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| REARDON KATHLEEN AEVP & Chief People Officer | Sell | 5,578 | $732.6K | Thu, Sep 3 |
Dollar General is gearing up to report its third-quarter results soon, and analysts are expecting a single-digit rise in earnings.
The discount chain, which gets most of its sales from households earning under $35,000, has failed thousands of price inspections and paid millions in state settlements. Now federal regulators are suing.
Days after a $1.9 million settlement, the discount retailer faces federal allegations involving thousands of stores and nearly 30,000 pricing complaints.
Democrats urge FTC to tackle ‘systemic failure’ of biggest convenience and dollar stores over pricing practices after Guardian investigations Thirty-four members of Congress are calling on the Federal Trade Commission to investigate reports of widespread…
Dollar General hasn’t lived up to its name, and has in fact bamboozled consumers out of many of their hard-earned dollars, according to a new complaint from the Federal Trade Commission.
Dollar General (DG) reached $126.86 at the closing of the latest trading day, reflecting a -1.21% change compared to its last close.
The Federal Trade Commission and attorneys general from 20 states, including Tennessee, have sued Dollar General, alleging the Tennessee-based retailer engaged in deceptive pricing practices by routinely charging customers more than the prices advertised.
The U.S. Federal Trade Commission has filed a new lawsuit against Dollar General.
Dollar General "has routinely charged customers more at the register than the prices displayed on shelves, price tags, and advertisements," court documents say.
Dollar General has been accused by the FTC, 20 states and New York authorities of routinely charging higher checkout prices than shelf labels, leading to a US$1.875 million New York settlement and mandated pricing controls after the events were investigated…
Fed-up shoppers filed more than 29,000 complaints about mislabeled prices, and regulators say the chain knew and didn’t fix it.
The new lawsuit against Dollar General (DG) from the Federal Trade Commission and 20 states puts the retailer’s core promise of low, transparent pricing under scrutiny and creates fresh questions for shareholders to weigh.