Latest news with #remodel
Globe and Mail
2 days ago
- Business
- Globe and Mail
Is Dollar General Quietly Winning With Its Remodel Strategy?
Dollar General Corporation 's DG remodel initiative may not have grabbed the headlines, but its financial and operational impact is harder to overlook. In the first quarter of fiscal 2025 alone, the company remodeled a staggering 1,227 stores — 668 through Project Elevate and 559 under Project Renovate. These efforts are part of a broader plan to execute approximately 4,885 real estate projects in 2025, including 2,000 Project Renovate and 2,250 Project Elevate remodels. While the cost of these upgrades is substantially lower than building new stores, Dollar General expects impressive first-year annualized comp sales lifts of 6-8% for Project Renovate and 3-5% for Project Elevate, converting the mature store base into a growth engine. What makes this remodel strategy powerful is its dual benefit — revitalizing aging stores and improving the in-store experience with category updates and merchandising enhancements. This boosts store productivity per square foot. Additionally, with remodels targeting nearly 20% of the store base each year, DG maintains a continuous refresh cycle without overextending capital. Dollar General's ability to complete most of these remodels by the third quarter also allows for extended sales benefits throughout the fiscal year. With improved shelf availability, leaner inventory and better store standards accompanying these remodels, the company is achieving significant operational improvements. With store construction costs up 40% since 2019, Dollar General's strategic pivot toward remodeling over rapid expansion appears well-calculated. If the early indicators hold, DG may be rewriting the playbook on how to grow without adding square footage. Dollar General's Price Performance, Valuation and Estimates Dollar General stock has rallied 50.4% over the past six months against the industry 's decline of 2.4%. The company has also comfortably outperformed key peers such as Target Corporation TGT and Costco Wholesale Corporation COST. During the same period, Target shares have declined 24.4%, while Costco has seen a 4.6% drop. Dollar General's forward 12-month price-to-earnings ratio of 17.60 reflects a lower valuation compared to the industry's average of 31.65. DG carries a Value Score of A. DG is trading at a premium to Target (with a forward 12-month P/E ratio of 13.28) but at a discount to Costco (47.31). The Zacks Consensus Estimate for Dollar General's current financial-year sales suggests year-over-year growth of 4.4%, while estimates for earnings per share imply a decline of 2.5%. Dollar General currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. #1 Semiconductor Stock to Buy (Not NVDA) The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow. One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Target Corporation (TGT): Free Stock Analysis Report Dollar General Corporation (DG): Free Stock Analysis Report Costco Wholesale Corporation (COST): Free Stock Analysis Report
Yahoo
21-07-2025
- General
- Yahoo
Before & After: Dated '80s Oak Cabinets Get an Airy Green Makeover (the Transformation Is Dramatic!)
ABOUT THIS BEFORE & AFTER HOME TYPE: House PROJECT TYPE: Kitchen STYLE: Traditional SKILL LEVEL: Professional RENTAL FRIENDLY: No 'If you trust the process, you will get what you want,' Jennifer Tampasis of Jennifer Lynn Interiors says. Her recent kitchen project she tackled for a couple who had never worked with an interior designer proves just that. Her renovation of the 1989 Poughkeepsie, New York, kitchen made it optimized for storage, set up for hosting, and, most importantly, a place the homeowners, a family of four, can spend quality time. While any remodel, especially in the kitchen, can be a major financial undertaking, the homeowners were confident that the options Jennifer presented would stand the test of time. 'We wanted a perfect kitchen for us, but we honestly had no idea how to put that together. It was like we knew what we wanted in our heads, but we didn't know how to put that down on paper,' the owners say. Jennifer looked to their other spaces, especially the living room, which can be seen from the kitchen, for inspiration. 'It was a dark green, but instead of dark, we went with a paler color,' she says. 'We wanted it to feel bright.' The previously cramped kitchen, with dark wood cabinetry, yellow walls, and a separate dining set, was transformed into a classic space with her help. The new kitchen is painted in Benjamin Moore colors: the island is colored with Heather Gray, a shade with sage undertones, and the cabinets are clad in Chantilly Lace. New light fixtures from Hudson Valley Lighting Group warm up the room, too. The renovation was straightforward, but the impact is striking — and the kitchen is significantly more functional. 'They had a lot on their counters before and wanted it to feel less cluttered,' Jennifer says. 'When you walk into the kitchen first thing in the morning, what do you do? It was really about understanding how they function,' Jennifer explains. Storage for small appliances like their tea kettle and blender was key, while a long central island serves for prep, hosting, and more. 'By some magic, Jennifer extracted the design from our heads, creating the perfect color scheme and layout without our ability to articulate our desires to her directly,' the owners say. 'It was a totally fascinating experience.' And the appreciation was mutual: 'We want all of our clients to be like them,' Jennifer says. One standout is the hydration center, a recent signature of the designer, who first came across the idea at The Kitchen and Bath Industry Show (KBIS). Not only are hydration stations becoming trendy, but they also help busy families by centralizing access to water and beverages. The homeowners' original butcher block island was repurposed into shelving for the station. 'She picked up on the fact that I was proud of the butcher block, which I had installed during the pandemic, and recognized the beauty in the cherry wood it was made from,' the owners say. Another favorite feature is the floating table, an idea Jennifer developed in collaboration with the contractor. The round table extends beyond the island, and while the homeowners had some initial doubts, it has allowed them to maximize their space without the need for a formal dining room. The table accommodates everyone comfortably and is a unique feature that visitors always post originally appeared on The Kitchn. See it there: Before & After: Dated '80s Oak Cabinets Get an Airy Green Makeover (the Transformation Is Dramatic!) Further Reading We Used Our New 'Room Plan' Tool to Give This Living Room 3 Distinct Styles — See How, Then Try It Yourself The Design Changemakers to Know in 2025 Create Your Own 3D Room Plan with Our New Tool
Yahoo
20-07-2025
- General
- Yahoo
Before & After: Dated '80s Oak Cabinets Get an Airy Green Makeover (the Transformation Is Dramatic!)
