Acquisition of 41 outlets will support store relocations

GOODLETTSVILLE, Tenn. — Dollar General Corp. announced Wednesday that it has completed the purchase of 41 former Walmart Express locations in 11 states. Dollar General expects to relocating 40 existing Dollar General stores into the acquired sites by October. It will also enter one new market through the deal.

Terms of the transaction were not disclosed.

“Dollar General is excited to add these locations to our existing store base,” chief executive officer Todd Vasos said in a statement. “We look forward to the opportunity to better serve our customers in these communities by continuing to provide the convenience and value they expect from Dollar General.

Dollar General said the newly-relocated stores will feature the retailer’s DG16 layout with additional sales floor square feet, complete with expanded offerings of fresh meat and produce. Thirty-seven of the stores will include fueling stations.

The acquired Walmart Express stores are located in the following markets:

• Ashford, Ala.
• Gurley, Ala.
• New Hope, Ala.
• Coal Hill, Ark.
• Mulberry, Ark.
• Interlachen, Fla.
• Alma, Ga.
• Ashburn, Ga.
• Donalsonville, Ga.
• Lakeland, Ga.
• Pearson, Ga.
• Pelham, Ga.
• Columbus, Kan.
• Hillsboro, Kan.
• Rose Hill, Kan.
• Clinton, La.
• Independence, La.
• Kentwood, La.
• Belmont, Miss.
• Calhoun City, Miss.
• Mantachie, Miss.
• Nettleton, Miss.
• Sardis, Miss.
• Broadway, N.C.
• Carthage, N.C.
• Coats, N.C.
• Four Oaks, N.C.
• Liberty, N.C.
• Pikeville, N.C.
• Princeton, N.C.
• Red Springs, N.C.
• Richfield, N.C.
• Snow Hill, N.C.
• Stedman, N.C.
• Yanceyville, N.C.
• Luther, Okla.
• Okemah, Okla.
• Stroud, Okla.
• Wewoka, Okla.
• Gray Court, Okla.
• Dover, Tenn.

Only the store in Coal Hill, Ark., will be a new Dollar General location, rather than a relocation of an existing store.

As of April 29, Dollar General operated 12,719 stores in 43 states.