Dollar Tree has entered into a Stewardship Framework Agreement with affiliates of investment firm Mantle Ridge LP that supports the appointment of former Dollar General chairman and CEO Richard Dreiling to the post of executive chairman. On March 19, the retailer’s...
As it continues to roll out its latest store concepts while dealing with macroeconomic issues, Dollar General Corp. topped a MarketBeat-published analyst consensus estimate on earnings but missed on revenue. The company posted a net income of $597.4 million, or $2.57...
The InMarket Insights Q4 2021 Consumer Loyalty Report shows Walmart generated the most consumer loyalty among the top 5 big-box stores. The market researcher used location tracking data to determine Walmart was number one followed by Meijer, Fred Meyer, Target and...
According to Placer.ai’s Superstores Quarterly Index for Fourth Quarter 2021 consumer visits to superstores were up 6.8% in the period year over year, up 10.9% compared to the 2020 quarter, and up 5.7% compared to the 2019 period. The COVID-19 pandemic may even have...
The dollar store sector is changing under the influence of inflation and because it has sought a broader clientele including more affluent consumers enticed by new, more specifically targeted store formats. Indeed, the dollar store sector has made inroads versus...
