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Dollar General chief executive officer Todd Vasos

Dollar General posts sales gains in first quarter

Dollar General posts sales gains in first quarter

GOODLETTSVILLE, Tenn. — Dollar General Corp. said Thursday that revenue jumped 30.5% to $6.1 billion in its first quarter as net sales increased 9%. Comparable-store sales rose 2.1% in the 13 weeks to May 4. First-quarter net income rose 9% to $365 million, or $1.36 per share. Dollar General reiterated its forecast for full-year earnings

Dollar General’s sales gain beats forecast

Dollar General’s sales gain beats forecast

GOODLETTSVILLE, Tenn — Dollar General Corp.’s shares rose early Thursday after the company reported strong results for its fourth quarter and fiscal year. Same-store sales increased 3.3% for the fourth quarter ended February 2, beating Wall Street forecasts, and increased 2.7% for the fiscal year. Same-store sales were driven by gains in the consumables and

Dollar General enters 44th state

Dollar General enters 44th state

GOODLETTSVILLE, Tenn. — Dollar General Corp. expanded into its 44th state on Sunday with the opening of a store in Hankinson, North Dakota. The company said it plans to open six additional stores in the state through this spring. “Celebrating today’s grand opening in North Dakota is very exciting for Dollar General,” Dollar General chief

Dollar General buys Walmart Express units

Dollar General buys Walmart Express units

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

Dollar General to construct new DC

GOODLETTSVILLE, Tenn. — Dollar General Corp. has acquired land in Jackson, Ga., that will serve as the location for a new 1 million-square-foot distribution center. The deep discount retailer announced the purchase earlier this month. The central Georgia site is situated in both Butts and Spalding counties. Plans call for construction to begin as early

Investment strategies

NEW YORK — Most retailers see online retailing as a critical part of their growth strategy, but that does not mean they can afford to neglect their brick-and-mortar stores. And in recent weeks a number of chains have detailed the sizable investments they plan to make in their physical stores this year. Dollar General Corp.,