INSIDER
Even bargain chains see spending pullback as higher prices squeeze more Americans
Read full article: Even bargain chains see spending pullback as higher prices squeeze more AmericansDollar Tree is slashing its full-year earnings and sales forecasts as its customers continue to struggle with higher prices and spend less.
Dollar General agrees to pay $12 million fine to settle alleged workplace safety violations
Read full article: Dollar General agrees to pay $12 million fine to settle alleged workplace safety violationsThe U.S. Department of Labor says Dollar General has agreed to pay a $12 million fine and improve conditions at its thousands of retail stores nationwide to make them safer for workers.
Man who killed 3 at a Dollar General in Jacksonville used to work at a dollar store, sheriff says
Read full article: Man who killed 3 at a Dollar General in Jacksonville used to work at a dollar store, sheriff saysThe Jacksonville sheriff says the gunman who killed three people at a Dollar General used to work at a dollar store and had stopped in at one before a security guardโs presence apparently led him elsewhere.
Consumers are spending, but Wall Street and businesses expect a tighter squeeze ahead
Read full article: Consumers are spending, but Wall Street and businesses expect a tighter squeeze aheadMacyโs, Target and Dollar General are warning investors their sales will suffer this year as consumers shift spending to essentials.
Macy's slashes expectations for the year after a pullback by shoppers in the spring
Read full article: Macy's slashes expectations for the year after a pullback by shoppers in the springMacyโs slashed its outlook for the entire year with sales weakening sales in the first quarter during an increasingly challenging economic environment, including stubbornly high inflation.
Man arrested because former high school classmate recognized him at Detroit store before carjacking
Read full article: Man arrested because former high school classmate recognized him at Detroit store before carjackingA man was arrested for carjacking a woman at gunpoint because a former high school classmate recognized him through his mask at a Detroit dollar store before he committed the crime, authorities said.
Woman pulls out gun when store employee confronts her about cart of stolen items, Detroit police say
Read full article: Woman pulls out gun when store employee confronts her about cart of stolen items, Detroit police sayA woman pulled out a gun and pointed it at an employee who confronted her about walking out of a Detroit dollar store with a shopping cart of stolen items, police said.
Dollar General store destroyed by fire along Telegraph in Brownstown Township
Read full article: Dollar General store destroyed by fire along Telegraph in Brownstown TownshipBROWNSTOWN TOWNSHIP, Mich. โ Fire crews were battling a fire Thursday morning at the Dollar General store on Telegraph Road near Sibley Road in Brownstown Township. A fire burns at a Dollar General store on Feb. 25, 2021 in Brownstown Township. Fire officials said there actually was a fire at this same Dollar General store two years ago. โIn this case, the McDonalds was closed and this fire probably got going a little further before somebody noticed it. Thatโs why weโve got more of an issue than we had before.โAdThe store was destroyed.
Instacart, others push incentives to get workers vaccinated
Read full article: Instacart, others push incentives to get workers vaccinatedDollar General is one of the first major companies to announce extra pay for workers who get vaccinated. (AP Photo/Sue Ogrocki, File)As vaccinations continue across the U.S., some companies are offering financial incentives to encourage their workers to get the shots. Instacart Inc., the grocery delivery service, announced Thursday that it would provide a $25 stipend for workers who get the COVID-19 vaccine. It joins others, including Trader Joe's and Dollar General, which plan to pay workers extra if they get vaccinated. Those challenges provide a strong incentive for companies to get their workers vaccinated, said Laura Boudreau, an economics professor at Columbia Business School who specializes in labor rights.
Police seek suspects in series of burglaries on Detroitโs east side
Read full article: Police seek suspects in series of burglaries on Detroitโs east sidePolice are looking for four men wanted in connection with a series of businesses broken into Jan. 6, 2020. DETROIT โ Police are looking for four men wanted in connection with a series of burglaries and businesses broken into early Wednesday morning. According to authorities, between 2:50 a.m. and 3:30 a.m., several Detroit businesses were broken into. Police said a gas station near the intersection of Jefferson Avenue and Mt. Police described the suspects as four Black men who were driving a white Dodge Charger with two black racing stripes on it.
Couple robbed, assaulted outside dollar store on Detroitโs east side
Read full article: Couple robbed, assaulted outside dollar store on Detroitโs east sideDETROIT โ For the second time this week, Detroit police are investigating a robbery and assault at a dollar store on Detroitโs east side. On Monday, an armed man robbed a Dollar Tree and sexually assaulted two female employees. The incident happened at a store on Van Dyke Avenue and 8 Mile Road, according to Detroit police. On Tuesday around 7 p.m., a couple was robbed outside a Dollar General on Van Dyke, just a block away from the Dollar Tree near 8 Mile Road. When the wife walked out of the store, the suspect pointed a gun at her and told her to go back inside the store.
Is This the World's Worst Burglar? Ohio Cops Seek Suspect Who Clumsily Robbed Dollar General
Read full article: Is This the World's Worst Burglar? Ohio Cops Seek Suspect Who Clumsily Robbed Dollar GeneralPolice in Columbus, Ohio, are looking for a bandit they've dubbed the "Bobcat Burglar." The thief was captured on camera repeatedly failing to break into a Dollar General store. First, the suspect tried to break a glass door using a cinder block. That didn't work. Still, the Bobcat Burglar took alcohol, food, cigarettes and electronics from the store.
Dollar General's new beauty brand goes viral
Read full article: Dollar General's new beauty brand goes viralBut Dollar General's humble, $5-and-under cosmetics line has gone viral, thanks to social media beauty bloggers. Dollar General executives say they developed the brand to bolster the company's hold on existing customers and improve its thin profit margins. "We're seeing really good results," Dollar General CFO John Garratt said at a presentation in June. Dollar General added its own beauty brand to an industry that is surging. Dollar General is following a similar strategy to Walgreens, Target, Zara, Forever 21 and even 7-Eleven.
Dollar stores face growing scrutiny
Read full article: Dollar stores face growing scrutinyYet a wave of cities and towns have passed laws curbing the expansion of Dollar General and Dollar Tree, which bought Family Dollar in 2015. Advocates of tighter controls on dollar stores say the big chains intentionally cluster multiple stores in low-income areas. Dollar General and its dollar store rivals mostly sell snacks, drinks, canned foods and vegetables, household supplies and personal care products at rock-bottom prices. Dollar stores can open quickly in new areas because they are small and have lower operating costs than grocery stores. Family-owned grocery stores operate at razor-thin profit margins and dollar stores can pressure them with lower prices, experts say.
Dollar General has new strategy to win wealthier shoppers
Read full article: Dollar General has new strategy to win wealthier shoppersDollar General has become a dominant force in retail by offering everyday items at rock-bottom prices, often in remote areas of the country. Dollar General is looking for other ways to draw customers in an effort to capitalize on rival Dollar Tree's struggles. Dollar Tree gets a higher percentage of its sales from home products and party goods than Dollar General, and Dollar General sees an opportunity to gain market share from its competitor, noted Karen Short, analyst at Barclays. Dollar General is also adding produce sections, healthier snacks and a new private-label cosmetics brand to thousands of stores to woo shoppers. Dollar General recently struck partnerships with FedEx for package drop-offs and pickups and Western Union for wire transfers in stores.