Dollar General Archives

Business

Dollar General Announces Approximately $50 Million in Additional Employee Appreciation Bonuses

Dollar General Doubles Planned Bonus Investments for Front-Line Employees in Back Half of Year Up to $100 Million Goodlettsville, Tennessee (STL.News) Dollar General (NYSE: DG) announced today its plans to award approximately $50 million in additional appreciation bonuses to eligible front-line employees in Q4, doubling its planned investment in these bonuses in the back half of the year and bringing its Q3 and Q4 commitment to approximately $100 million in total. DG now plans to award up to approximately $173 million to store, distribution center and private fleet employees during its 2020 fiscal year. “To demonstrate our ongoing gratitude and support for our employees directly serving our customers and communities during this pandemic, we are proud to double our initial plans for se...

Business

Dollar General Announces New Distribution Center in Nebraska

DG Fresh and Dry Combination Facility in Blair (Washington County) slated to Create Approximately 400 New Job Opportunities Goodlettsville, TN (STL.News) Dollar General (NYSE:DG) today announced plans to build a combination dry and DG Fresh distribution center in Blair, Nebraska, representing an approximate $85 million investment in Washington County. At full capacity, the contemporary 800,000-square-foot facility is expected to create approximately 400 new career opportunities and support more than 1,500 stores in the Midwest. Construction is scheduled to begin next month with completion currently slated for early 2022. Blair’s dual facility will represent the first combination building constructed by the Company and will include approximately 650,000 square feet of dry goods and appro...

Business

Dollar General Promotes Emily Taylor to Executive Vice President and Chief Merchandising Officer

Major Retailer, Dollar General Also Announces Other Organizational Changes Goodlettsville, TN (STL.News) Dollar General Corporation (NYSE: DG) announced Emily Taylor has been named executive vice president and chief merchandising officer effective today. Taylor, who formerly served as senior vice president of channel innovation, brings more than two decades of leadership excellence and expertise to the role. Dollar General also announced the departure of Jason Reiser from the Company effective September 24, 2020. “We are confident that Emily’s strategic vision and longstanding leadership with Dollar General will help to drive our continued efforts to innovate, capture growth opportunities and serve our customers and communities,” said Jeff Owen, Dollar General’s Chief Operating Officer....

Business

Dollar General Corporation Reports Second Quarter 2020 Results

GOODLETTSVILLE, TN (STL.News) Dollar General Corporation (NYSE: DG) today reported financial results for its fiscal year 2020 second quarter (13 weeks) ended July 31, 2020. Net Sales Increased 24.4%; Same-Store Sales Increased 18.8% Operating Profit Increased 80.5% to $1.0 billion Diluted Earnings Per Share (“EPS”) Increased 89.1% to $3.12 Cash Flows From Operations Increased 157.2% to $2.9 billion $691 Million Returned to Shareholders through Share Repurchases and Cash Dividend Board of Directors Declares Third Quarter 2020 Cash Dividend of $0.36 per share; Increases Share Repurchase Program Authorization by $2.0 Billion “I want to thank our associates for their exceptional work over the past several months as we continue to navigate this challenging and dynamic operating en...

Business

Dollar General Announces New Traditional Distribution Center and DG Fresh Cold Storage Facilities

Expanded Distribution Footprint Represents Local Investments and Creation of Approximately 600 New Jobs Goodlettsville, TN (STL.News) Dollar General (NYSE: DG) today announced plans to expand its distribution center presence through the anticipated addition of one traditional distribution center in Walton, Kentucky and three DG Fresh cold storage facilities in Bowling Green, Kentucky; Ardmore, Oklahoma and West Sacramento, California. In total, the addition of these new facilities is expected to create 600 new career opportunities. “Dollar General’s supply chain network plays a critical role in ensuring the products customers need and want are delivered to our nearly 17,000 stores in a timely and consistent manner. The addition of these facilities continues to drive efficiency and servi...

Business

Dollar General Literacy Foundation Launches the Yellow Glasses Project

Program aims to shine a light on literacy and education Goodlettsville, TN (STL.News) Today, the Dollar General Literacy Foundation launched the Yellow Glasses Project, an awareness campaign designed to help shine a light on literacy and foster a brighter future for those in need. Beginning on July 20, customers at more than 16,500 Dollar General stores across the country can purchase a pair of yellow sunglasses for $2 each. Every Yellow Glasses purchase will provide 100 percent of proceeds directly to the Dollar General Literacy Foundation, which will support literacy and education programs across the communities Dollar General serves. Dollar General shoppers are also encouraged to support and engage with the campaign by posting a photo of themselves wearing their Yellow Glasses on Fac...

Business

Dollar General Unveils Two Remodeled Stores with Produce in Baton Rouge

Baton Rouge, LA (STL.News) Baton Rouge residents now have two new places to shop for fresh fruit and vegetables! Dollar General recently announced the completion of two store remodels in Baton Rouge that expands affordable and nutritious foods through the addition of fresh fruits and vegetables. The remodeled stores are located at 6315 Scenic Highway and 5455 Airline Highway in Baton Rouge and offer area residents a selection of fresh produce, alongside expanded frozen and refrigerated food offerings. Dollar General partnered with Baton Rouge’s Mayor-President Broome’s Office to find a mutually-beneficial solution to support the community despite the retailer not being a grocery store and carrying a curated assortment of produce in approximately 650 of its stores. Dollar General’s two ...

