Content about Rick Dreiling

June 4, 2013
Dollar General bullish on year with tobacco rollout

Dollar General increased net sales by 8.5% to $4.2 billion for its first quarter ended May 3, the dollar operator reported Tuesday.

GOODLETTSVILLE, Tenn. — Dollar General increased net sales by 8.5% to $4.2 billion for its first quarter ended May 3, the dollar operator reported Tuesday. 

“For the quarter, we achieved same-store sales growth of 2.6%, reflecting strong growth in our consumables categories offset by softer sales in seasonal and weather-sensitive categories,” stated Rick Dreiling, Dollar General’s chairman and CEO. “We believe the continued strength in consumables is a sign of the underlying health of our business.”

May 20, 2013
Dollar General Literacy Foundation awards more than $6M to literacy groups across U.S.

The Dollar General Literacy Foundation announced today awards of more than $6 million in grants to more than 725 schools, nonprofits and literacy organizations to support adult, family and summer literacy programs.

GOODLETTSVILLE, Tenn. — The Dollar General Literacy Foundation announced today awards of more than $6 million in grants to more than 725 schools, nonprofits and literacy organizations to support adult, family and summer literacy programs.

January 24, 2013
Dollar General to open 635 new stores in 2013

Dollar General is adding 635 new stores and relocating 550 this year, the dollar store chain said.

GOODLETTSVILLE, Tenn. — Dollar General is adding 635 new stores and relocating 550 this year, the dollar store chain said.

"Dollar General's continued growth reflects our customers' increasing satisfaction with our everyday low prices and convenience," Dollar General chairman and CEO Rick Dreiling said. "Further, 2013 will mark another growth milestone as we plan to open the organization's 11,000th store before the year's end when we will begin our 75th anniversary in 2014."

May 16, 2012
10,000 & counting: Dollar General goes national

“No frills, just real savings” and “Simple prices you can add up in your head” make clear that Dollar General’s goal is to provide great prices on household essentials.


At first blush, there appears to be nothing special about Dollar General’s first Southern California store in the suburb of Montclair. It occupies about 7,500 sq. ft. of space in an aging strip center, and a small banner hung on the exterior beckons to passing motorists and pedestrians, “Now Open.” Inside, more signs explain the bare-bones merchandising of familiar brands to shoppers unfamiliar with the Dollar General value proposition.

March 15, 2012
Dollar General appoints EVP store operations

A former Safeway executive has joined Dollar General as its EVP store operations.

GOODLETTSVILLE, Tenn. — A former Safeway executive has joined Dollar General as its EVP store operations.

Effective March 19, Greg Sparks will assume all responsibilities for the operations of more than 9,900 retail stores in 38 states and serve on Dollar General's real estate and store development committee, the company said. Sparks will report to chairman and CEO Rick Dreiling.

Sparks most recently served as president of Safeway's Seattle division. His departure from the supermarket retailer was announced earlier this week.

January 27, 2012
Dollar General CEO joins Lowe's board

Lowe’s has announced the appointment of Rick Dreiling to its board of directors.

MOORESVILLE, N.C. — Lowe’s has announced the appointment of Rick Dreiling to its board of directors. He will serve on the board’s audit and governance committees. The announcement brings Lowe’s board of directors to 12 members, 11 of whom are independent.

December 6, 2011
Dollar General to target food deserts with its DG Market concept

Dollar General on Monday told analysts the company plans to open 40 DG Market concepts in 2012 in both new and existing markets based on the success of the concept.

GOODLETTSVILLE, Tenn. — Dollar General on Monday told analysts the company plans to open 40 DG Market concepts in 2012 in both new and existing markets based on the success of the concept.

August 30, 2011
Expectations elevated at Dollar General

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.

March 22, 2011
Dollar General remains top stock pick on Q4 sales growth

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.

February 22, 2010
Dollar General CEO delivers keynote address at RILA conference

The Retail Industry Leaders Association's 2010 Logistics Conference kicked off Monday with a keynote address...