Dollar General CEO Todd Vasos said Thursday that the company plans to remove self-checkout from “the vast majority of stores” as part of larger overall shrink reduction efforts that include changes in supply chain and merchandising. Dollar General has already removed self-checkouts from 12,000 of its more than 20,000 stores, Vasos said.
Despite the shrink-related concerns, Dollar General’s Q1 performance beat analyst expectations, driven by better than expected sales, traffic and upside to the operating margin, analysts with Telsey Advisory Group led by Joe Feldman said. The consumables comp was positively offset by negative comps in home, seasonal and apparel, Feldman said.
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