Dollar General plans to open over a thousand new stores, but also spend about 100 million on what they called increased labor costs. Labor is something I'm hearing a lot about in retail earnings. Everybody seems to be having trouble retaining frontline workers. While you've got tight labor in retail, I feel like there will be more available labor into the spring and summer as the market now reacts to some of those bigger companies that were laying off.
Adobe wants to be a customer experience platform, and a discount retailer is upscaling.
(0:21) Deidre Woollard and Asit Sharma discuss: - Adobe’s quarter, and issues acquiring Figma. - Tech companies rushing to launch generative AI. - Five Below converting stores to Five Beyond. - Labor issues for Dollar General.
Plus, (15:50) stock market madness continues. Bill Mann and Nick Sciple face off to pitch a stock in a better buy debate. Companies discussed: ADBE, FIVE, DG, PAC, BWXT
Host: Deidre Woollard Guests: Asit Sharma, Bill Mann, Nick Sciple Producer: Ricky Mulvey Engineer: Dan Boyd
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