Content about Dollar General

December 5, 2011

The combined store count of the county's largest dollar store chains outnumbers that of the largest retail pharmacy chains as continued economic difficulties drive the channel's growth, according to a new study released Monday by Colliers International.

SEATTLE — The combined store count of the county's largest dollar store chains outnumbers that of the largest retail pharmacy chains as continued economic difficulties drive the channel's growth, according to a new study released Monday by Colliers International.

December 5, 2011

Optimism, skepticism, confidence and concern were among the range of emotions shared by Walmart suppliers who participated in the second annual Walmart Supplier Survey conducted by Drug Store News’ sister publication Connecting Northwest Arkansas.


Optimism, skepticism, confidence and concern were among the range of emotions shared by Walmart suppliers who participated in the second annual Walmart Supplier Survey conducted by Drug Store News’ sister publication Connecting Northwest Arkansas.


(To view the full results of the Walmart Supplier Survey, click here.)

December 5, 2011

To deliver the value of a supercenter with the convenience of a drug store — that is the essence of the Dollar General strategy.


NASHVILLE, Tenn. — To deliver the value of a supercenter with the convenience of a drug store — that is the essence of the Dollar General strategy.


August 30, 2011

Dollar General results showed that low-end consumers have some spending power and a taste for its brand of discount retail.

GOODLETTSVILLE, Tenn. — Dollar General results showed that low-end consumers have some spending power and a taste for its brand of discount retail.

Sales increased 11.2% to $3.58 billion at the company’s 9,641 stores, while same-store sales increased 5.9% and net income increased 25% to $181 million, excluding nonrecurring charges related to the early repayment of debt. On that same basis, earnings per share increased to 52 cents, four cents better than analysts expected and nearly 24% higher than the prior-year profit of 42 cents.

July 26, 2011

Financial services firm Credit Suisse tabulated total basket increases of 2.7% year over year and 1% month over month for retail.

NEW YORK — Financial services firm Credit Suisse tabulated total basket increases of 2.7% year over year and 1% month over month for retail.

“Our monthly pricing survey in Dallas and Chicago showed that all retailers raised prices on a year-over-year and month-over-month basis with the exception of Jewel [a Supervalu banner operating in Chicago],” Credit Suisse research analyst Ed Kelly wrote in a note published Monday.

June 21, 2011

Winn-Dixie has filed suit against Dolgencorp, the parent company of Dollar General. The grocer confirmed that the suit was filed because Dolgencorp “knowingly violates legal, noncompete provisions of Winn-Dixie leases in shopping centers in which both businesses operate,” Winn-Dixie told the Jacksonville Business Journal in an email.

NEW YORK — Winn-Dixie has filed suit against Dolgencorp, the parent company of Dollar General. The grocer confirmed that the suit was filed because Dolgencorp “knowingly violates legal, noncompete provisions of Winn-Dixie leases in shopping centers in which both businesses operate,” Winn-Dixie told the Jacksonville Business Journal in an email.

June 1, 2011

Sales and profits continued to pile up at Dollar General during the first quarter as shoppers sought value at the retailer’s 9,500 stores.

GOODLETTSVILLE, Tenn. — Sales and profits continued to pile up at Dollar General during the first quarter as shoppers sought value at the retailer’s 9,500 stores.

The company reported a 5.4% increase in same-store sales and said total sales increased 10.9% to $3.45 billion during the quarter ended April 29. Profits adjusted to account for several one-time items increased 14% to $166 million, while earnings per share of 48 cents were 2 cents shy of analysts’ consensus estimate due to gross margins pressures.

May 26, 2011

Dollar General announced its plans to expand its operations to California in 2012.

GOODLETTSVILLE, Tenn. — Dollar General announced its plans to expand its operations to California in 2012.

The California announcement comes on the heels of the company’s planned expansions into three new states in 2011 — Connecticut, Nevada and New Hampshire. California would be Dollar General’s 39th state.

The company said it plans to serve shoppers in rural, suburban and metropolitan markets.

March 25, 2011

Dollar General maintained its momentum in 2010 by achieving record sales, profits and expansion; and it’s looking like 2011 will bring more of the same.

GOODLETTSVILLE, Tenn. — Dollar General maintained its momentum in 2010 by achieving record sales, profits and expansion; and it’s looking like 2011 will bring more of the same. Last year, Dollar General opened 600 new stores and remodeled or relocated another 504 units to end its fiscal year on Jan. 28 with 9,372 stores. The additional square footage combined with a 4.9% same-store sales increase enabled the company to grow total sales by 10.5% to roughly $13 billion.

March 25, 2011

Expectations of improved profitability at Dollar General mean the company will keep the pedal to the metal in terms of expansion.

WHAT IT MEANS AND WHY IT’S IMPORTANT — Expectations of improved profitability at Dollar General mean the company will keep the pedal to the metal in terms of expansion.

(THE NEWS: Dollar General keeps growing. For the full story, click here)

March 22, 2011

Though Dollar General's fourth-quarter sales growth came in at slightly below analysts' expectations, the company still is considered a good investment.

GOODLETTSVILLE, Tenn. — Though Dollar General's fourth-quarter sales growth came in at slightly below analysts' expectations, the company still is considered a good investment.

"Overall, longer term, the stock remains one of our top picks given the company's robust store growth opportunity and strong execution of its merchandising and operational initiatives," according to analysts at Bernstein Research.

January 3, 2011

Building on its plans to open 625 new stores in fiscal 2011, Dollar General on Monday resolved to create 6,000 new jobs.

GOODLETTSVILLE, Tenn. — Building on its plans to open 625 new stores in fiscal 2011, Dollar General on Monday resolved to create 6,000 new jobs.

In addition to expanding within its 35-state operating area, Dollar General also has targeted such new markets as Connecticut, Nevada and New Hampshire.

December 6, 2010

Dollar General reported that its third quarter net income was $128 million, or diluted earnings per share of 37 cents.

GOODLETTSVILLE, Tenn. — Dollar General reported that its third-quarter net income was $128 million, or a diluted earnings per share of 37 cents.

Excluding a net loss of $8 million ($5 million after income taxes) relating to the early repayment of certain long-term obligations, net income for the 2010 third quarter was $133 million, or a diluted EPS of 39 cents, a 76% increase over net income of $76 million, or 24 cents per diluted share, in the third quarter of fiscal 2009.

November 1, 2010

CVS/pharmacy, Kroger and Dollar General have been selected as the recipients of the Grocery Manufacturers...

October 11, 2010

Dollar General’s health brand Rexall will be gracing the No. 11 Braun Racing entry in...

September 1, 2010

Retailers operating outside of the dollar channel are beginning to experience some night terrors. Because...

WHAT IT MEANS AND WHY IT'S IMPORTANT Retailers operating outside of the dollar channel are beginning to experience some night terrors. Because the fear is, what if American consumers learn from this bargain-hunting experience once the economy recovers? What if they decide quality and convenience in a dollar store today is comparable with other channels, and that the only real point of difference is the price point?

August 30, 2010

Sales and profits at Dollar General grew at a healthy pace during the second quarter...

GOODLETTSVILLE, Tenn. Sales and profits at Dollar General grew at a healthy pace during the second quarter as the company’s value proposition resonated with cost-conscious shoppers.

August 18, 2010

Dollar General on Wednesday confirmed the company is test-marketing the sale of beer -- and...

June 7, 2010

Net income for Dollar General rose nearly 64% for the first quarter of fiscal 2010....

May 10, 2010

Dollar General announced that it is providing more than $200,000 in cash and merchandise to...

May 3, 2010

Discount retailer Dollar General is making merchandise donations to the American Red Cross to aid...

March 30, 2010

Dollar General reported strong fourth-quarter and fiscal-year results Wednesday....

March 28, 2010

Dollar General on Monday promoted two senior executives — John Flanigan to EVP global supply...

March 14, 2010

While Sunday morning news pundits debate the effectiveness of the economic stimulus package Congress and...

March 14, 2010

While Sunday morning news pundits debate the effectiveness of the economic stimulus package that Congress...