Dollar General

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  1. Channel: Dollar/Value

Dollar General Moves Upmarket with Popshelf

While many retailers took a cautious approach to expansion following the COVID outbreak, Dollar General bucked the trend, deciding instead to launch a new concept, Popshelf, mid-pandemic. Courting a new type of customer, it plans to open up to 50 of these locations by the end of the year. Via: Cheapism Key Takeaways Popshelf is […]
4 min read
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  1. Channel: Specialty & Other

7 experiential store concepts that opened this year

From Dick’s Public Lands outdoors banner to Bloomie’s to Ulta’s Target shop-in-shops, here are some of the most notable concept launches this year. As in past years, testing store concepts has been top of mind for retailers in 2021, as the industry moved past the mass closures and severely dampened traffic of 2020.  For some DTC brands, that […]
8 min read
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  1. Trends & External Forces

Emerson Industry Day unites retailers, suppliers

Ed Morgan, president and partner of Emerson Group, co-hosted the virtual event. PHILADELPHIA — While the COVID-19 pandemic is by no means a thing of the past, its profound impact over the last 18 months on so many different aspects of life has naturally raised the question of what lies ahead, what is next — […]
6 min read
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  1. Media & Marketing

Dollar Tree explains new pricing, short-form video tips for YouTube, and Gannett responds to employees claims of unpaid labor

Also: Southwest and Disney World launch shared anniversary promotions, podcasts use International Podcast Day to highlight their programming, and more. Hello, communicators: Walt Disney World and Southwest Airlines have partnered to celebrate both company’s respective 50th anniversaries by unveiling a co-branded aircraft decorated with Disney World anniversary insignia inside and out, including overhead bins and […]
6 min read
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  1. Channel: Dollar/Value

Dollar General to expand into Idaho, its 47th state

GOODLETTSVILLE, Tenn. — Dollar General is expanding into Idaho, with a store that is set to open by spring 2022. The store, under construction in Athol, Idaho, will expand the retailer’s territory to 47 U.S. states. “Dollar General is committed to helping customers save time and money on everyday essentials, and we look forward to […]
< 1 min read
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  1. Shopper & Customer

Food Consumers Discontent Favors Dollar Stores

  Was your restaurant closed one day this week or last week because you could not find enough employees? Have you been raising prices, month after month to replace diminishing year over year customer counts like grocery stores? How is that working for you?  Are you employees tired, is your rent going down?  Steven Johnson, […]
2 min read
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  1. Channel: Dollar/Value

Dollar General Q2 sales higher than expected

GOODLETTSVILLE, Tenn. — Dollar General Corp. reported higher-than-expected sales and earnings for the second quarter, and boosted its projections for the year despite an expected increase in transportation and distribution costs and uncertainty caused by the Delta variant. Net sales decreased 0.4% to $8.7 billion in the second quarter, but still beat analysts’ expectations. The […]
2 min read
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  1. Associates & Employees

Big chains add workers for holidays

NEW YORK — The nation’s largest retailers have announced plans to increase payrolls as they gear up for the holiday season. Walmart intends to add 20,000 employees to support its e-commerce business and to help with the holiday rush. Dollar General has announced plans to hire 50,000 employees in the coming weeks, with many of […]
2 min read
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  1. Trends & External Forces

Dollar General Sees Health As Big Business Opportunity

From CNBC, a story about how Dollar General CEO Todd Vasos says that “the retailer is chasing business opportunities in health care for a simple reason: About 65% of the company’s stores are located in ‘health deserts.’ “That translates to more than 10,000 stores — including many in rural areas and small towns — where […]
< 1 min read
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  1. Trends & External Forces

Dollar General Sees Health As Big Business Opportunity

From CNBC, a story about how Dollar General CEO Todd Vasos says that “the retailer is chasing business opportunities in health care for a simple reason: About 65% of the company’s stores are located in ‘health deserts.’ “That translates to more than 10,000 stores — including many in rural areas and small towns — where […]
< 1 min read
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  1. RetailWit QuickWit

Daily QuickWit (9/9) – Top Retail News of the Day

Here’s the important articles that passed our desk today: AB InBev makes changes to firm’s structure. The changes reflect support of their consumer-first strategy. They’ve added both a CMO role (Benoit Garbe, formerly US Chief Strategy Officer), and Chief commercial officer (Kyle Norrington, formerly President Labatt Brewery). They’ve shifted US Chief Sales officer to Simon […]
2 min read
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  1. Channel: Dollar/Value

