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Stock impact report

Dollar Tree, Kroger and other retailers are charging Hampton Roads shoppers for cash back at checkout [Yahoo! Finance]

Dollar Tree, Inc. (DLTR) 
Last dollar tree, inc. earnings: 3/4 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: dollartreeinfo.com/investors
Company Research Source: Yahoo! Finance
The Consumer Financial Protection Bureau reported in August that three companies collect over $90 million in estimated cash-back fees annually: Chesapeake-based Dollar Tree (including Family Dollar), Cincinnati-based Kroger (including Harris Teeter) and Tennessee-based Dollar General. All three operates stores across the region. Dollar Tree and Kroger did not respond to questions regarding the cash-back fees. Dollar Tree did provide a statement via a company spokesperson saying the cash-back option is offered to customers as a convenience. “Shoppers who want to take advantage of our cash back offering are charged a clearly disclosed fee, which in turn helps offset the variety of costs we incur to offer this helpful service,” the company said. Accountable.US, a nonpartisan watchdog group that aims to hold government and corporations accountable, called out the major chains for charging consumers “junk fees” to access their own cash. “They, and especially the dollar stores, dom Show less Read more
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