Variety stores

Cap Rates for Net Lease Dollar Store Properties Compress to Historic Levels | The Boulder Group

Retrieved on: 
Wednesday, July 28, 2021

WILMETTE, Ill., July 28, 2021 /PRNewswire/ -- The Boulder Group announced the release of its Net Lease Dollar Store Report today.

Key Points: 
  • WILMETTE, Ill., July 28, 2021 /PRNewswire/ -- The Boulder Group announced the release of its Net Lease Dollar Store Report today.
  • In the second quarter national asking cap rates in the single tenant dollar store sector compressed to 6.11%, according to the 2021 Net Lease Market Report.
  • "Cap rates for in the dollar store sector reached new historic low levels for Dollar General and Dollar Tree," says Randy Blankstein, President, The Boulder Group.
  • "Throughout the course of the Covid-19 pandemic, investor demand in the dollar store sector increased to record levels," adds Jimmy Goodman, Partner, The Boulder Group.

Dollar General Announces Opening of Newest Store-within-a-Store Concept

Retrieved on: 
Wednesday, July 28, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210728005307/en/
    Dollar General Announces Opening of Newest Store-within-a-Store Concept; First Two DG Market + pOpshelf Stores Now Open Near Nashville (Photo: Business Wire)
    2907 Highway 31 West in White House, Tennessee
    4491 Lebanon Pike in Hermitage, Tennessee.
  • We have been pleased with customers positive initial reactions, and we look forward to welcoming additional customers to experience our newest format.
  • The Company plans to host a community grand opening celebration for each location on Saturday, July 31 beginning at 7 a.m.
  • Dollar General first announced the new pOpshelf concept in October 2020 and has since opened 16 stores in three states.

DGAP-News: Steinhoff International Holdings N.V. : ​​​​​​​PEPCO GROUP - Quarter 3 Trading Announcement

Retrieved on: 
Friday, July 16, 2021

Steinhoff International Holdings N.V. ("Steinhoff" and with its subsidiaries, the "Group").

Key Points: 
  • Steinhoff International Holdings N.V. ("Steinhoff" and with its subsidiaries, the "Group").
  • Shareholders are advised that Steinhoff's subsidiary, the fast-growing pan-European variety discount retailer, Pepco Group, owner of the PEPCO and Dealz brands in mainland Europe and Poundland in the United Kingdom, has today released a trading update for the third financial quarter ending 30 June 2021.
  • The trading update is available on the Pepco Group website ( https://www.pepcogroup.eu/ ).
  • Steinhoff has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.

Retailers Seeing 'Light at the End of the Tunnel' in Northern New Jersey, Says R.J. Brunelli & Co. President

Retrieved on: 
Wednesday, April 28, 2021

"This languishing activity resulted in a 3.1% drop in the market rent on a per square foot basis.

Key Points: 
  • "This languishing activity resulted in a 3.1% drop in the market rent on a per square foot basis.
  • Discount retailer Dollar Tree, for one, signed leases for eight new Dollar Tree stores and one new Family Dollar store in New Jersey in 2020, Brunelli notes.
  • "Real estate professionals spent less time on the roads and had more time to pick up the phone and talk," Brunelli writes.
  • "\nThis spirit of collaboration led to new professional relationships and rapid business adjustments, including the launch of new retail prototypes.

Dollar General to Donate More Than 100,000 Books to Elementary Schools

Retrieved on: 
Tuesday, April 27, 2021

b"Dollar General (NYSE: DG), in partnership with Kellogg Company, plans to donate more than 100,000 new books to elementary schools across the country to help celebrate new DG store openings.

Key Points: 
  • b"Dollar General (NYSE: DG), in partnership with Kellogg Company, plans to donate more than 100,000 new books to elementary schools across the country to help celebrate new DG store openings.
  • The program demonstrates the Company\xe2\x80\x99s mission of Serving Others by supporting literacy and education in the communities Dollar General calls home.
  • With each new store grand opening, Dollar General plans to donate 100 new books for students ranging from kindergarten to fifth grade at nearby elementary schools.\n\xe2\x80\x9cDollar General is proud to celebrate our new store openings by investing in the book collections of our local elementary school libraries,\xe2\x80\x9d said Denine Torr, Dollar General\xe2\x80\x99s vice president of corporate social responsibility and philanthropy.
  • Since its founding in 1993, the Dollar General Literacy Foundation has awarded more than $186 million to support literacy and learning.

