An unrelenting Dollar General continues to push forward with plans to open 700 stores this year despite reporting weak financial results and a 1.3% same-store sales increase for the fourth quarter.
Dollar General chairman and CEO Rick Dreiling was elected chairman of the Retail Industry Leaders Association (RILA) to fill a position held the past two years by Target chairman, president and CEO Gregg Steinhafel.
A record 700 new Dollar General stores are slated to open in 2014, the company announced Thursday morning after reporting third-quarter results and tempering its full-year sales forecast.
A desire to improve operational efficiency and capitalize on scale were cited as reasons for several senior level executive moves at Dollar General.
Dollar General has opened its 11,000th store, further distinguishing the dollar-store operator as the retailer with the most stores in the United States.
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.
Dollar General has elected Sandy Cochran, president and CEO of Cracker Barrel Old Country Store, to its board of directors, effective December 5.
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.
Surging profits and a 6.7% first quarter same-store sales increase prompted Dollar General to raise its full-year profit forecast by three cents.
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.
A former Safeway executive has joined Dollar General as its EVP store operations.
Walmart faces increased competition from dollar stores, as their value proposition still resonates with cash-strapped consumers.
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.
Dollar General announced that in addition to opening 625 new stores in fiscal 2011, it intends to create 6,000 new jobs.
Dollar General announced that Kyle Busch's No. 18 Toyota Tundra will be sporting the...