Dollar General CEO says shoppers only have enough money for 'basic essentials'
Briefly

Dollar General faces a challenging year in 2025, as CEO Todd Vasos highlighted that customers are increasingly struggling with their finances due to persistent inflation. Many patrons are left with inadequate resources for basic needs, and Vasos does not foresee a positive change in the economic climate. Despite positive sales guidance, Dollar General is adopting a cautious approach similar to other retailers like Walmart, anticipating price hikes due to tariffs affecting various goods. Vasos insists they are positioned to handle current challenges but acknowledges ongoing customer strain.
CEO Todd Vasos stated that customers are sacrificing even on necessities due to worsened financial situations amidst ongoing inflation, with no expected improvement in 2025.
Retailers like Dollar General and Walmart are cautious about consumer spending in 2025, and are preparing for price increases due to tariffs imposed by the Trump administration.
Read at Business Insider
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