ABOUT THIS BEFORE & AFTER HOME TYPE: House PROJECT TYPE: Kitchen STYLE: Traditional SKILL LEVEL: Professional RENTAL FRIENDLY: No 'If you trust the process, you will get what you want,' Jennifer Tampasis of Jennifer Lynn Interiors says. Her recent kitchen project she tackled for a couple who had never worked with an interior designer proves just that. Her renovation of the 1989 Poughkeepsie, New York, kitchen made it optimized for storage, set up for hosting, and, most importantly, a place the homeowners, a family of four, can spend quality time. While any remodel, especially in the kitchen, can be a major financial undertaking, the homeowners were confident that the options Jennifer presented would stand the test of time. 'We wanted a perfect kitchen for us, but we honestly had no idea how to put that together. It was like we knew what we wanted in our heads, but we didn't know how to put that down on paper,' the owners say. Jennifer looked to their other spaces, especially the living room, which can be seen from the kitchen, for inspiration. 'It was a dark green, but instead of dark, we went with a paler color,' she says. 'We wanted it to feel bright.' The previously cramped kitchen, with dark wood cabinetry, yellow walls, and a separate dining set, was transformed into a classic space with her help. The new kitchen is painted in Benjamin Moore colors: the island is colored with Heather Gray, a shade with sage undertones, and the cabinets are clad in Chantilly Lace. New light fixtures from Hudson Valley Lighting Group warm up the room, too. The renovation was straightforward, but the impact is striking — and the kitchen is significantly more functional. 'They had a lot on their counters before and wanted it to feel less cluttered,' Jennifer says. 'When you walk into the kitchen first thing in the morning, what do you do? It was really about understanding how they function,' Jennifer explains. Storage for small appliances like their tea kettle and blender was key, while a long central island serves for prep, hosting, and more. 'By some magic, Jennifer extracted the design from our heads, creating the perfect color scheme and layout without our ability to articulate our desires to her directly,' the owners say. 'It was a totally fascinating experience.' And the appreciation was mutual: 'We want all of our clients to be like them,' Jennifer says. One standout is the hydration center, a recent signature of the designer, who first came across the idea at The Kitchen and Bath Industry Show (KBIS). Not only are hydration stations becoming trendy, but they also help busy families by centralizing access to water and beverages. The homeowners' original butcher block island was repurposed into shelving for the station. 'She picked up on the fact that I was proud of the butcher block, which I had installed during the pandemic, and recognized the beauty in the cherry wood it was made from,' the owners say. Another favorite feature is the floating table, an idea Jennifer developed in collaboration with the contractor. The round table extends beyond the island, and while the homeowners had some initial doubts, it has allowed them to maximize their space without the need for a formal dining room. The table accommodates everyone comfortably and is a unique feature that visitors always post originally appeared on The Kitchn. See it there: Before & After: Dated '80s Oak Cabinets Get an Airy Green Makeover (the Transformation Is Dramatic!) Further Reading We Used Our New 'Room Plan' Tool to Give This Living Room 3 Distinct Styles — See How, Then Try It Yourself The Design Changemakers to Know in 2025 Create Your Own 3D Room Plan with Our New Tool
CNET
09-07-2025
- General
- CNET
Prime Day Deal: This Portable Induction Cooktop Saved Me During a Kitchen Remodel and Right Now It's 21% Off
Amazon Prime Day sale: The Duxtop portable induction cooktop burner is versatile and can save your dinner plans, all for the discounted price of $110 -- or about 21% off -- on Amazon during the Prime Day sales event. It's only going to be that cheap through Friday, so if you're interested, best to act fact. Weeks before we started our kitchen remodel, we asked for advice from friends and neighbors about how they survived the experience. But nothing truly prepares you for the daily inconvenience of not having a fully functioning kitchen. While my kids would've voted to eat at a local taqueria whenever possible, I was determined to continue cooking at home -- and make better than passable meals everyone would eat. After a failed attempt at using a microwave (I don't want to talk about it), I bought a Duxtop portable induction cooktop burner, put it on the workbench in the garage and made every meal on it through the rest of the remodel. Best Prime Day Kitchen Appliance Deals Score some of the best discounts of the year on top kitchen tech during Prime Day, and our shopping experts have rounded up the only deals worth taking seriously this year. See Now How does an induction cooktop burner work? I didn't really understand till I got one, but an induction cooktop generates