Benzinga
  • 3 weeks ago
Shares of Dollar Tree and Dollar General have dropped over 40% this year, as both retailers struggle with weaker-than-expected sales. Leadership changes and cut forecasts have added to their challenges. The stores face increasing competition from Walmart, Amazon, and others, as well as operational issues like overcrowded stores and staff shortages. The companies have expanded product pricing and promoted seasonal sales but still struggle to attract customers.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02Shares of Dollar Tree and Dollar General have dropped over 40% this year as both retailers
00:07struggle with weaker than expected sales.
00:09Leadership changes and cut forecasts have added to their challenges.
00:13The stores face increasing competition from Walmart, Amazon and others, as well as operational
00:17issues like overcrowded stores and staff shortages.
00:21Companies have expanded product pricing and promoted seasonal sales, but still struggle
00:25to attract customers.
00:26For all things money, visit Benzinga.com slash GSTV.

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