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Dollar General Announces Updates to Store Operations Leadership
Dollar General Corporation (NYSE: DG) announced Steve Sunderland’s intent to leave the Company as its executive vice president, store operations effective January 19, 2024. Steve Deckard, the Company’s current executive vice president, growth and emerging markets, will transition to an expanded role leading store operations across Dollar General retail locations, Mi Súper Dollar General in Mexico, pOpshelf stores, and the corporate store operations teams. In addition to the Company’s domestic and international store operations, Deckard will continue to lead real estate, asset protection and DG’s Wellbeing strategies...
Dollar General Corporation Board of Directors Appoints Todd Vasos as Chief Executive Officer
Dollar General Corporation (NYSE: DG) announced Todd Vasos, current Board member and former Chief Executive Officer (CEO), has been appointed CEO effective today. Vasos, who previously served as Dollar General’s CEO from June 2015 to November 2022, has agreed to return to lead the Company for the foreseeable future. He will remain a member of the Board of Directors, a role he has held since 2015. Vasos succeeds Jeff Owen, whose separation from the Company and resignation from its Board is effective today...
Dollar General Puts ‘Food First’ Through Investment in Private Brands
Dollar General is expanding its private label brand, Clover Valley, to include new on-trend national brand alternatives, debuting more than 100 new items for 2023 including a wider selection of sauces, condiments, entrees, sides, snacks and more at affordable price points with many featuring stylish new packaging designs.
“We have made significant enhancements to our private brands in 2023, and we know how important these value offerings are for our customers,” said Emily Taylor, executive vice president and chief merchandising officer at Dollar General. “We believe these products will...
Dollar General Prunes Annual Outlook as Shoppers Curb Spending; Shares Slide
Dollar General Corp cut its sales and profit forecasts for the year on Thursday as Americans, pinched by higher prices, shopped more for essentials and pared back purchases in categories including home goods and clothes, leading its shares down as much as 20%.
The discount store chain saw traffic to its stores decline during the quarter as its low- to middle-income customer base shifted away from discretionary goods like clothing and houseware - a challenging trend seen across retailers...
Dollar General Promotes Steve Deckard to Newly Created Executive Vice President
Dollar General Corporation announced Steve Deckard has been named executive vice president, growth and emerging markets effective June 1, 2023. Deckard, who most recently served as senior vice president of emerging markets and led the company’s international expansion into Mexico, began his DG career in 2006 as a regional director.
“Over the past 17 years, Steve has played an important role in the expansion of our business, helping to further our mission of Serving Others both in the United States and now Mexico,” said Jeff Owen...
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