Dollar General is taking a key strategy from Costco as it aims to lower costs [Business Insider]
Dollar General Corporation (DG)
Last dollar general corporation earnings: 3/12 06:55 am
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Source: Business Insider
Some Dollar General shoppers may see their favorite items disappearing from shelves as the discount retailer looks to control inventory costs The company said last week that it is slashing as many as 1,000 unique items, referenced by stock keeping units (SKUs), from its product line-up. Exact counts vary by location, but the company previously said most stores tend to carry around 11,000 to 12,000 SKUs As a so-called "limited selection" retailer, Dollar General's count is a mere fraction of the typical US supermarket, which offers about 30,000 to 40,000, or a Walmart Supercenter, which reportedly carries more than 140,000 items. The move inches Dollar General closer to Costco's time-tested strategy for finding savings through simplicity — the wholesale club famously keeps its SKU count to around 4,000 in its warehouses. CEO Todd Vasos hinted at how this looks in practice when he previewed the move in Dollar General's earnings call last December. "We may have five or six dif
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DG
Earnings
- 3/14/24 - Beat
DG
Sec Filings
- 4/29/24 - Form PX14A6G
- 4/12/24 - Form 4
- 4/11/24 - Form 144
- DG's page on the SEC website