
Dominick Reuter
Senior Reporter at Business Insider
Articles
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2 days ago |
businessinsider.com | Ashley Rodriguez |Dominick Reuter |Henry Blodget
Dollar General's string of good results continues, thanks in part to higher-income shoppers. The retailer delivered strong revenue growth of 5.3% for the first quarter, with comparable sales increasing by 2.4% over the same period last year. Last year's numbers were strong, too. CEO Todd Vasos said the growth was propelled by the dollar store's delivery initiatives, including a partnership with DoorDash, which are attracting a "new and diverse" set of customers.
The Nintendo Switch 2 launches this week — and it'll give a much-needed boost to Target and Best Buy
3 days ago |
businessinsider.com | Steven Tweedie |Dominick Reuter |Henry Blodget
Whether it's Black Friday, a limited-edition Stanley Quencher, or something new from Taylor Swift, there's nothing like a blockbuster sales event to get retailers' juices flowing. And at a time when trade chaos and economic uncertainty have dimmed the financial results for companies like Target and Best Buy, Thursday's launch of Nintendo's new Switch 2 gaming device is a welcome shot of good news in the retail world.
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4 days ago |
businessinsider.com | Steven Tweedie |Dominick Reuter |Henry Blodget
President Donald Trump's tariffs appear to be hitting the shelves at Walmart and Target stores across the US. Walmart employees have been sharing photos recently on the Walmart subreddit showing sharp price increases of as much as 45% at the retail giant. Meanwhile, some of the items have also seen price increases at rival retailer Target. In one example, a Walmart label shows the price of a Jurassic World T. Rex toy jumping from $39.92 on April 27 to $55 on May 21, an increase of nearly 38%.
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1 week ago |
businessinsider.com | Lauren Steussy |Dominick Reuter |Henry Blodget
One really important — and often overlooked — thing about coming up with a new product idea is finding a way to make it. That's what Cirkul co-founders Garrett Waggoner and Andy Gay discovered when they came up with a concept for a water-enhancing flavor cartridge system back in 2015. "The Cirkul cartridge was such a novel form factor, and no one had ever done anything like it before," Waggoner told Business Insider.
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1 week ago |
businessinsider.com | Lauren Steussy |Dominick Reuter |Henry Blodget
It's an experience that almost anyone shopping at TJ Maxx, Marshalls, Sierra, or Home Goods eventually has: you're browsing items, see a price tag, and think, "that can't be right."Before you know it, you're a full-blown Maxxinista. As it happens, TJX CEO Ernie Herrman said the company wants you to feel a little suspicious when you encounter a sharp deal. "We want a customer to actually say, 'That almost feels too cheap,'" he said in a quarterly earnings call Wednesday.
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People's refusal to read is crashing hard into their inability to count and the results are *grim*

RT @HannoLustig: Just had a good phone call with Trader Joe's. I'm going to keep shopping there for now.

Hey -- did you catch the most important news to happen this week? https://t.co/qsLZChNzVW https://t.co/C3nnJYYR5u