In , Cal Turner, Jr. Cal Jr. This assessment included evaluating whether the location had a loading dock, garbage dumpsters, adequate parking, and acceptable profitability. Stores that did not pass this evaluation were relocated or closed. Over stores were closed as part of this initiative. In August , the company announced it will file for an initial public offering, turning the company, again, into a publicly traded corporation. AEON Co. It operates t Costco Wholesale Corp. Dollar Tree, Inc.
Dollar General was a family-run business for about half a century. Turner dabbled in retail and other businesses. Turner and Son Wholesale. The business gave way to retail, and the first Dollar General opened in Springfield, Ky. When Cal Turner, Jr. Jeffrey Owen is the chief operating officer. Dollar General presented Clovis Community College with a grant for their adult literacy program at a special ribbon-cutting ceremony. Our global sourcing helps to provide the low, everyday prices our customers count on.
Dollar General partners with St. Dollar General reinforced its leadership among small-box discounters by adding Visa's credit and check cards as payment options, making the shopping experience more convenient and easy for customers.
Under Rick's leadership, Dollar General has experienced impressive growth and redefined the dollar sector. Learn more about Rick Dreiling. Rick led one of the most dramatic turn-around efforts in retail history, culminating in the company's re-emergence as a public company through a successful Initial Public Offering on the NYSE November 13, Rick has been an active leader in the community, serving on the board of the Monroe Carell Jr.
A graduate of Rockhurst University, Inc. Dollar General has been a leader in programs like "Paychecks to Patriots," which matches veterans with career opportunities. The introduction of Rexall at Dollar General is a union of two brands that represent time-tested quality and commitment to caring for its customers and their families. For more than years, generations of Americans have relied of the Rexall brand for their health care needs. The trusted brand is available exclusively at Dollar General.
Ten employees were chosen to model the new line in advertising and other promotions. Each typical Dollar General store sells approximately 10, items of name and private label merchandise, including health and beauty, home cleaning supplies, housewares, seasonal items and basic clothing.
We also sell an assortment of packaged foods as well as some refrigerated and frozen foods. This milestone reiterates our commitment to bringing unmatched convenience and value to customers across the nation.
Learn more about Todd Vasos. In November of , he was promoted to Chief Operating Officer. Prior to joining Dollar General, Todd served in executive positions with Longs Drug Stores Corporation for seven years, including Executive Vice President and Chief Operating Officer February through November and Senior Vice President and Chief Merchandising Officer — , where he was responsible for all pharmacy and front-end marketing, merchandising, procurement, supply chain, advertising, store development, store layout and space allocation, and the operation of three distribution centers.
On May 30, , Dollar General opened its 12,th store in the small, historic town of Juliette, Georgia and hosted a community celebration to mark the company milestone. In , the chain initiated a rapid expansion of refrigerated spaces by remodeling stores to accommodate more cooler doors, and a year later, it launched DG Fresh for self-distribution of fresh and frozen food.
For those who are apprehensive about buying vegetables from Dollar General, a study by University of Nevada in Las Vegas suggests the quality of produce at dollar stores matches that of other grocery stores.
Dollar stores including Dollar General have been in the spotlight for adding to the health crisis in low-income America. Country commissioner Lorraine Cochran Johnson of Dekalb County, Georgia, told CBS News that there is a direct correlation between the pattern of growth of dollar stores and areas that have high obesity, hypertension and high blood pressure. In , after getting feedback from its customers that they were unable to find affordable options for food with low sodium, calorie, fat, and sugar levels, the company introduced their 'Better For You' initiative, adding yogurt, protein bars, coconut water, and other healthier options to its store, CNN Business reports.
During the recession of , people gravitated toward discount stores to save money. This attitude towards shopping has continued among American shoppers, according to Business Insider.
This continuing habit has made dollar stores such as Dollar General a viable option for consumers even if they earn a high income, and can afford items at other stores. Which is why Dollar General is essentially recession proof. They do well in times when the economy takes a downturn, and also when the economyis doing good. Most items at a Dollar General are priced 20 to 40 percent less than those same items at other grocery and drug stores.
This does not necessarily mean that those items are discounted. University of Michigan did a study via The Washington Post where they revealed that the lower-income groups in fact spent 5. According to a report on Business Insider , in certain cases, if you compare the prices for the same products at both Dollar General and Walmart , you might find that Dollar General is more expensive by a small percentage.
The company has been re-branding and promoting their private label brands, as they continue to perform well across their stores. Private labels are a win-win situation for discount stores like Dollar General. While it gives the company greater control over manufacturing costs and the liberty to set its own prices, and ensure higher margins, for a consumer it makes a product available at half the price of its name-brand equivalent.
The attitude towards private labels has seen a change in recent times, with more consumers placing less loyalty with big brands. In fact, in Forbes quotes a Nielson report that says 71 percent of Americans consider a store brand as an alternative to well-known brands. Maybe customers have become less picky, or maybe store brands have seen an increase in quality. Either way, Dollar General wins.
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