Dollar store chains concerned about rising prices
August 26, 2022
Dollar General and Dollar Tree reported positive sales in the most recent quarter, but both are concerned that inflation may cut into their business results going forward. Dollar Tree CEO Mike Witynski pointed to consumers being “pressured by higher costs for food, fuel, rent and more” as a reason for concern. Dollar General CEO Todd Vasos cautioned about “economic uncertainty” brought about by inflationary pressures.
Recent News
NHTSA Investigates Tesla Autopilot Again After Recent Software Update
Tesla Autopilot is once again the subject of an NHTSA investigation.
Home Depot Holds Halfway to Halloween Sale: Skelly’s Back
It’s halfway to spooky season, and Home Depot is celebrating.
Kaiser Discloses Health Insurance Data Breach
Health insurance company Kaiser is notifying millions of its current and former members about a data breach. The breach occurred when Kaiser shared patients’ information with third-party advertisers like Google, Microsoft, and X (formerly Twitter).
Satirical Site The Onion Acquired by Global Tetrahedron
The satirical news website, The Onion, has been sold by G/O Media to a group of digital media veterans.