Remove 2008 Remove Consumer Remove Management Remove Promotions
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Dollar General promotes 18 executives

Mass Relators

Dollar General has promoted 18 executives to new roles at the company. Leslie Allen Leslie Allen has been promoted to senior vice president, human resources. Christine Connolly Christine Connolly has been promoted to senior vice president, corporate secretary and assistant general counsel, securities and governance.

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Dollar General CEO to Retire, COO Named as Successor

Retail TouchPoints

Vasos joined Dollar General in 2008 as the company’s EVP, Division President and CMO. Incoming CEO Owen’s promotion to the top role aligns with Dollar General’s reputation for promoting within. He began his career with the company as a store manager trainee in Nashville, Tenn.

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Supporting a Workforce That Supports the Community

Retail TouchPoints

As high inflation continues to pose a challenge for the American consumer, research shows that two-thirds of Americans plan to still spend the same or more on retail purchases in 2023. However, it’s no surprise that many of those consumers plan to prioritize shopping for bargains in-store.

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Consumer Spending Will Be Our Best Economic Barometer

Retail TouchPoints

We don’t have a COVID-19 crystal ball to see how this uncertainty will pan out, but we can see that consumer spending is shifting amid the pandemic. Disposable income and the savings rates for consumers — despite the nearly Great-Depression-level unemployment numbers — are at multi-year highs. Consumers may do one of three things: 1.

Consumer 112
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UK Q3 Retail Performance Expectations

Retail Focus

This represents the lowest point since Q3 2020 when the UK was in the midst of tiered lockdown restrictions and about to enter Lockdown 2, and -23 points lower than Q3 2008, at the start of the Financial Crisis and the beginning of the Credit Crunch. percentage points quarter-on-quarter.

Consumer 130
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Thankyou co-founder Daniel Flynn on balancing ‘work-life tension’

Inside Retail

Daniel Flynn: My retail journey began in 2008 when I co-founded Thankyou – little did I know how much of a rollercoaster it would become. We were forced to think outside of the box, and so began the unconventional consumer-led campaigns we’ve become known for, which landed us in 7-Eleven, Coles and Woolworths. DF: I have many!

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No one will escape: Industry leaders on navigating the retail recession

Inside Retail

With high inflation and climbing interest rates, consumer sentiment is set to plunge further, with retail spending set to decline in the June quarter. But what are the implications of a retail recession, and just how damaging will it be for retailers and consumers? The consumer is certainly hurting,” he said.

Consumer 246