Dollar General

Don’t ring the funeral bells just yet, but the self-checkout kiosk horror show could be nearing its end. So far, the grand experiment in robot cashiers is an abject failure. Stores across the country are reversing course on the machines, and consensus is growing among analysts and insiders that self-checkout has been a disaster for consumers and retailers alike, according to a new report in the BBC. The machines aren’t disappearing anytime soon, but if nothing else, you can expect fewer stores to force them on you in the…

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A South Carolina man allegedly robbed a convenience store using a fake 1980s Nintendo gun, getting away with $300 in cash. York County deputies reported that 25-year-old David Joseph Dalesandro entered the convenience store at about 5:45 p.m. on Tuesday wearing a mask, wig, and hoodie sweatshirt when police say he waved the fake gun at the clerk.What Was Your First Experience with Super Mario Bros? | io9 InterviewDalesandro allegedly demanded the clerk hand over the money from the cash register before quickly exiting the…

Shrink and a sales shift to lower-margin consumables pressured profits at Dollar Tree. Shrink and a sales shift to lower-margin consumables pressured profits at Dollar Tree. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not…

Dollar General Corp. DG -0.86% 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 share by lifting store standards and the in-store shopping experience.…

Dollar Tree has shaken up its executive ranks since last year, under pressure from an activist investor. Photo: Paul Weaver/Zuma Press…

“It’s obvious that freight rates peaked and began to normalize, driven by falling demand and an easing supply-chain congestion,” said Soren Skou, chief executive of Maersk. In November, the shipping company lowered its 2023 forecast for container demand—a proxy for global trade. It now expects a decline from 2% to 4%, from a maximum decline of 1% previously. In the U.S., retailers have ample inventory. Railroads averted a labor strike and package delivery trucks…

Dollar stores, boosted by demand for less expensive groceries and goods in underserved rural areas, are far outpacing other retailers in opening new stores.Bricks-and-mortar shopping has rebounded strongly since the height of the pandemic, with many companies now adding new locations. Leading the pack are the two largest U.S. dollar-store chains, Dollar General Corp. and Dollar Tree Inc., which combined expect to have opened more than 1,300 net new stores by the…

For retailers, it is a season of discontent.From Walmart Inc. to Nordstrom Inc., retailers have a glut of inventory and are discounting items to clear out space for holiday goods. Many have already lowered profit expectations for the year and are working to cut costs as consumers are pulling back spending in categories such as apparel and home goods ahead of the key year-end shopping season. Best Buy Co. warned investors last month…

Dollar General Corp. DG -0.06% and Dollar Tree Inc. DLTR -0.08% reported higher quarterly sales as the discount chains raised prices and attracted thrifty shoppers looking for groceries or other essentials. Sales at dollar stores tend to rise when shoppers feel cash-strapped as the small stores tend to be located closer to residences and sell goods in small packages at lower prices…