by Mike Duff | Jan 24, 2023 | Retail Articles
CEO and board member Mike Witynski is exiting Dollar Tree, and chairman Rick Dreiling will expand his role to assume the CEO title effective January 29. Dreiling and investment firm Mantle Ridge effectively took control of Dollar Tree last year and began replacing...
by Mike Duff | Jan 19, 2023 | Retail Articles
Ibotta, a free-to-use cashback rewards platform, will support new Dollar General customer financial services and cashback options as the value retailer takes another step toward becoming more competitive with mass marketers such as Walmart and Target. Dollar General...
by Mike Duff | Dec 9, 2022 | Retail Articles
Market researcher Numerator has pegged Amazon as the Black Friday Weekend sales leader. In its report on the shopping period, Numerator stated: Amazon captured 17.7% of dollars spent, which was a jump from its average 10.1% share in the latest 52 weeks ending...
by Mike Duff | Dec 2, 2022 | Retail Articles
Dollar General sailed through the third quarter despite internal supply chain challenges. The company posted a net income of $526.2 million, or $2.33 per diluted share, versus $487 million, or $2.08 per diluted share, in the 2021 quarter. Dollar General beat a Yahoo...
by Mike Duff | Nov 8, 2022 | Retail Articles
As part of a rapid expansion, Dollar General has celebrated the second birthday and the 100th store opening of its Popshelf store concept. The latest and 100th Popshelf opened in Chattanooga, TN, on November 5 with festivities including complimentary DIY crafts, hot...
