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Dollar General Corp.

  • Dollar General Q2 sales fall short

    Dollar General Corp. reported lower-than-expected revenue for the second quarter amid increasing competition and reduced food stamp coverage.   The company’s net income was $306.52 million, or $1.08 per share, in the quarter, compared to net income of $282.35 million, or $0.95 per share, in the year-ago period.   Net sales increased 5.8% to $5.39 billion, compared to $5.10 billion last year.   

  • Discounter’s store growth hits a big number

    Dollar General continues to expand its store portfolio at a rapid pace.   The discounter on Monday opened its 13,000th store, in Birmingham, Alabama. The company operates approximately 675 stores in Alabama.    The new store is one of the planned 900 new stores Dollar General expects to open in 2016.

  • Dollar General in 41-store acquisition

    Dollar General has purchased 41 former Walmart Express locations across 11 states in a move designed to allow the discounter to expand its fresh meat and produce offerings.   Dollar General said it expects to relocate 40 existing Dollar General stores into the purchased sites by October 2016. It will also enter one new market.   Terms of the transaction were not disclosed.  

  • Plenty of room for women at the top in retail

    A Swedish retail giant that excels in fast-fashion is also a leader when it comes to breaking the glass ceiling. But a U.S. merchant is not that far behind.   

  • Dollar General adds to fulfillment network

    Photo: Dollar General executives and local leaders cut the ribbon to celebrate the grand opening celebration of the company's new San Antonio Distribution Center. (L to R, Steve Sunderland; Wayne Peacock, Chairman, San Antonio Economic Development Foundation; Bexar County Judge, Nelson Wolff; Mike Kindy; Mario Tort; Todd Vasos, Dollar General CEO; Jeff Owen; Alan Warrick, San Antonio City Council; Jeff Owen; Bob Ravener; Jim Thorpe)

  • Dollar stores escape the retail blues

    The nation’s top two extreme-value discounters aren’t feeling the retail malaise that affected department stores and many specialty retailers in the first quarter.  

  • Chico’s names retail veteran as new corporate counsel

    Chico's FAS Inc. has appointed Susan Lanigan as executive VP and general counsel.
     
    Lanigan has 25 years of professional experience and more than 15 years of business experience in the retail industry, including serving as executive VP, general counsel of Dollar General Corp.
     

  • Real Estate’s 10 Under 40

    Chain Store Age’s annual search for 10 retail real estate stars under the age of 40 years resulted in this: Ten youthful, creative, hard-charging industry executives.

    Some are retailers, others are brokers or from shopping center companies. Three are women. One is under the age of 30. There’s a single Canadian in the bunch. Two work for CBRE. Each has studied the business, sought out mentors, and researched and taken on the issues of the day.

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