by Andrew Ancheta | Nov 25, 2023
The next time you stop at the dollar store, imagine getting a blood test on the way out. That’s already possible for some shoppers in Clarksville, Tenn., where Dollar General is experimenting with mobile clinics at some of its stores. From the parking lot, the mobile...
by Andrew Ancheta | Oct 5, 2023
Dollar General opened its first store in Montana on Saturday, extending its reach throughout the U.S. With the latest expansion to the Treasure State, the discount retailer now has footholds in all 48 continental states, as well as Mexico. The new location is in...
by Andrew Ancheta | Sep 27, 2023
Dollar stores are offering a different type of bargain these days: their stocks. Discount retailers like Dollar General, Dollar Tree, and Big Lots have experienced sharp drops in their stock prices, as consumers feel the pinch of inflation. While the entire retail...
by Cailley LaPara | Nov 25, 2022
Fashion rental startup Rent the Runway touted an audacious goal for about a year: become the “Amazon Prime of Rental.” In March 2019, co-founder and chief executive Jenn Hyman gave CNBC anchors an idea of what she meant. “Anything that you do not use...
by Cailley LaPara | Nov 5, 2022
As Rent the Runway wraps up its first year on the stock market, the company is expected to see continued revenue growth as it seeks profitability. Investors will be focused on the company’s active subscriber count for evidence of executives’ assurance of a...
by Cailley LaPara | Oct 9, 2022
Rent the Runway (RENT) announced plans to lay off nearly a quarter of its employees, a sign that the luxury apparel rental company is adjusting painfully to an uncertain retail environment. The layoff disclosure September 12 was the main piece in a restructuring plan...