In #financial news, Dollar General's CEO expressed disappointment with the company's second quarter results.
Drug Store News’ Post
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Honeybook Certified Pro | Operations Specialist | Seeking Roles in Event Management & Account Execution
Based off inflation, this is so true. I find it interesting when people expect same pricing from previous years with the current inflation rate. Businesses that reduce their rates or don’t increase them are losing money every year not growing. I hate when I see small businesses falling victim to the pressure to not increase their rates to keep customers. In return, they work harder for less money and make it harder to make a profit. Considering the Dollar Store is now the $1.25 store should say enough. Any business that hasn’t increased their rates by 25% in the past 4 years is losing money. #pricing #smallbusiness #letstalk
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Ask David🤨 Sunday - “What are your predictions for the market in 2024”? I predict that we will have a slower start to the year since January and February tend to be slower. The BOC has talked about lowering interest rates📈 around the springtime, which means the market could pick up and get hot!🔥 Inflation is now hovering on the 3% mark which is also a good sign.👍🏼 #realestate #market #buying #selling #toronto #market #december #realtor #newyear #predictions
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What do Stock Market Indices Indicate? Where's the Financial World going? From my professional training the levels of these Indices indicate whether the country / world economy looks good, is in for a Bull run or if markets are declining we are in for a Recession. Does anyone disagree with this? I was taught that the direction of these markets was some months ahead of where economies currently stand? Well, many markets are at basically all time highs. Even the German DAX Index hit an all time high today of 18980. So, can we say World Markets are predicting a boom / a Bull run? Well, from what I am reading Germany is in Recession, this is a news headline today " Volkswagen is considering unprecedented factory closures in Germany, setting up a showdown with powerful unions as the country’s most important industry fights for its future. STOXX 600 index traded a whisker below its record of last week. US contracts were little changed ". I follow Fox Business News for the US, several times week there's a headline of another Retail chain of stores applying for Chapter 11 Bankruptcy protection. There were 1400 Big Lots stores in the UIS, some have already closed, now they are looking at maybe closing a further 315 stores: https://lnkd.in/dA3F5adv Many American's are really struggling with the cost of living, many are up to their eyeballs in Debt. America is the World's biggest economy, which is consumer spending led! So what is going on! I have no answers, markets are telling us 1 thing, but the Real World is telling us something dramatically different! My view that that of others, is we are in for a massive Recession! I would not touch Bonds, stocks will drop in value, I read that the S & P 500 could drop as much as 70%! Inflation is rearing it's ugly head everywhere! So don't hold cash, don't hold Bonds. Alternative Investments, Structured products from the correct proven experts like Lamer Capital, should serve Investors very well. Real estate at the right price, whatever happens people need as roof over their heads. In a recession and Inflation, hold Gold and Silver. Robert Kiyosaki says tins of Tuna Fish, well you can eat it, it will hold it's value, it could with inflation increase dramatically in value! In 1 video, Robert Kiyosaki said that a Tin of Tuna could go to $5!! Extremely interested to hear and read comments on what I have written above?
Big Lots weighing possibility of bankruptcy filing as sales dwindle
foxbusiness.com
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🛍️ Dive into the heartbeat of the economy with USD Retail Sales m/m! 💸Stay ahead of the curve with this essential gauge! #RetailSales #ConsumerSpending #SheltonStreets #Forex #ForexTrading #EconomicIndicator #MarketInsights #FinancialData #USD #Investing #EconomicTrends #MarketAnalysis
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Cap rates rise even as interest rates from the Federal Reserve stay steady.
Cap Rates on the Rise at Dollar Stores
globest.com
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The retail sector could continue to lead U.S. bankruptcies next year due to continued inflation and high interest rates, but analysts expect easing monetary policy to offer some respite in the second half of 2024. https://lnkd.in/gBtQC8Zg #retail #bankruptcy #landlords #chapter11 #chapter7 #creditorsrights #debtorcreditorsrights #reorganization #landlordtenantmatters #landlordtenants #ceosanddirectors #ceosandofficers #officersanddirectors
US bankruptcy wave may stretch into 2024, but pace could slow
reuters.com
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Dollar General's shares plunged 23% as the retailer cuts its full-year outlook, citing financially constrained customers. With earnings and revenue missing expectations, the discount retailer faces challenges in a tough economic climate. Will Dollar General bounce back? #DollarGeneral #RetailTrends #EarningsReport #RetailNews #Economy
Dollar General shares crater 20% as retailer cuts outlook, blaming 'financially constrained' customers
cnbc.com
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Important Note for Retail investors only ( not for "experts") 😊 Every year there will be barrage of articles about which sector is over valued and which sector is looking for great returns. For 2024, the pundits have declared the Large caps will be where the monies will be moving to and small, midcaps might have some "consolidation" year ( meaning flat or negative returns). Imagine, if wide number of people read these articles and do indeed move their capital towards large cap, then the mass capital is invested in Large caps and it leaves pretty less scope for "alpha" (meaning returns higher than the benchmark) Most losses (even through opportunity cost) are made by continuously switching funds and chasing "alpha" funds. Instead, stay put with your funds ( max 4 ) and continue monthly investments. Ignore this noise and just keep monitoring. Even if the funds do not beat the benchmark - that is FINE! We don't have anyone to show our report cards, what we need to look is if it has matched our returns expectations (12-13%) and met our goals comfortably. #wealth #personalfinance #investments #growth #indiastory #economy
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