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.



“Dollar General is excited to add these locations to our existing store base. We look forward to the opportunity to better serve our customers in these communities by continuing to provide the convenience and value they expect from Dollar General,” said Todd Vasos, CEO, Dollar General, which operates 12, 719 stores in 43 states.



The stores will feature Dollar General’s updated “DG16 layout” with additional sales floor square feet, complete with expanded offerings such as fresh meat and produce. Dollar General also intends to operate the fueling stations in 37 of the 41 locations.