Dollar General Analysis

First, let’s look at “For Customers, A Better Life.” Dollar General doesn’t try to carry everything. They narrow their product selection down to include only the most common necessities.

Improving the store internally with more resourceful employees, better lighting and displays, and more organized floor plans will start to change the image of Dollar General that the average public holds. A more respectable store will lead to an increase in customers. Dollar General will then begin developing a system of a more sustainable competitive advantage among the small and large firms of the similar industry.

WalMart continues to have one of the most customer-centric mission statements of all discount retailers globally. Their mission statement is as follows "we save people money so they can live better" (Wal-Mart Investor Relations, 2013). From the first

Burma Shave and Dollar Shave Club are alike in a lot of ways when it comes to the historical perspective. They both utilized popular media at the time. Also, one utilized a clean rhyme, and one utilized humorous analogies, in that way they are different. A clean commercial doesn’t always gain attention and Dollar Shave Club knew that. Each campaign reached their target audience in a way that was popular at the time. Burma Shave put road signs up on Route 66, a highly traveled country highway at the time. Whereas Dollar Shave Club posted their campaign videos on YouTube because it has a huge mass audience. Based on my research, I would have to say that the Dollar Shave Club was more groundbreaking for its time because a lot of companies hadn’t jumped to YouTube for commercials yet, also no one had thought of having a monthly subscription for razors, whereas women already had subscription boxes for clothes, makeup and more.

According to Gibbens, Robert. The Gazette, he states that, past 20 years Dollarama Inc. and chief architect have built 721 unit of national retail chain exceeding $4 billion market value from a small discount store in Matane in Quebec’s Gaspe region. As per the article Rossy open his first store in Montreal in 1992 and was the head buyer besides being the chief executive. “Rossy also innovated on the buying side, cutting deals with the manufacturers, not the distributors that most retailers deal with. He scouted out competitive retailers for items worth $5 and $10 that his suppliers could copy for him to sell for a Lonnie. This enabled Dollarama to offer higher-quality $1 merchandise than most of its competitors, while offering a

1. Evaluate Family Dollar’s retail strategy. Will it work in both good and bad economic times?

This organizational analysis is an assessment of Family Dollar Inc., in regards to its overall strategic Human Resource functions. The analysis and recommendations are based on survey results, which were gathered from key employees in the organization. Based on our survey findings, we were able to assess Family Dollar’s performance in these areas: training and development, pay for performance, performance management,

Dollar General currently operates 11,789 discount merchandise retail stores throughout 43 United States. The majority of its merchandise is priced under $10 dollars and its stores are located in low cost real-estate areas. While reviewing the performance of Dollar Generals financial and strategic position my analysis shows your company has a winning strategy due to the improvements of its performance from 2005 to 2015 by, increasing its profit with shareholder investments, decreasing the number of day’s inventory is held, increasing its liquidity, and sustaining its profit margins.

This analysis contains references to years 2010 and 2009 for Dollar General Corporation, which represent fiscal years ended January 28, 2011 and January 29, 2010 respectively. The main issues which the company is concerned about are its ability to increase sales and profitability and reduce costs in the current economic situation; another issue is an ability to repay an extensive amount of long-term debt which increases its risks.

The Dollar Tree brand of stores has been around since 1986, when Douglas Perry, Macon Brock, and Ray Compton founded the chain as a compliment to their other business, K & K Toys (Parnell, 2014). Through the years, Dollar Tree has acquired several different dollar store and low-end retail chains to grow their business to over 4000 stores (Shetty, 2010). One of the first and most strategic moves that the company made was to shift away from carrying closeout merchandise and to become more of a traditional variety store with a wide variety of basic goods all priced at a dollar or less. To accomplish this change, the chain had to discontinue their current purchasing strategies and had to begin buying directly from manufacturers to change the type of merchandise that they had available for consumers. The second major strategic move involved changing the location of where stores are usually located. Up until this point, the stores had been being in enclosed malls. With this change,

With the exception of supercenters such as Costco and BJ’s, the fastest-growing portion of the overall retail industry in the United States during the past decade has been in the dollar store segment. From 2000-2005 dollar stores had a compound annual growth rate (CAGR) of 10.2% which was nearly double the 5.6% CAGR in the retail industry as a whole. Sales from these discount stores were $24.7 billion in 2000 and were expected to more than double to $51.1 billion in 2009 (Exhibit 8). Two main drivers fueled this growth trend. The first was a cultural shift in consumers towards a bargain-based mentality. This was spurred by an increased presence of retailers with a low cost strategy including Wal-Mart,

From ready-to-eat cereal to convenient meals to wholesome snacks, General Mills is one of the biggest food products manufacturers and competes in growing food categories that are on-trend with consumer tastes around the world. The company markets many well-known brands, such as Haagen Daazs, Yoplait, Betty Crocker, Totinos, and Cheerios, among others. Main rivals include Kellogg, Kraft, Conagra Foods, and Sara Lee. General Mills sells its products in three segments: U.S. retail (63% of net sales), International (25% of net sales), and Bakeries and Foodservices (12% of net sales). In addition, General Mills sells cereals and ice cream through its Cereal Partners Worldwide and Haagen Daazs Japan

This paper highlights the current position of Dollar General Corporation, a multibillion-discount retail giant located in Goodlettsville, Tennessee. The paper also outlines the current debt management issues of the corporation. It further outlines the current problems facing the corporation and general issues on the debt and inventory management issues facing the company. Finally, the paper focuses on the dollar general corporation position in the market and possible solutions to the debt crisis facing the company.

|Vision |“To be most highly valued by the customers we serve, the communities in which we operate, our loyal and committed staff |

“To be the most successful computer company in the world at delivering the best customer experience in markets we serve”