As the marketplace looks forward to 2021, Placer.ai has designated several trends that could define how next year unfolds including where and when shopping might change.
The Dollar General Literacy Foundation has announced three initial grant recipients named as part of a $5 million racial justice and education commitment shared earlier this year. Recipients are the Equal Justice Initiative, Operation Hope and Inroads.
Dollar General plans to award approximately $50 million in additional appreciation bonuses to eligible frontline employees in the fourth quarter, doubling its planned investment in these bonuses in the back half of the year and bringing its third and fourth quarter commitment to approximately $100 million in total.
To boost its capacities in the Midwest, Dollar General plans to build a combination dry and DG Fresh distribution center in Blair, NE.
Dollar General said it will hold a pre-holiday sales event on Friday, November 13 with deals to help families save more this holiday season.
Dollar General is rolling out its newest retail store concept, popshelf, which looks to compete with retailers such as Five Below. The company said the new store aims to engage consumers with a fun, affordable shopping experience where they can find on-trend seasonal and home décor, housewares, health and beauty, home cleaning supplies, party goods, entertaining needs and more, with approximately 95% of items priced at $5 or less.
Dollar General has named Emily Taylor evp/chief merchandising officer amid several executive changes.
Dollar General has promoted Kathy Reardon to evp/chief people officer. Reardon joined Dollar General in 2009 and has most recently served as senior vice president and chief people officer since March 2019.
Everyday necessities and electronics have gotten a pandemic boost, and according to Placer.ai, that has led to strong rebounds in store visits to Dollar General, Dollar Tree and Best Buy.
When it comes to store visitors, Walmart’s recovery from coronavirus-related lows is proceeding more slowly than Target’s and is entangled with home center and dollar store retailers, according to Placer.ai.
At a time when coronavirus still is affecting business operations, Dollar General will hold its 2020 Supplier and Diversity Innovation Summit digitally on September 16.
Dollar General has added a $25 million investment in retail, distribution center and fleet employee bonuses to demonstrate continued appreciation for the efforts of employees during the company’s first quarter 2020. This brings the total investment in employee appreciation bonuses to approximately $60 million.
Dollar General has opened its first store in Washington state, increasing its national presence to 46 states. The store opening in Cathlamet will provide Wahkiakum County residents with household essentials at everyday low prices in a convenient location.