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Dollar General works in many markets where residents have access to other stores. It may be close to the series, but they need to ride a bus or ride to visit a grocery store, Wall Mart or warehouse club.
In many cases, the general dollar ((DG)) Customers buy what they need, and this hurts them when it comes to the total price. It is generally desirable to buy toilet paper or paper towels in large quantities, but Dollar General sells one rolls.
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Although Dollar General is not a dollar store, it focused on low prices. The company also realizes that in many cases, its stores are the only option for some customers.
For this reason, the series added new food to thousands of sites. It is limited from product options for people who had fought to put fresh food on their paintings.
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The dollar had a fair share of the struggle last year, although strong numbers were placed. The series plans to close about 100 sites of the same name and 45 stores of bobch.
These are not large numbers, due to the size of the chain, but the moves that are made reflect the operational challenges and economic status of some of its customers.
CEO Todd Vasus has his finger on the pulse of the two public customers and recently participated in some annoying news.
Photo and colon source; Shutterstock
General public clients struggle
Share the vessels during his company The fourth quarter profit call The sales were strong.
“We are here for what matters to customers every day, the importance of our offers and our clarification is clear. During the fourth quarter, we continued to grow their share in the market in dollars and units in very consumable products sales, and the market share in the average product sales grew.
The customer movement decreased by 1.1 % in the quarter. Vasos shared what he learned from public dollar customers.
“Our customers continue to report that their financial situation has worsened over the past year as they were negatively affected by continuous inflation. Many of our customers mention that they have enough money only for basic necessities, noting that they have to strike even the necessities,” participated.
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The company has set its plans for the next year based on the economic situation of its customers.
“With our entry in 2025, we do not expect an improvement in the total environment, especially for our basic customers. In turn, we know that our customers expect the value and comfort more than ever. We are committed to providing the value they need and continuing to feel satisfied with our low daily price status for competitors and other commercial groups.”
The dollar, the general is confident of the political opposite winds
Several retail chains have expressed concerns about the definitions that are placed on the imports of some countries by President Donald Trump. The vessels do not seem interested.
He added: “With regard to the current definitions that were announced on the products we sell, we believe that we are in a good position to reduce the effect in 2025. We managed to successfully alleviate the impact of the customs tariff in 2018 and 2019, although we took an increase in retail prices in some cases alongside others in the industry.”
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The CEO is concerned about his customers’ ability to deal with price increase.
He said: “Given the actual financial situation already for our basic customers, we closely monitor this and any other possible windows, including any changes on government entitlement programs. Most importantly, we continue to focus on doing everything we can to provide the value that our customers want and need them.”
