Retailers on Long Island decreased prices considerably after Lidl opened new stores compared to prices collected before Lidl entered the market. The price-cutting effect was more pronounced than previous academic findings about Walmart's entry into a new market where price decreases typically varied between 1% and 2.5 % or 5% at most.
Dollar General accelerates produce initiatives, aims for fresh produce in more than 1,000 stores in 2020- Retail
Successes with adding more fresh produce and perishables are pushing the company to accelerate plans to add more fresh produce and expand the DG Fresh self-distribution initiative.
Dollar General’s staggering footprint of 16,000 stores is getting even bigger in 2020. The company plans to add 1,000, remodel 1,500 and relocate 80 stores next year, with continued enhancements for fresh foods.
Grocery Outlet takes it up a notch for this new store.
Walmart Inc. posted the best same-store sales in nine years, and solid e-commerce growth in the first quarter of 2019, but the company remains vigilant of the price pressures from dollar stores and discounters like Lidl and Aldi.
SAN DIEGO – Deep discount retailers’ growth is on the rise, and independent grocers need to …