Dollar General says it closed almost 100 stores in the fourth quarter but its sales actually went up—and Wall Street is loving it
Dollar General also plans to expand in 2025. Part of the company’s plan in closing nearly 100 underperforming stores—which accounted for less than 1% of the company’s total store footprint—was to allocate resources to new stores. The company plans to open 575 stores and remodel about 4,250 in 2025.
Dollar General plans store closings. What the company is saying about California locations
Dollar General announced its fiscal 2024 earnings Thursday, and said it plans to close nearly 100 Dollar General stores in 2025.
Dollar General to close nearly 100 stores in coming weeks. Will Florida lose any?
Dollar general announced that net sales were up in the latest earnings report, but the company will be shuttering nearly 100 stores in the coming weeks.
Dollar General store review and closures dent fourth-quarter earnings
As part of the reevaluation, the dollar-store chain said it will close 96 Dollar General stores and 45 Popshelf stores and will convert six other locations.
Dollar General Closing 140+ Stores, Profits Drop As Retailers Struggle Nationwide
Dollar General will close more than 140 stores after a sharp drop in profits, marking a shift in strategy as the discount retailer faces rising costs and changing consumer habits. Dollar General will shut down at least 96 Dollar General locations and 45 pOpshelf stores in 2025,
Dollar General CEO flags alarming shift in customer behavior
However, Dollar General saw customer traffic in its stores dip by about 1% year-over-year. Its operating profit shrunk by ...
Dollar General CEO warns consumers are cash-strapped and says 2025 won't be better
Dollar General’s core consumers are “always strained” due to their economic status but also resourceful, CEO Todd Vasos said.
Dollar General CFO says shoplifting problem is ‘well in our control’—after taking this step
Good morning. Dollar General is one of the retailers that has grappled with “shrink,” an industry term that primarily defines ...
Dollar General CEO warns consumers ‘only have enough money for basic essentials'
Tariffs and potential changes to government entitlement programs present potential further headwinds for core customers, said ...
Dollar General Hopes Customers Trading Down, Picking Delivery Is a Winning Combo
Key Takeaways Americans' search for less-expensive versions of products could benefit Dollar General, CEO Todd Vasos said.The ...
Discount retailer to close about 100 stores this year
According to an earnings report, the discount retailer plans to close 96 stores in the first quarter of the 2025 fiscal year.
Dollar General Forecasts Muted 2025, Says American Shoppers Are Struggling
The company forecast fiscal 2025 profit of about $5.10 to $5.80 per share below estimates of $5.85, according to data ...
Marketplace1d
Dollar General stalls as its customers struggle financially
Dollar General's low-income consumer base is cutting back on spending — even on items thought of as necessities.