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Dollar General Sinks as Fizzling Sales Spur New Forecast Cut

(Bloomberg) Dollar General Corp., already on track for its first annual share decline, plunged again after slashing its profit forecast for the second straight quarter amid new signs that the discount retailer is losing ground to rivals. Most Read from BloombergUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallHong Kong to Shut Down City Before Super Typhoon Saola HitsUS Health Officials Urge Moving Pot to Lower-Risk CategoryEurope's Biggest Oil Company Quietly Shelves a Radical Pla

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Transcripts for BBCNEWS Breakfast 20240604 06:10:00

the strikes ultimately will impact patients, in particular, those patients waiting for their operations. the consultants have already announced more strike days in early october and, as with their more junior colleagues, there s little sign of any compromise from either side in this dispute. dominic hughes, bbc news. the union representing staff at wilko says the majority of stores will close within weeks after a deal to buy the discount retailer fell through. ben has the details. it isa it is a big business story but at the sharp end a lot of people whose jobs are going. you are right. redundancies are likely and at least some stores will close, according to the administrators who ve been trying to find a buyer to rescue the struggling retail chain. wilko has been trading for almost a hundred years but announced earlier this month that it was going into administration, putting 12,500 jobs at risk. the retailer, which sells home and garden items,

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Transcripts for BBCNEWS Breakfast 20240604 05:08:00

in early october and, as with their more junior colleagues, there s little sign of any compromise from either side in this dispute. dominic hughes, bbc news. the union representing staff at wilko says the majority of stores will close within weeks after a deal to buy the discount retailer fell through. ben has the details. a worrying time for staff. redundancies are likely and at least some stores will close according to the administrators who ve been trying to find a buyer to rescue the struggling retail chain. wilko has been trading for almost a hundred years but announced earlier this month that it was going into administration, putting 12,500 jobs at risk. the retailer, which sells home and garden items, has 400 stores around the uk. has 400 stores around the uk. many of them are in expensive high street locations in town centres while shoppers increasingly switch to retail parks.

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5 Things You Can Buy at Dollar Tree That Will Actually Save You Money Long-Term

You already know shopping at Dollar Tree can save you money, but it can actually save more thank you think. If you currently view the store as a way to cut costs on largely disposable, single-use.

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Retail Earnings Provided Clear Customer Behavior Insights That Benefited Discount Retailers And Left High-End Retailers In The Dark

Like TJX Corporation (NYSE: TJX), Ross Stores Inc (NASDAQ: ROSS) thrived as consumers drifted away from high-end retailers. Ross Stores topped quarterly estimates and improved its outlook, with its shares rising about 6% on Thursday upon Thursday's report during extended trading. Premium cosmetics giant, The Estee Lauder Companies (NYSE: EL), issued a weak guidance and slow recovery of its business in Asia. Farfetch Limited (NYSE: FTCH) stock tanked after the luxury fashion e-commerce retailer p

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