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The Latest Breaking News from Dollar General

Dollar General has 48 hours to make stores safe or face more penalties after $12m workplace fine

The clock started ticking after the government and the retailer signed the agreement on Thursday

The Independent UK

Dollar General Reaches $12M Settlement With Department Of Labor For Safety Violations

The settlement requires the retail giant to implement extensive safety improvements across its more than 19,000 stores nationwide.

International Business Times

Dollar General agrees to pay $12 million fine to settle alleged workplace safety violations

The 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

The Independent UK

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Huge retailers make key change to fight retail theft

As chains see increased shoplifting, they're looking for ways to fight back.

The Street

Major Retailers Reverting To Human Cashiers After Noticeable Inventory Loss

Major retailers are eliminating self-checkout counters due to noticeable inventory loss.

International Business Times

Dollar Tree sold recalled apple sauce

Many of the recalled products contained a lead concentration more than 200 times greater than the FDA's guidance

Salon

Is the dollar store doomed? Local backlash and rising inflation are putting the brakes on explosive nationwide growth

Dollar stores have spread exponentially in recent years to more than 35,000 locations across the country, but many communities are fighting back after seeing local businesses destroyed by them, write Richard Hall and Alicja Hagopian

The Independent UK

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Dollar Tree Puts Family Dollar Up For Sale Years After Disastrous Merger

Dollar Tree is putting Family Dollar up for sale after an $8.5 billion merger in 2015 failed to work.

International Business Times

Huge retail chain follows Target in making self-checkout change

The company is following similar moves by Walmart and Target.

The Street

Stock Market Retreats As Salesforce, Dell Lead Earnings Losers: Weekly Review

The Dow Jones tumbled below its 50-day line as the stock market saw broad losses this week, led by earnings losers Salesforce and Dell.

Investors Business Daily

Costco Gold And Silver Bars Are Hot Sellers Online Amid Inflation

Costco earnings growth was the best in years. Discount retailers are faring well in the current economic climate.

Investors Business Daily

Dollar Tree buys up 99 Cents Only stores as retail giant looks to make up for closures

The move comes at a turbulent time for the dollar store industry as the retail giants consolidate and close stores

The Independent UK

Stocks Slip Before the Open as Risk Mood Sours, U.S. GDP Data and Earnings in Focus

June S&P 500 E-Mini futures (ESM24) are down -0.39%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.42% this morning as U.S. Treasury yields hovered near the highest levels of the year, weighing on the risk mood, while investors braced for a slew of U.S. economic data, remarks from…

Barchart

Target Unleashes Thousands Of Deals With Earnings Due As Walmart Makes Inroads

With Walmart making inroads, Target said it's cutting prices on 5,000 items. Earnings are due Wednesday.

Investors Business Daily

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Barchart

3 Unusually Active Put Options to Sell for Income Over the Next Week

With Memorial Day weekend in a week, investors looking to generate income for the holiday weekend festivities might want to consider selling these three unusually active put options from Thursday trading.

The Guardian - US

Investors push to rein in Dollar General CEO pay and perks

SOC Investment Group highlights ‘serious concerns’ over company led by Todd Vasos who pocketed $183m between 2015 and 2021

The Street

While it has not technically filed for Chapter 11 or Chapter 7 bankruptcy, the company will be closing all of its stores.

The Guardian - US

99 Cents Only discount chain to close all US stores

Company’s interim CEO says economic pressures have ‘greatly hindered the company’s ability to operate’

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The Street

Walmart makes a big move into offering an essential service

The discount retailer is looking to bring an important service to more people and make its stores a "primary destination" for customers.

The Street

Discount retailer faces Chapter 11 bankruptcy or liquidation

It has been a bleak period for retail chains that sell discount items.

The Street

Dollar General makes a major change; Walmart, Target won't follow

The low-priced store has learned a lesson and it actually goes beyond shoplifting (although that is a big problem).

Barchart

Stocks Fall on Bearish US Economic Reports and Sharp T-note Yield Rise

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -0.29%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.30%. Stocks on Thursday closed mildly lower on the bearish PPI and retail sales...

Top News

Dollar General Shifts Away From Self-Checkout To Curb Theft

Dollar General is revamping its checkout process to combat theft and enhance customer service, reflecting a proactive approach to retail management.

Barchart

Stocks Succumb to Bearish PPI and Retail Sales Reports

The S&P 500 Index ($SPX ) (SPY ) is down -0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.13%. Stocks faded from early gains and are currently trading mildly lower on today's bearish PPI...

The Street

Walmart and Target make key self-checkout changes to fight theft

Both chains are making changes customers may not like, but self-checkout isn't going anywhere, according to one industry expert.

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