Business

Dollar General Announces Discount to Medical, Guardsmen and First Responder Communities

Major Retailer Demonstrates its Appreciation to Front-Line Individuals with 10 Percent Discount Goodlettsville, TN (STL.News) Beginning today, Dollar General is proud to provide all medical personnel, first responders and activated National Guardsmen with a 10 percent discount on qualifying purchases. Individuals can present their employment badge or ID at more than 16,300 stores to receive the discount. “At Dollar General, we are deeply appreciative for the ongoing and brave work that our medical professionals, first responder communities and National Guard activated continue to perform during these unprecedented times,” said Todd Vasos, Dollar General’s CEO. “To demonstrate our heartfelt gratitude for these individuals’ tireless service to their communities, we are proud to help suppo...

Business

Dollar General Announces Availability of CBD Products in Select States

Goodlettsville, TN (STL.News) Today, Dollar General announced the availability of approximately 20 CBD product SKUs in approximately 1,100 stores in Tennessee and Kentucky. The Company also plans to expand the products’ availability to seven more states (Colorado, Florida, Indiana, Oregon, South Carolina, Texas and Vermont) by spring 2020. Dollar General’s CBD assortment is limited to topical cosmetic products including creams, ointments, bath bombs, bath salts and face masks. The Company does not have current plans to provide ingestible or edible CBD merchandise. “At Dollar General, the customer is at the center of all we do, and the addition of CBD items is an extension of our ongoing commitment to provide customers with a curated and affordable assortment of the products they seek,”...

Business

Dollar General Celebrates Grand Opening of 16,000th Store in Panama City, Florida

Milestone grand opening includes community celebration; company demonstrates its mission of Serving Others in donations to local schools Panama City, FL (STL.News) - Saturday morning, Dollar General Corporation (NYSE: DG) celebrated the grand opening of its 16,000th store in Panama City, Florida. The Company celebrated the milestone event with a community celebration and donations to two local elementary schools at its new store on East Third Street, which will serve Gulf Coast residents still rebuilding from devastation caused by Hurricane Michael in October 2018. “We are thrilled to expand our store presence with our 16,000th store grand opening celebration today,” said Todd Vasos, Dollar General’s CEO. “From our first store in rural Kentucky to today’s 16,000th store in Panama City, ...

Business

Business News: Dollar General Announces Plans to Expand to 46 States in 2020

Stores Currently Under Construction in Washington and Wyoming Slated to Expand Dollar General’s Presence Goodlettsville, TN (STL.News) - Dollar General is excited to announce it is currently under construction on new stores in Washington and Wyoming. When completed, these stores are expected to expand the Company’s presence to 46 states throughout the country. Stores are currently under construction in Centralia, Washington (Lewis County); Cathlamet, Washington (Wahkiakum County) and Pine Bluffs, Wyoming (Laramie County). These initial stores are scheduled to celebrate grand openings in early fiscal year 2020. “We look forward to expanding our footprint into Washington and Wyoming and the opportunity to serve new customers with value and convenience through our mission of Serving Other...

Business

Business News: Dollar General Corporation Reports Strong Second Quarter 2019 Financial Results

GOODLETTSVILLE, TN (STL.News) - Dollar General Corporation (NYSE: DG) today reported financial results for its fiscal year 2019 second quarter (13 weeks) ended August 2, 2019. Net Sales Increased 8.4%; Same-Store Sales Increased 4.0% Operating Profit Increased 5.9% to $577.8 Million, Adjusted Operating Profit Increased 11.6% to $608.8 Million1 Diluted Earnings Per Share (“EPS”) Increased 8.6% to $1.65, Adjusted Diluted EPS Increased 14.5% to $1.741 Cash Flows From Operations of $1.1 Billion $267 Million Returned to Shareholders through Share Repurchases and Cash Dividends Board of Directors Declares Third Quarter 2019 Cash Dividend of $0.32 per share (1) See Reconciliation of Non-GAAP Financial Measures for reconciliation of Adjusted Operating Profit to Operating Profit and A...

Business

NY Attorney General James Secures $1.2 Million From Dollar Store Chains For Selling Expired Products

Dollar General, Dollar Tree and Family Dollar Caught Selling Expired, and Obsolete Items Chains have Agreed to Significant Business Reforms NEW YORK (STL.News) - New York Attorney General Letitia James today announced discount retail chains Dollar General, Dollar Tree, and Family Dollar will pay $1.2 million in fines and damages for selling expired products. The settlements resolve a multi-month undercover investigation over the chains’ sale of expired over-the-counter drugs, Dollar General’s sale of obsolete motor oil, and Dollar Tree and Family Dollar’s failure to comply with New York’s bottle deposit law. “It’s a tough pill for New Yorkers to swallow that the over-the-counter drugs they were buying may have been expired,” said New York Attorney General Letitia James. “New York consum...

Business

Business News: Vermont to Receive $1.75 Million from Dollar General for Pricing Inaccuracies

Montpelier, VT (STL.News) - Vermont Attorney General T.J. Donovan announced yesterday that his office has reached a $1.75 million settlement with DG Retail, LLC, also known as Dollar General, for violations of Vermont’s Consumer Protection Act. Under the settlement, Dollar General resolved claims that it sold products that were advertised on the shelf at a lower price than the price at the register, even after being told at least 50 times by state inspectors from the Agency of Agriculture, Food and Markets to correct the pricing inaccuracies. The Vermont Foodbank will receive $100,000 pursuant to the settlement. “Deceptive advertising will not be tolerated,” Attorney General Donovan said. “Knowing that Dollar General caters to low-income Vermonters makes their repeatedly misrepresenting...