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Dollar General shares tumbled Thursday after the discount retailer slashed its sales and profit guidance for the full year, suggesting its lower-income customers are struggling in this economy.
At Dollar Tree, the total for all five products came out to $6.75. They were four cents more at Walmart. The price ticked up to $8.45 at Family Dollar, and the total at Publix was $9.81.
The company began in 1939 in Scottsville, Kentucky, as a family-owned business called J.L. Turner and Son, owned by James Luther Turner and Cal Turner. In 1955, the name changed to Dollar General Corporation, and in 1968 the company went public on the New York Stock Exchange. The Fortune 500 recognized Dollar General in 1999, and in 2020 it ...
Houchens Industries is an American employee-owned company, in business since 1917 when it began as a small grocery operated by founder Ervin Houchens in rural Barren County, Kentucky. The company is headquartered in Bowling Green, Kentucky. The company currently operates more than 325 retail grocery, convenience, and neighborhood market stores ...
Dollar General said quarterly gross profit as a percentage of net sales fell to 30% compared to 31.1% during the same period last year due in part to increased markdowns, increased inventory ...
Rural King Supply is a farm supply store based in Mattoon, Illinois, United States. Founded in 1960, as of 2024 the chain has 135 stores in the U.S. states of Florida, Illinois, Indiana, Kentucky, Tennessee, Ohio, Michigan, Missouri, North Carolina, Pennsylvania, Virginia, West Virginia, and Alabama. [1] The company also operates an online ...
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