Top 100 Retailers Chart 2014 - Small-Format Value
https://nrf.com/news/top-100-retailers
Dollar stores are small compared with traditional supermarkets and supersized discounters, so repeat business is the way to drive traffic. The retailers have added more consumables, including low-margin but frequently purchased groceries. “At these stores, their grocery products have been growing a little bit faster than their non-grocery products,” says David McGoldrick, an analyst with Euromonitor International.
Dollar General and Dollar Tree have seen same-store sales growth slow from their peaks a couple of years ago, but they continue to outpace broader retail industry performance. Family Dollar Stores has been the exception, posting a 2.8 percent comp decline in the final quarter of last year and a drop of 3.8 percent in same-store sales in the second quarter of this year. In spite (or perhaps because) of that, Family Dollar has attracted the attention of activist investor Carl Icahn, who recently disclosed that he is now the retailer’s largest shareholder with 9.4 percent of common stock.
CEO Howard Levine owns 8.2 percent of the company, which this year plans to close some 400 stores even as it continues with plans to open 525 new locations. Family Dollar’s board recently adopted a one-year “poison pill” shareholder rights plan anticipating any takeover attempts that is intended to provide “adequate time to consider any and all alternatives.”
'Retail Issue > •Retailer' 카테고리의 다른 글
2014년 Top 100 Retailers Chart 2014 - Health and Beauty (0) | 2014.06.24 |
---|---|
2014년 Top 100 Retailers Chart 2014 - Sporting Goods (0) | 2014.06.24 |
2014년 Top 100 Retailers Chart 2014 - Drug Stores (0) | 2014.06.24 |
2014년 Top 100 Retailers Chart 2014 - Apparel (0) | 2014.06.24 |
2014년 Top 100 Retailers Chart 2014 - Supermarkets (0) | 2014.06.24 |