Dollar Stores Struggle When Walmart Performs Well: Report
Dollar Stores Struggle When Walmart Performs Well: Report
This slump followsDollar stores are experiencing a rough patch. Rising competition from Walmart Inc. (NYSE:WMT) and Target Corporation (NYSE:TGT) is undermining their market dominance and threatening their financial outlook.
美国达乐公司和纽交所的Target Corporation的竞争加剧了美国一美元商店的困境，这威胁了其市场主导地位并影响了其财务前景。
Walmart, in particular, has been successful in drawing away customers from dollar chains by appealing to higher-income consumers, CNN reports.
沃尔玛公司成功地吸引了高收入消费者，这导致它从美国一美元连锁店那里夺得了顾客，CNN报道说。
Dollar Tree, Inc. (NASDAQ:DLTR) shares tumbled 20% on Wednesday after the company revised its annual outlook downward, attributing the cut to significant pressure on its low- and middle-income customers.
纳斯达克上的Dollar Tree, Inc.在公司修正其年度展望后股价下跌了20%，并将减少归因于其中低收入客户面临的巨大压力。
This slump follows Dollar General Corporation (NYSE:DG) reducing its full-year forecast, with shares hitting their worst day on record last week.
美国达乐公司降低全年预期后，其股价在上周创下最差的一天。
Also Read: Dollar General Q2 Earnings: Earnings Miss, Slashed Outlook And Shrinking Margins
此外阅读：美国达乐公司第二季度财报：盈利下滑，业绩展望降低和利润率下降
The dollar store sector is struggling as Walmart and Target aggressively lower prices to attract inflation-weary shoppers, impacting foot traffic to dollar stores.
美国一美元商店在沃尔玛和Target公司大幅降低价格以吸引消费者的同时，面临着挣扎，这影响了消费者对美国一美元商店的流量。
Dollar General CEO Todd Vasos acknowledged that Walmart's strong performance in attracting budget-conscious shoppers has contributed to the struggles of dollar stores.
美国达乐公司的首席执行官托德·瓦索斯承认，沃尔玛在吸引注重预算的购物者方面的强劲表现已经对美国一美元商店的困境做出了贡献。
"While we believe the softer sales trends are partially attributable to a core customer who feels financially constrained, we know the importance of controlling what we can control," the CEO said in a press release last week.
“虽然我们认为较软的销售趋势在一定程度上归因于那些在财务上受限制的核心客户，但我们也知道控制我们能控制的事情的重要性，”首席执行官在上周的新闻发布会上说。
Despite historical trends where dollar stores benefited from middle-income households trading down during financial stress, this shift has not occurred recently.
尽管在金融压力期间，中等收入家庭进行交易下跌，便利店从中获益，但最近这种转变并没有发生。
Instead, more affluent customers have increased their spending at Walmart and Target, further affecting dollar store sales.
相反，更富裕的客户在沃尔玛和塔吉特上增加了购物，进一步影响了便利店的销售。
David D'Arezzo, a former executive at Dollar General, pointed out the close competition between Dollar General and Walmart, noting that when Walmart performs well, dollar stores tend to face more challenges.
美国达乐公司的前高管大卫·D'Arezzo指出了美国达乐公司与沃尔玛之间的激烈竞争，指出当沃尔玛表现出色时，便利店往往面临更多挑战。
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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