Dollar General Is Making a Bold Move by Offering Same-Day Delivery. Why It Could Make or Break the Stock

Dollar General (NYSE: DG) is a business that needs a catalyst to turn things around, desperately. Over the past 12 months, it has lost more than 40% of its value. Simply opening more stores for the sake of increasing sales hasn't been paying off.The large discount retailer is facing many challenges these days. It has said in the past that its core customers are struggling, and many of those cash-strapped shoppers are turning to online retailers for cheap goods. Even if it means waiting a few weeks, shoppers are becoming increasingly comfortable using sites like Temu (which PDD Holdings owns) for the sake of cutting costs.Dollar General isn't surrendering, however. The company is planning to offer same-day delivery. Depending on how the rollout goes, that could make or break the stock's performance over the next few years.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool