Dollar General's Safety Setback: Federal Regulators Crack Down On Workplace Standard Violations

  • Dollar General Corp (NYSEDG) was penalized $245,544 by the Occupational Safety and Health Administration (OSHA), a federal regulator under the Department of Labor, for violating workplace safety regulations and exposing workers to dangerous safety hazards, including blocked emergency exit routes and electrical panels.
  • OSHA inspected a Dollar General store in Pennsylvania in November. It is one of more than 180 investigations where the regulatory body has found the company jeopardizing worker safety, generating $15 million in penalties since 2017.
  • The company was reportedly in settlement talks with federal regulators after being accused of violating workplace safety rules.
  • The discount retailer, which made $37.84 billion in sales in fiscal 2022, is not likely to be majorly impacted by the latest penalty fine, CNBC reported.
  • The report cited a Dollar General spokesperson who said the company regularly reviews its safety programs through training and ongoing communication.
  • Price Action: DG shares are trading flat at $211.85 on the last check Monday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsRetail SalesMediaBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!