Dollar General CEO sees opportunities in ‘health deserts’

Dollar General CEO Todd Vasos says nearly two-thirds of the chain’s stores operate in “health deserts” located primarily in rural areas and small towns. “While it’s in its infancy stages, we really have an opportunity to grow that healthcare side of the business — not only products in the store, but services,” he said.
< 1 min read
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  1. Channel: Dollar/Value

Dollar General CEO says most of its stores are in ‘health deserts,’ creating big business opportunity

Dollar General CEO Todd Vasos said about 65% of the company’s stores are in “health deserts.” The deep discounter recently hired its first chief medical officer. “While it’s in its infancy stages, we really have an opportunity to grow that health-care side of the business — not only products in the store, but services,” Vasos […]
2 min read
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  1. RetailWit QuickWit

QuickWit Weekly (8/30) – Hip-hop, CPG, and the Top Retail News of the Week

A few days ago, this article entered the RetailWit database. You should know: the RetailWit team are hip-hop fans. From Beastie Boys to Yeezy or Food & Liquor and Good Kid, M.A.A.D City, rap is a staple in our rotation. After digging a bit further, we found there’s an interesting intersection of retail and rap—artists […]
3 min read
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  1. Channel: Dollar/Value

Dollar General’s CEO sees healthcare as a financial engine

Dollar General CEO Todd Vasos said during the company’s second-quarter earnings call Thursday that he believes its nascent effort to position its stores as health destinations could eventually become one of its biggest financial engines. The discount chain also announced it has rolled out DG Fresh, its initiative to self-distribute frozen and refrigerated items, to all […]
2 min read
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  1. Channel: Dollar/Value

Dollar General Corporation Reports Second Quarter 2021 Results

GOODLETTSVILLE, Tenn.–(BUSINESS WIRE)–Dollar General Corporation (NYSE: DG) today reported financial results for its fiscal year 2021 second quarter (13 weeks) ended July 30, 2021. Net Sales Decreased 0.4% to $8.7 Billion Same-Store Sales Decreased 4.7%; Increased 14.1% on a two-year stack basis1 Operating Profit of $849.6 Million, or 9.8% as a percentage of net sales […]
< 1 min read
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  1. Channel: Dollar/Value

Dollar General Q2 sales beat expectations

GOODLETTSVILLE, Tenn. — Dollar General Corp. reported higher-than-expected sales and earnings for the second quarter, and boosted its projections for the year despite an expected increase in transportation and distribution costs and uncertainty caused by the Delta variant. Net sales decreased 0.4% to $8.7 billion in the second quarter of 2021, but still beat analysts’ […]
3 min read
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  1. Shopper & Customer

Your Views: Individualism & Exceptionalism

Got this email from MNB reader Steven Ritchey: The story you ran day before yesterday about the new concept Taco Bell drive through made me think. Yes, the design was cool looking, it looked a bit futuristic. But, I’ve seen lot’s of supermarket designs and layouts that looked cool, maybe a bit futuristic, but ultimately […]
6 min read
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  1. RetailWit QuickWit

Daily QuickWit (10/21) – Top Retail News of the Day

Kroger launches private targeted marketing platform. Big news coming from 84.51 / KPM. The platform allows clients to use their demand-side platform (DSP) of choice. Data is money, and Kroger has blown open the doors for extending first-party data beyond their walled garden—while maintaining (shopper) privacy and control.  Amazon gives third-party sellers access to more […]
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  1. Channel: Grocery

Kroger Debuts Private Programmatic Advertising Marketplace

Solution enables brands to target relevant shoppers, optimize performance against actual retail sales The Kroger Co.’s retail media business, Kroger Precision Marketing (KPM) powered by 84.51°, has rolled out a new private programmatic advertising marketplace. The Kroger Private Marketplace enables agencies and brands to target consumers by applying Kroger audience data to programmatic campaigns on […]
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  1. RetailWit QuickWit

Daily QuickWit (10/19) – Top Retail News of the Day

Albertsons posts Q2 earnings beat. ID sales +1.5% (2 year stacked: 15.3%); digital sales +5% (2 year stacked: +248%). They announced a strong quarterly dividend of 20% and raised FY2021 outlook.  Gross profit margin decreased 28.6% (fuel, inflation, supply chain costs). Albertsons spoke to their transformation strategy and, specifically, called out modernizing their technical infrastructure […]
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