CNBC's Becky Quick reports on the latest news.

Dollar General Corp. (NYSE:DG) experienced an 8% surge in its shares during after-hours trading as the discount retailer announced the return of Todd Vasos as its chief executive officer, effective...

Markets reversed course midday Thursday to close lower. Dollar General stock jumped after the closing bell on news of a CEO change.

Dollar General appointed current board member and former CEO Todd Vasos as its new CEO, effective Thursday (Oct. 12). Vasos will remain a member of the board of directors, a role he has held since ...

Dollar General Corp. shares rallied in the extended session Thursday after the company announced Todd Vasos will return as chief executive, effective immediately, and kept its sales forecast within...

Dollar General has brought back its former chief executive in an attempt to revive its struggling business. Vasos will replace Jeff Owen effective immediately. Owen was CEO for less than one year.

CNBC's Pippa Stevens joins 'Closing Bell: Overtime' to discuss Dollar General naming its next CEO.

Dollar General fired CEO Jeff Owen and replaced him with the retailer's former chief executive Todd Vasos.

Dollar General's profits have been falling this year. The company expects at least a 22% drop in earnings for fiscal 2023.

Dollar Tree Inc. said Wednesday it will create more than 300 new jobs in Arkansas, as it plans to return to West Memphis with the opening of a Family Dollar distribution center.

Customer traffic was negative this past quarter. Dollar General is working on reducing inventory as sales trends slow.

Uncertainty abounds in the market right now. Whether driven by fears tied to surging inflation, rising interest rates, or geopolitical turmoil, investors have plenty to consider moving forward.

Dollar General upset investors with its low revenue, narrow profit margin, and weak outlook. Economic pressures are mounting on consumers, which is weighing on retail stocks.

At first glance, things seem rather bleak for the retail stocks category. Consumer spending is set to decline as the economy weakens.

Over its history, Dollar General stock has normally outperformed the S&P 500. This year, however, is an exception as a weak outlook has investors dumping the stock.