Dollar General

  1. 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 […]
3 min read
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  1. 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 […]
2 min read
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  1. 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 […]
3 min read
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  1. 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 […]
2 min read
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  1. 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 […]
2 min read
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  1. 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 […]
5 min read
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  1. 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 […]
3 min read
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  1. 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 […]
< 1 min read
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  1. 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 […]
3 min read
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  1. 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 […]
2 min read
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  1. 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 […]
2 min read
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  1. 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 […]
< 1 min read
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  1. 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 […]
4 min read
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  1. 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 […]
< 1 min read
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  1. 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 … […]
2 min read
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  1. 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. […]
2 min read
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  1. 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 […]
2 min read
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Editor’s Choice

  1. Channel: Dollar/Value
  2. Channel: Dollar/Value
  3. Corporate Strategy
  4. Corporate Finance
  5. Department: Consumer Durables
  6. Media & Marketing
  7. Shopper & Customer
  8. Technology & Innovation
  9. Trends & External Forces
  10. Operations & Supply Chain
  11. 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 […]
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  1. Data & Insights
  2. Corporate Strategy
  3. Department: HBC
  4. Media & Marketing
  5. Data & Insights
  6. Shopper & Customer
  7. Trends & External Forces
  8. 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 […]
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  1. Retailer Media
  2. Corporate Strategy
  3. Media & Marketing
  4. Retailer Media
  5. 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. 
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