The Dollar General Literacy Foundation has awarded more than $6 million in grants to more than 725 schools, nonprofits and literacy organizations to support adult, family and summer literacy programs.
Dollar General announced that Susan Lanigan, EVP and general counsel, has decided to retire from Dollar General later this year after nearly 11 years with the company.
Dollar General fined tuned its full year sales and profit forecast following better than expected third quarter results that also flashed a few warning signs.
Same store sales increased 5.1% at Dollar General during the second quarter and the company remains on track to open more than 600 new stores this year.
Nothing is slowing down Dollar General, which, shortly after reporting surging quarterly sales and profits, announced that it will open its 10,000th store in the United States.
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.
Sales and profits continued to pile up at the nation’s largest dollar store operator during the first quarter as shoppers sought value at the retailer’s 9,500 stores.
Though Dollar General's fourth-quarter sales growth came in at slightly below analysts' expectations, the company is still considered a good investment.