Dollar General posts second-quarter same-store sales gains of 5.1%
GOODLETTSVILLE, Tenn. — Dollar General on Wednesday posted net sales of $4.4 billion for the second quarter ended Aug. 2, up 11.3%.
“Dollar General delivered another solid quarter. Our same-store sales growth for the second quarter of 2013 accelerated to 5.1%," stated Rick Dreiling, Dollar General chairman and CEO. "We are very pleased with the increase in customer traffic in our stores. We continue to grow our market share and believe that our second-quarter results position us well to deliver our financial outlook for the year."
Consumables sales continued to increase at a higher rate than non-consumables in the 2013 quarter, Dollar General reported, with the most significant growth related to the company’s newly introduced tobacco products and strong sales of perishables and candy and snacks. Same-store sales growth was solid in seasonal and apparel, and the trend in home products improved from the 2013 first-quarter results.
Dollar General shares were up $2.20 to $56.10 in early morning trading.
Get connected and follow us on LinkedIn for the most in-depth coverage of drug store news. Join the conversation.
New interactive beauty kiosk launches in major airports
SAN FRANCISCO — ZoomSystems, a provider of automated retail, has teamed up with Benefit Cosmetics to deliver an interactive, branded retail kiosk for travelers to access in major airports.
“We’re excited to help a global brand like Benefit build its multi-channel retail strategy to reach more customers, by not only providing an authentic brand message, but also Benefit’s best-selling makeup and skin care products,” stated Jack Lawrence, ZoomSystems CEO. “With this ground-breaking partnership, ZoomSystems and Benefit are giving travelers on-the-go access to the beauty products they love in an engaging, fun, Benefit-themed way.”
ZoomSystems developed and will operate the “Glam Up & Away!” interactive automated beauty retail kiosks for Benefit Cosmetics, which are standalone, unattended retail kiosks. The kiosks have been installed in major airports, including New York (JFK), Houston (IAH), Las Vegas (LAS), Austin (AUS), Cleveland (CLE) and Savannah (SAV), with more to launch soon.
“High-traffic airports are the next beauty battleground for prestige cosmetics brands. Benefit is grabbing first-mover advantage,” added Jean Andre Rougeot, Benefit Cosmetics CEO.
Benefit Cosmetics will offer 30 of its best-selling products and instant beauty solutions in each kiosk.
“It’s wow on wheels,” stated Julie Bell, Benefit Cosmetics EVP global marketing. “What a sexy, fun and innovative way to introduce Benefit’s witty and playful personality to the hundreds of millions of travelers who fly every year.”
Walmart’s philanthropic arm donates nearly $1.3 million to anti-obesity initiative
TALLAHASSEE, Fla. — The Walmart Foundation is donating $1.29 million to the Institute for America’s Health to expand its anti-obesity program at schools in major cities, the IAH said.
The organization said it would use the money to expand the program at 30 elementary schools in Atlanta, Chicago and Washington and fund a statewide expansion of the program in Alabama. The Walmart Foundation donated $1 million to fund the program last year as well.
"We are extremely grateful to the Walmart Foundation for their continued support of our efforts to introduce nutrition education and physical activity to children across America," IAH executive director Stuart Reese said.