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Dollar General CEO warns consumers are cash-strapped, and says 2025 won’t be better

Dollar General CEO Todd Vasos stated that inflation is negatively affecting customers, who struggle with basic costs, citing that some have had to sacrifice on necessities.
Vasos indicated that no improvement in the macroeconomic environment is expected in 2025, especially for the core customer.
During the period, Dollar General experienced a 1.1% decline in customer traffic due to ongoing financial pressures on consumers.
Vasos mentioned that uncertainty is partly due to the potential impact of tariffs from President Donald Trump on consumers.

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The Independent

Dollar General CEO makes grim admission amid Trump’s trade war

The CEO of Dollar General has admitted that the chain is “not anticipating improvement” for core customers in 2025, amid President Donald Trump’s ongoing foreign trade wars.

24 hours ago·London, United Kingdom

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retailwire.com

Dollar General, Walmart Warn That Low-Income American Consumers Are in Trouble - RetailWire

Dollar General and Walmart have both issued warnings about the fiscal health of low-income consumers.

1 day ago

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Fortune

Dollar General CFO says shoplifting problem is ‘well in our control’—after taking this step

Good morning. Dollar General is one of the retailers that has grappled with “shrink,” an industry term that primarily defines theft from stores. But the company has been undertaking measures to address the issue, and CFO Kelly Dilts says those efforts are starting to produce some bright spots. “Shrink,” more precisely, is a term retailers use for inventory loss often attributed to theft by shoppers and employees, or damage or errors. It's estima…

1 day ago·New York, United States

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KION

+5 Reposted by 5 other sources

Dollar General warns that the finances of low-income Americans are worsening

By Nathaniel Meyersohn, CNN The economic situation for low-income Americans has worsened in the past year, and more and more shoppers are going without basic necessities. That's the troubling message from Dollar General, which sells inexpensive items and is therefore considered a proxy for the health of low- and middle-income shoppers. Dollar General's "core customers" earn less than $40,000 a year, and the chain has more than 20,000 stores, mos…

1 day ago

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