Celebrating its 80th year in business, Dollar General started out strong in the first quarter with both sales and earnings growth.
Dollar stores are seeing growth in shopper traffic during the holiday season with shoppers from higher income levels driving the growth, according to a recent survey from The NPD Group.
As it continues to expand and open more stores beyond its rural community base, Dollar General is eyeing a new urban store concept dubbed DGX, according to a recent Bloomberg article.
Dollar General recently celebrated the official grand opening of the company’s 15th distribution center in Jackson, GA.
Despite a surge in net income and sales gains, Dollar General fell short of Wall Street estimates in the first quarter, with the weather playing a factor in results.
Lowe’s has named Marvin Ellison president and CEO, effective July 2. He will also join Lowe’s board of directors at that time. Ellison succeeds Robert Niblock, who previously announced his intention to retire.
Dollar General will construct a new distribution center in Longview, TX, that will feed products to approximately 1,000 of the retailer’s locations in the Lone Star state and across the southeast.
Dollar General delivered sales and income growth in the third quarter as the retailer outlined plans to expand its store base in 2018.
Dollar General has named Rob Scruggs chief digital and customer engagement officer, a newly created position in which he will lead the strategy for customer engagement including digital experience and tools.
Dollar General has teamed up with the Big 12 Conference and ESPN Events to serve as the official discount retail sponsor for the Big 12 Conference for the 2017-2018 academic year.