heat by creating a magnetic field that flows into a metal pan. Not all metal pans will work -- my aluminum pans remained as cold as my disconnected gas range. Instead, you need a pan or pot made of a magnetic metal like cast iron or stainless steel. I have several enameled cast iron pots that worked great, and I bought a Tramontina stainless steel 10-inch pan for frying. I started simply, making pasta, using sauce out of a jar, but by the end of the remodel, I was making Baja fish tacos from scratch and homemade Bolognese sauce. And I was surprised how much I loved cooking on it. My family started avoiding me while I was in the garage cooking because I'd boast about how amazing induction was. "Look!" I'd tell them. "The cooktop stays cool!" Or, "Check this out! When I take the pot off the cooktop, it pauses heating!" During a kitchen-warming party we threw for our neighbors after our new kitchen was finished, I learned our friend across the street had the same love for her induction cooktop. We huddled like allies, devoted to this magnetic object. Now that the kitchen is done, I'm thinking of ways I can keep using the cooktop. Maybe, when I'm cooking a big meal and need an extra burner, I can set it up on the counter. Maybe I can use it outdoors during a cookout. Or maybe I can give it to one of my kids as they set up their own home. I actually love it so much, when it comes time to swap out our gas range, I'm going to get an induction cooktop. For more, here are our favorite cookware sets and our favorite chef's knife.
Yahoo
03-06-2025
- Business
- Yahoo
Stop & Shop Revamp: Celebrating new look and fighting hunger
WILLIMANTIC — Stop & Shop in Willimantic had much to celebrate as it held an official grand reopening of its newly remodeled location at 1391 Main Street. The new remodel is part of the brand's multi-year commitment to refreshing stores across its footprint and improving the customer shopping experience. Store Manager Sara Tegge has been the manager since mid-February, and the remodel started in March. It was recently completed. 'We revamped the entire store and integrated all of our natural and organic items into the aisles,' Tegge said. 'We opened up the produce to give a more open and comfortable shopping experience for the customers.' Tegge said the feedback has been positive, and people are happy with the new, clean sleek look. 'It's a really nice, new addition to the community,' Tegge said. 'A customer stopped us and said thank you for giving our town something so nice.' The remodel started March 10 and was completed by the celebration on Friday. The newly-remodeled store in Willimantic includes expanded grab-and-go prepared foods, a remodeled produce department and a remodeled bakery department. Over 800 new products are available across the store, including a multicultural assortment of popular Puerto Rican and Latin American favorites, Asian-centric products, seasonings, spices and flavors worldwide. To add to the celebration, Stop & Shop presented Eastern Connecticut State University with a $10,000 check to fight food insecurity among students. The check will support 'Shawn's Cupboard' as part of its School Food Pantry Program. Established in 2019, the program aims to help limit barriers that impact students' ability to succeed in the classroom and ensure consistent access to food. 'This store looks amazing and I can say, I'm a Stop & Shop shopper myself,' Eastern President Karim Ismaili said. 'I'm grateful on behalf of the University for the support you are providing for our students by making this donation.' Ismaili said food insecurity is an issue for their students and families, so every dollar will go towards the nutritious food and personal care items they need. Dean of Students Dr. Kemesha Wilmot said the $10,000 check will go far, and she finds it difficult to hear about students' food insecurity issues. 'We do have students on campus who come there, and they're trying to get their education, and because they are unable to access food, it interferes with their academics,' Wilmot said. 'I work with students on a day-to-day basis, and they come to my office and they're saying, I don't have a meal, not even on campus, but even at home.' Wilmot said food insecurity is an issue in the community. 'I really appreciate Stop & Shop for really stepping in and being that gap to support our students,' Wilmot said. 'When a student comes into my office, hunger is not one of the things that I want to hear that is stopping them from pursuing their education.' The program currently serves over 260 schools across the Northeast and is known as one of the nation's largest school food pantry programs. This is the fourth year that Stop & Shop has partnered with Eastern, and this donation will provide the school with over $30,000 in total to ensure that students have access to healthy foods. It will also enable the school to provide fresh produce, proteins, and personal care items to meet the rising needs of students. Stop & Shop in Willimantic is open Monday through Saturday from 7 a.m. to 10 p.m. and Sundays from 7 a.m. to 9 p.m.
