{"id":303,"date":"2026-06-03T04:47:39","date_gmt":"2026-06-03T04:47:39","guid":{"rendered":"https:\/\/coasttocoastmoverss.com\/?p=303"},"modified":"2026-06-03T04:47:39","modified_gmt":"2026-06-03T04:47:39","slug":"dollar-general-once-reported-1-billion-in-lost-or-stolen-merchandise-heres-what-changed","status":"publish","type":"post","link":"https:\/\/coasttocoastmoverss.com\/?p=303","title":{"rendered":"Dollar General Once Reported $1 Billion In Lost\u2014Or Stolen\u2014Merchandise. Here\u2019s What Changed."},"content":{"rendered":"<div>\n<h2>Surprising Fact<\/h2>\n<p>Dollar General\u2019s inventory shrink of $928 million was roughly 84% of its $1.1 billion net income in 2024, underscoring merchandise losses as a headwind on profits.<\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=299\">Larry Ellison Becomes Second Richest In The World\u2014Surpasses Bezos, Brin And Page In 2 Days<\/a><\/p>\n<h2>Key Background<\/h2>\n<p>Dollar General has taken steps in recent years to reduce inventory losses from theft and damages, announcing in 2024 that it would start removing self-checkout stands from hundreds of stores. The retailer said in 2022 that self-checkout could \u201cenhance\u201d convenience for shoppers while allowing staff to \u201cdedicate even more time to serving customers,\u201d as Dollar General tested stores with only self-checkout kiosks. CEO Todd Vasos, who returned from retirement in 2022 before returning less than a year later to lead the retailer\u2019s turnaround, said a decision to cut self-checkout would likely have a \u201cmaterial and positive impact\u201d on shrink. Improvements on shrink improved Dollar General\u2019s profits through 2025: In Q1, the company reported a 31% increase in gross margin, or the percentage of sales a company keeps after paying for the product it sells, citing a reduction in shrink. <\/p>\n<p>Read more <a href=\"https:\/\/coasttocoastmoverss.com\/?p=297\">Intuit Becomes S&amp;P 500\u2019s Worst Performer This Year: Here\u2019s Why<\/a><\/p>\n<h2>Further Reading<\/h2>\n<p><span><span>Forbes<\/span><span>Fast Food Chains\u2014McDonald\u2019s, Taco Bell, Burger King\u2014Win As Low-Income Diners Crack Under Rising Gas Prices<\/span><small>By <span>Alicia Park<\/span><\/small><\/span><span><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Profits for the discount retailer jumped after it reported a further decline in losses from shoplifting and damages. <\/p>\n","protected":false},"author":1,"featured_media":302,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dollar General Once Reported $1 Billion In Lost\u2014Or Stolen\u2014Merchandise. 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