The exterior of a Dollar General convenience store is seen in Austin, Texas, on March 16, 2023. Brandon Bell | Getty Images Dollar General’s former CEO Todd Vasos is reemerging from retirement to lead the company, aiming to revive its growth and address allegations of unsafe working conditions. Vasos, who served as Dollar General’s CEO …
The Pinterest app on a mobile phone. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines before the bell. Dollar General — Dollar General shares dropped by 2% after JPMorgan downgraded the discounter to underweight from neutral. The downgrade comes as the company’s core shopper deals with rising inflationary pressures and …
The exterior of a Dollar General convenience store is seen in Austin, Texas, March 16, 2023. Brandon Bell | Getty Images Discover the key movers and shakers in the market before the opening bell: Dollar General — The discount retailer experienced a hefty 15.3% decline after releasing its second-quarter earnings per share of $2.13, falling …
Dry cannabis flowers inside the packaging room at the Aphria Inc. Diamond facility in Leamington, Ontario, Canada, on Wednesday, Jan. 13, 2021. Anne Sakkab | Bloomberg | Getty Images Stay informed with the latest company updates. Salesforce saw a 3% surge in its stock following the announcement of its quarterly results and guidance that exceeded …
Shares of Dollar Tree dropped to a 52-week low after the company revealed that customers are primarily focused on purchasing food and essential items. This trend aligns with the growing number of price-sensitive consumers who are being more selective with their spending. Macy’s and Foot Locker also experienced a decline in sales as customers prioritize …
Nvidia’s A100 GPU, which is utilized for training ChatGPT and other generative AI models, was showcased at Nvidia’s headquarters in Santa Clara, California, on February 9, 2023. Katie Tarasov Explore the latest market news during midday trading. Nvidia — The stock of this chipmaker reached a record high by surging over 1% following its impressive …
Aldi, the no-frills discounter, is making waves in the grocery industry with its latest big moves. The German retailer has announced plans to acquire approximately 400 Winn-Dixie and Harveys Supermarket locations in the Southern United States. The deal includes taking over the operations of these stores, which are located in Florida, Alabama, Georgia, Louisiana, and …
This is the first installment of a three-part series exploring organized retail crime. In this series, we will delve into the impact of theft on retailers’ businesses and the measures being taken by companies and policymakers to address the issue. Make sure to read parts two and three later this week.Anti-theft measures, such as locked …