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Dollar General

Business
Dollar Tree Sells Family Dollar For $1B As Tariffs, Online Rivals Pressure Discount Chains Dollar Tree Sells Family Dollar For $1B As Tariffs, Online Rivals Pressure Discount Chains
Dollar Tree Sells Family Dollar For $1B As Tariffs, Online Rivals Pressure Discount Chains Family Dollar is being sold for $1 billion — about one-ninth of what Dollar Tree paid for it a decade ago — as discount chains nationwide face fierce online competition and President Donald Trump's tariff threats. Dollar Tree will offload Family Dollar to Brigade Capital Management and Macellum Capital Management, the company said in a news release on Wednesday, Mar. 26. The deal follows a full review of strategic alternatives and is expected to close later this spring. Family Dollar will stay headquartered in Chesapeake, Virginia. The chain's current president Jason Nordin w…

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by Chris Spiker
Business
Dollar General Closing 140+ Stores, Profits Drop As Retailers Struggle Nationwide Dollar General Closing 140+ Stores, Profits Drop As Retailers Struggle Nationwide
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, the company said in a news release on Thursday, Mar. 13. There are about 20,434 Dollar General stores and 231 pOpshelf locations, according to data company ScrapeHero. Another six pOpshelf stores will be converted into Dollar General locations. "As we look to build on the substantial progress we made …

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by Chris Spiker
Business
Frozen Waffle Listeria Recall Expands To 14+ Grocery Store Brands Frozen Waffle Listeria Recall Expands To 14+ Grocery Store Brands
Frozen Waffle Listeria Recall Expands To 14+ Grocery Store Brands A massive voluntary recall has been issued for frozen waffles sold by over 14 different grocery store chains nationwide due to the potential contamination with Listeria monocytogenes, TreeHouse Foods, Inc. announced on Friday, Oct. 18. Over 500 varieties of frozen waffles manufactured by TreeHouse Foods and sold with the branding of major retailers such as Walmart's Great Value and Target's Good & Gather have been recalled because of possible Listeria.  As stated in the release: "Listeria monocytogenes is an organism that can cause serious and sometimes fatal infections …

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by Jillian Pikora