supermarket News August 14, 2023August 14, 2023 < 1 min read Operations & Supply ChainDollar GeneralDept. PerimeterDept. GroceryDept. FreshBrick and Mortar 0 Saving Bookmark this article Bookmarked
Corporate Strategy Dollar General ‘Food First’ Strategy Threatens Legacy Food Retailers Inflation, inflation, inflation is top of mind with consumers and Dollar General is targeting all food retailers with legacy stuck in the middle pricing. That’s right according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® legacy grocery stores and C-stores that have not elevated their food retail positioning and are still […] Grocerant Guru August 10, 2023August 10, 2023 4 min read Dept. GroceryDollar GeneralDept. FreshBrick and MortarData & InsightsOwned Brands (Private Label)ShoppersDept. PerimeterStrategyEconomyDept. RefrigeratedConsumersTechnology & InnovationPackagingPricing & PromotionsExecutivesOperations & Supply ChainMerchandisingMarketing: Social MediaMarketing: In StorePepsiCoInternational - North AmericaPredictions and ForecastsDept. BakeryDept. DairyDept. Fresh PreparedDept. NonfoodThick Data 0 Saving Bookmark this article Bookmarked
Trends & External Forces Retailers are blaming organized theft for lower profits — but it’s hard to tell if it’s really rising [[“value”:”Retailers from Target to Dollar General and Foot Locker say theft is cutting into their profits, but their claims are almost impossible to verify.”]] CNBC August 9, 2023August 9, 2023 < 1 min read Legal & CriminalTargetDollar General 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Edgewell partners with DG Literacy Foundation SHELTON, Conn. — Edgewell Personal Care Co. and the Dollar General Literacy Foundation (DGLF) is launching the Emerging Artist Contest. The inaugural program encourages students to visit EmergingArtistProject.com to enter an original piece of artwork through August 28, 2023. Artist and author Reyna Noriega is serving as a judge, and the winner will win a one-time $10,000 tuition scholarship and the chance for […] MMR August 7, 2023August 7, 2023 2 min read Dollar GeneralPartnershipsPredictions and ForecastsPackagingExecutivesTechnology & InnovationStore LocationMarketing: Social MediaBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Delivery Staples Partners with DoorDash to Offer Same-Day Delivery Just in time for the back-to-school season, items from Staples are now available for same-day delivery via DoorDash. Nearly 1,000 Staples U.S. locations are participating, and deliveries are made in under one hour on average. Via the DoorDash Marketplace, customers can access Staples’ wide range of school supplies. Staples products also are available on the […] Retail TouchPoints August 7, 2023August 7, 2023 < 1 min read DoorDashFood DeliveryDeliveryPartnershipsReturnsMarketing: Loyalty & SubscriptionBJ’s Wholesale ClubHealth & WellnessConsumersKrogerMarketing: Social MediaBrick and MortarBOPISRite AidTractor Supply CompanyDept. FreshDept. Fresh PreparedDollar GeneralHoliday & EventsPredictions and ForecastsPricing & Promotions 0 Saving Bookmark this article Bookmarked
Channel: Delivery Staples Partners with DoorDash to Offer Same-Day Delivery Just in time for the back-to-school season, items from Staples are now available for same-day delivery via DoorDash. Nearly 1,000 Staples U.S. locations are participating, and deliveries are made in under one hour on average. Via the DoorDash Marketplace, customers can access Staples’ wide range of school supplies. Staples products also are available on the […] Retail TouchPoints August 7, 2023August 8, 2023 < 1 min read DoorDashFood DeliveryDeliveryPartnershipsReturnsMarketing: Loyalty & SubscriptionBJ’s Wholesale ClubHealth & WellnessConsumersKrogerMarketing: Social MediaBrick and MortarBOPISRite AidTractor Supply CompanyDept. FreshDept. Fresh PreparedDollar GeneralHoliday & EventsPredictions and ForecastsPricing & Promotions 0 Saving Bookmark this article Bookmarked
Trends & External Forces WSJ: CVS Eliminates 5,000 Corporate Jobs in Cost-Cutting Effort As part of a restructuring effort initiated in Q2 2023, CVS Health will cut 5,000 jobs as the company focuses more on healthcare services, according to the Wall Street Journal and other news outlets. WSJ reported that the cuts will primarily affect corporate positions rather than customer-facing roles in stores, pharmacies and clinics. Since last […] Retail TouchPoints August 3, 2023August 3, 2023 < 1 min read Health & WellnessCVSAcquisitionAmazonShoppersMarketing: Social MediaCompetitionDept. PharmacyEconomyBrick and MortarAssociatesPress ReleaseDollar General 0 Saving Bookmark this article Bookmarked
Technology & Innovation Technology & Innovation ‘Money Doesn’t Stink:’ The Sad State Of Affairs In Ad Tech After 12 years of working in – or adjacent to – the ad tech industry, I am coming to terms with the simple answer to many depressing questions. The post ‘Money Doesn’t Stink:’ The Sad State Of Affairs In Ad Tech appeared first on AdExchanger. Written by AdExchanger September 26, 2023September 26, 2023 Saving Bookmark this article Bookmarked
Department: Consumer Durables Department: Consumer Durables Corporate Strategy Lego Abandons One of Its Projects To Make Oil-Free Bricks -FT Danish toymaker Lego has reportedly abandoned a prominent initiative to eliminate oil-based plastics from its bricks. This decision comes after the company discovered that the new material, recycled polyethylene terephthalate (RPET), would result in higher carbon emissions. Lego’s CEO, Niels Christiansen, mentioned that extensive testing revealed it was challenging to find a material that met… Written by RetailWire September 26, 2023September 26, 2023 Saving Bookmark this article Bookmarked
Channel: Drug Shopper & Customer Trends & External Forces Stores & Formats CVS Is Permanently Closing Hundreds of Stores for a Surprising Reason As the pandemic’s impact on brick-and-mortar retail lingers, the U.S. drugstore landscape is undergoing significant changes. CVS, the largest drugstore chain in America, is implementing a policy change that will lead to the closure of hundreds of stores over the next three years, aiming to optimize store locations based on population shifts and consumer buying… Written by RetailWire September 26, 2023September 26, 2023 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Corporate Strategy Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Amazon Invests $4 Billion in AI Company Anthropic Amazon will invest up to $4 billion in Anthropic and gain a minority ownership position in the company, part of a deal that will have Amazon Web Services (AWS) become Anthropic’s primary cloud provider. Anthropic will make its future AI foundation models accessible to million of developers, as well as provide AWS customers with early […] Written by Retail TouchPoints September 25, 2023September 26, 2023 Saving Bookmark this article Bookmarked
Channel: Marketplace Partnerships & Alt Profit Media & Marketing Retailer Media Shopify Audiences Adds Criteo, Its First Open Web Ads Partner Shopify Audiences debuted last year with only Google and Meta. In January, Pinterest was added to the mix. Now TikTok, Snap and, notably, Criteo will be able to plug into The post Shopify Audiences Adds Criteo, Its First Open Web Ads Partner appeared first on AdExchanger. Written by AdExchanger September 25, 2023September 26, 2023 Saving Bookmark this article Bookmarked