Dollar General Corp
Target wants shoppers to think of it for groceries as retailer braces for leaner spending
About 21% of Target’s annual sales come from the food and beverage category, but its grocery aisles have taken on added importance as shoppers buy fewer discretionary items. Melissa Repko | CNBC For many Americans, a trip to Target brings to mind a shopping cart filled with throw pillows, makeup or a cute outfit. The […]
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Bed Bath & Beyond store closures will kick off a land grab for fast-growing retailers
A closed Bed Bath & Beyond store in San Francisco, California, US, on Monday, April 24, 2023. David Paul Morris | Bloomberg | Getty Images In strip malls across the country, Bed Bath & Beyond stores have “Closing Soon” signs. For other retailers, those may as well be “For Rent” signs. The home goods retailer, […]
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Blocked emergency exits and ‘dangerous’ fire hazards: Dollar General again found in violation of federal workplace safety standards
The exterior of a Dollar General convenience store is seen on March 16, 2023 in Austin, Texas. Brandon Bell | Getty Images Dollar General has again been found in violation of federal workplace safety regulations for “willfully exposing” staff to fire hazards at a Pennsylvania store, the Department of Labor said Friday. Investigators found “dangerous […]
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Dollar General in settlement talks over workplace safety violations, federal agency says
The exterior of a Dollar General convenience store is seen on March 16, 2023 in Austin, Texas. Brandon Bell | Getty Images Dollar General is in settlement talks with federal regulators after the discount retailer was labeled a “severe violator” of workplace safety rules, according to a spokesperson for the Occupational Safety and Health Administration. […]
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Shrinking food stamp benefits for families mean yet another challenge for retailers
A worker carries bananas inside the Walmart SuperCenter in North Bergen, New Jersey. Eduardo Munoz Alvarez | AP For some shoppers who already struggle to cover grocery bills, the budget is getting tighter. This month, pandemic-related emergency funding from the Supplemental Nutrition Assistance Program, formerly known as food stamps, is ending in most states, leaving […]
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Stocks making the biggest premarket moves: Credit Suisse, Snap, Adobe, PagerDuty & more
In this article CSG.N-CH ADBE SNAP META Follow your favorite stocksCREATE FREE ACCOUNT The Snapchat application on a smartphone arranged in Hastings-on-Hudson, New York, US, on Wednesday, Feb. 1, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making the biggest moves in premarket trading: Credit Suisse — U.S.-listed shares of Credit […]
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A significant inflation report and fallout from Silicon Valley Financial institution dangle in excess of marketplaces in 7 days in advance
February’s customer inflation report need to be a major driver for marketplaces in the week forward, as buyers enjoy for ongoing fallout from the shutdown of SVB Fiscal Group’s Silicon Valley Financial institution. The purchaser cost index report on Tuesday is the final key inflation data ahead of the Federal Reserve’s March 21 and 22 […]
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Stocks making the biggest moves premarket: Lucid, Nvidia, Dollar General, Sunrun and more
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT A sign is posted at the Nvidia headquarters on May 25, 2022 in Santa Clara, California. Justin Sullivan | Getty Images Check out the companies making headlines in early morning trading. Lucid Motors — The electric vehicle maker saw shares slide 14% premarket after reporting that fourth-quarter […]
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Amid food inflation, more shoppers turn to dollar stores for groceries
A man looks at frozen foods for sale at a Dollar Store in Alhambra, California on August 23, 2022. Frederic J. Brown | AFP | Getty Images Among all rising costs, sky-high grocery bills have been especially painful. Although the consumer price index, an inflation gauge that measures the cost of a broad basket of goods […]
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UBS claims disinflation may well be the big shock of 2023 — 10 stocks to participate in the pattern
Neglect inflation. Disinflation could be the major surprise of 2023, in accordance to UBS. “Possessing peaked bigger and persisted for more time than most predicted, inflation is eventually rolling in excess of quickly. From right here, we feel the speed of disinflation will also be a lot quicker than marketplaces anticipate,” UBS’ strategist Nicolas Le […]
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