Dollar General news

02 August 2022
Leading US-based dollar store chain, Dollar General, has formed a new Healthcare Advisory Panel. This will provide it with guidance and the prioritisation of efforts in the health and wellness space. We consider why this is a strategic goal for the business. Leveraging a network of over 18,000 stores As a dollar store operator, Dollar General is not the first retailer that springs to mind w...
01 June 2022
As part of its strategic priority to reinforce is position as a low-cost operator, US-based Dollar General has launched several pilot stores that are entirely self-checkout. Fast Track programme This forms part of wider range of initiatives centred on improving efficiencies. Dollar General has not been immune from the cost headwinds which have been experienced across the industry, pressurisin...
06 December 2021
Over the last 10 years, Dollar General has opened more than 8,000 stores, recently surpassing the 18,000 store mark. But even by its standards, the plan to undertake over 3,000 store projects next year is a bold ambition. Dollar General’s store development plans breaks down into four key buckets: New core stores Remodels New Popshelf stores Testing international expansion in Mex...
13 July 2021
US leading dollar store operator announced plans to expand its healthcare offering to meet more of its shopper needs and establish itself as a health destination. To fast track this development, it has created a new role of chief medical officer. Providing affordable healthcare products and services to communities This is the first step in Dollar General’s new strategy to increase access to...
24 March 2021
Dollar General posted an impressive net sales increase of 21.6% to $33.7bn in 2020 driven by its numerous real estate projects and its value and convenience proposition. In 2021, the retailer will focus on the evolution of its existing store models and launch new concepts to continue to reach more shoppers and meet their evolving needs.  Q4 results and full year performance Fourth quarter n...
18 February 2021
With Aldi US expanding click and collect to more stores and Family Dollar announcing a nationwide partnership with Instacart, we look at four ecommerce developments from North American discounters. Aldi US to add click and collect to another 500 stores. With the fast rise of ecommerce and the success of its curbside service (click and collect in partnership with Instacart), Aldi will add th...
04 February 2021
The COVID-19 pandemic proved to be a challenge, but also an opportunity to accelerate development for discounters. In several markets with high penetration of online, such as the UK, the lack of ecommerce proved to be a weakness for the discount channel. However, the value proposition of the channel resonated well with increasingly savvier shoppers, ensuring footfall and sales remained strong. ...
07 December 2020
We look at Dollar General’s third quarter performance and the progress it’s making against its four strategic priorities. Third quarter key numbers Net sales increased 17.3% to $8.2bn Same-store sales increased 12.1% Operating profit increased 57.3% to $773.1m Attracting younger, higher income and more ethnically diverse consumers While the pandemic continued to have a posi...
08 October 2020
America’s leading dollar store chain, Dollar General, is launching a new concept store, popshelf. 95% of range priced at $5 or less The popshelf concept will debut in Nashville, Tennessee later this year, with two stores set to open in the city. It has been designed to create an engaging, fun environment, featuring on-trend seasonal and home décor, health and beauty must-haves, home cleanin...
31 August 2020
With Dollar General reporting an outstanding second quarter performance, we look at how it is adjusting its operations to capture new growth opportunities. Top line results Total sales up 24.4% to $8.7bn Same-store sales up 18.8% Net income increased 84.6% to $788m Same-store sales in the first weeks of Q3 running at around 15% Four strategic priorities The business had ...