Dollar Tree, Inc. Announces the Addition of Alasdair James as Executive Vice President, Merchandising and Supply Chain

Retrieved on: 
Tuesday, April 13, 2021

b'Dollar Tree, Inc. (NASDAQ: DLTR) today announced that Alasdair James has recently joined the organization as Executive Vice President, Merchandising and Supply Chain.\nMr.

Key Points: 
  • b'Dollar Tree, Inc. (NASDAQ: DLTR) today announced that Alasdair James has recently joined the organization as Executive Vice President, Merchandising and Supply Chain.\nMr.
  • James, age 50, has substantive retail executive experience, most recently serving as Chief Executive Officer at Pier 1 Imports, after serving as President of Kmart for several years.
  • Mr. James will be responsible for Merchandising, Global Sourcing, Marketing, Inventory Management, and Logistics, and will report to Michael Witynski, President and Chief Executive Officer.\n\xe2\x80\x9cI am very pleased to announce that Alasdair James has joined Dollar Tree as EVP, Merchandising and Supply Chain,\xe2\x80\x9d stated Mr. Witynski.
  • I have admired the Dollar Tree and Family Dollar brands as they have delivered value and convenience to their customers for decades.

Dollar Tree and Family Dollar Hiring at U.S. Stores and Distribution Centers

Retrieved on: 
Thursday, April 8, 2021

Dollar Tree, Inc. (NASDAQ: DLTR) today announced plans to support its growth by hiring thousands of full- and part-time associates at Dollar Tree and Family Dollar stores and distribution centers across the U.S.

Key Points: 
  • Dollar Tree, Inc. (NASDAQ: DLTR) today announced plans to support its growth by hiring thousands of full- and part-time associates at Dollar Tree and Family Dollar stores and distribution centers across the U.S.
  • All Dollar Tree and Family Dollar stores offer a monthly Store Manager Bonus Program, which rewards store managers for performance.
  • Dollar Tree, a Fortune 200 Company, operated 15,685 stores across 48 states and five Canadian provinces as of January 30, 2021.
  • Stores operate under the brands of Dollar Tree, Family Dollar, and Dollar Tree Canada.

Dollar General Corporation Announces Webcast of its Fourth Quarter 2020 Earnings Conference Call

Retrieved on: 
Thursday, February 18, 2021

Dollar General Corporation (NYSE: DG) today announced that it plans to release its financial results for the fiscal 2020 fourth quarter and full year ended January 29, 2021, on March 18, 2021.

Key Points: 
  • Dollar General Corporation (NYSE: DG) today announced that it plans to release its financial results for the fiscal 2020 fourth quarter and full year ended January 29, 2021, on March 18, 2021.
  • To participate via telephone, please call (877) 407-0890 at least 10 minutes before the conference call is scheduled to begin.
  • Dollar General Corporation has been delivering value to shoppers for more than 80 years.
  • Dollar General operated 16,979 stores in 46 states as of October 30, 2020.

Dollar Tree and Family Dollar Donated $2.7 Million to Charitable Partners in 2020

Retrieved on: 
Monday, February 15, 2021

Additionally, vendor partners and customers donated millions of dollars throughout the year to the charitable partners, including a $1 million gift from The Coca-Cola Company.

Key Points: 
  • Additionally, vendor partners and customers donated millions of dollars throughout the year to the charitable partners, including a $1 million gift from The Coca-Cola Company.
  • We are so thankful to have Dollar Tree, Family Dollar, and The Coca-Cola Company as dedicated partners to our mission.
  • Dollar Tree, a Fortune 200 Company, operated 15,606 stores across 48 states and five Canadian provinces as of October 31, 2020.
  • Stores operate under the brands of Dollar Tree, Family Dollar, and Dollar Tree Canada.

Instacart and Family Dollar Partner to Launch National Same-day Delivery

Retrieved on: 
Thursday, February 4, 2021

"Family Dollar offers a variety of low-cost items for the entire family, and we're proud to partner with them to offer same-day delivery nationwide.

Key Points: 
  • "Family Dollar offers a variety of low-cost items for the entire family, and we're proud to partner with them to offer same-day delivery nationwide.
  • To begin shopping from Family Dollar, customers can visit www.instacart.com/family-dollar or download the Instacart app on their mobile device.
  • Instacart offers an Instacart Express membership that includes reduced service fees and unlimited free delivery on orders over $35.
  • Family Dollar, a leading operator of discount variety stores, is a wholly-owned subsidiary of Dollar Tree, Inc. (Nasdaq: DLTR).