Dollar Stores Struggle When Walmart Performs Well: Report
Dollar Stores Struggle When Walmart Performs Well: Report
Dollar 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.
美國達樂公司和紐交所的Target Corporation的競爭加劇了美國一美元商店的困境，這威脅了其市場主導地位並影響了其財務前景。
Walmart, in particular, has been successful in drawing away customers from dollar chains by appealing to higher-income consumers, CNN reports.
沃爾瑪公司成功地吸引了高收入消費者，這導致它從美國一美元連鎖店那裏奪得了顧客，CNN報道說。
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.
納斯達克上的Dollar Tree, Inc.在公司修正其年度展望後股價下跌了20%，並將減少歸因於其中低收入客戶面臨的巨大壓力。
This slump follows Dollar General Corporation (NYSE:DG) reducing its full-year forecast, with shares hitting their worst day on record last week.
美國達樂公司降低全年預期後，其股價在上週創下最差的一天。
Also Read: Dollar General Q2 Earnings: Earnings Miss, Slashed Outlook And Shrinking Margins
此外閱讀：美國達樂公司第二季度業績：盈利下滑，業績展望降低和利潤率下降
The dollar store sector is struggling as Walmart and Target aggressively lower prices to attract inflation-weary shoppers, impacting foot traffic to dollar stores.
美國一美元商店在沃爾瑪和Target公司大幅降低價格以吸引消費者的同時，面臨着掙扎，這影響了消費者對美國一美元商店的流量。
Dollar General CEO Todd Vasos acknowledged that Walmart's strong performance in attracting budget-conscious shoppers has contributed to the struggles of dollar stores.
美國達樂公司的首席執行官託德·瓦索斯承認，沃爾瑪在吸引注重預算的購物者方面的強勁表現已經對美國一美元商店的困境做出了貢獻。
"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.
「雖然我們認爲較軟的銷售趨勢在一定程度上歸因於那些在財務上受限制的核心客戶，但我們也知道控制我們能控制的事情的重要性，」首席執行官在上週的新聞發佈會上說。
Despite historical trends where dollar stores benefited from middle-income households trading down during financial stress, this shift has not occurred recently.
儘管在金融壓力期間，中等收入家庭進行交易下跌，便利店從中獲益，但最近這種轉變並沒有發生。
Instead, more affluent customers have increased their spending at Walmart and Target, further affecting dollar store sales.
相反，更富裕的客戶在沃爾瑪和塔吉特上增加了購物，進一步影響了便利店的銷售。
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.
美國達樂公司的前高管大衛·D'Arezzo指出了美國達樂公司與沃爾瑪之間的激烈競爭，指出當沃爾瑪表現出色時，便利店往往面臨更多挑戰。
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