Dollar General tests targeted product cuts to tackle inventory losses

TheStreet

Dollar General CEO Todd Vasos says the chain is testing cuts to lower-volume products and reviewing assortments at high-shrink stores. Shrink includes theft, damage and operating errors; the changes could leave shoppers with fewer choices.

Earlier, Dollar General said it had converted about 12,000 stores away from self-checkout by May 2024, out of roughly 21,000 U.S. locations. CFO Donny Lau said the company saw continued improvement in shrink and damages in Q2, citing strong in-store execution.

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