GOODLETTSVILLE, Tenn. — Dollar General Corp. on Thursday said net sales increased 8.3% to $6.6 billion in its first quarter. Same-store sales increased 3.8% in the 13 weeks ended May 3, as shoppers spent more on seasonal products, home goods and food items. Operating profit rose 4.5% to $512.2 million. The company opened 240 new
NEW YORK — Mass Market Retailers presented its 2018 Retailer of the Year awards Wednesday night in New York City. The event drew retailer and supplier executives from across the food, drug and mass channels. Target Corp. was honored as MMR‘s 2018 Retailer of the Year. The award was given in recognition of the work
GOODLETTSVILLE, Tenn. — Dollar General Corp. said Tuesday that its customers can now complete Western Union money transfers at its more than 15,400 stores. The retailer’s partnership with Western Union means that people can initiate international and domestic money transfers digitally using the Western Union mobile app or by visiting westernunion.com, and then pay in person at Dollar
CHESAPEAKE, Va. — Dollar Tree Inc. plans to renovate at least 1,000 Family Dollar stores this year and close hundreds of others as it seeks to improve the performance of the chain it acquired in 2015 following a bidding war with Dollar General Corp. Dollar Tree announced the plans as it reported fiscal fourth quarter
GOODLETTSVILLE, Tenn. — Maintaining an aggressive growth strategy, Dollar General Corp. will open 975 stores this fiscal year and remodel another 900. The company projects 2019 capital expenditures of $775 million to $824 million, up from $734 million last year. Capturing growth opportunities is an operating priority, chief executive officer Todd Vasos said during a
GOODLETTSVILLE, Tenn. — Dollar General Corp. reported that its fiscal fourth quarter revenue rose more than 8% to $6.65 billion, compared with $6.13 billion in the fourth quarter of the prior year. For the full year, revenue increased 9.2%, the company said on Thursday. Comparable-store sales were up 4% in the quarter ended February 1,
When Jeff Owen was named executive vice president of store operations at Dollar General in June 2015, he hit the ground running. He quickly developed a vision focused on elevating talent, building an execution machine and upgrading the customer experience. Now, three years later, Owen’s vision remains the same, although he is constantly developing new
GOODLETTSVILLE, Tenn. —Dollar General Corp. reported Tuesday that its same-store sales increased 2.8% in the third quarter. Net sales increased 8.7% to to $6.4 billion. The company reported net income of $334 million for the third quarter of 2018, up from $253 million in the third quarter of 2017. Diluted earnings per share grew 35.5%
GOODLETTSVILLE, Tenn. — Dollar General Corp. posted sales and earnings gains that beat Wall Street estimates in the second quarter. Net sales increased 10.6% to $6.4 billion in 13 weeks ended August 3, up from $5.8 billion in comparable prior year period. Same-store sales increased 3.7%, driven by increases in average transaction amount and customer traffic. The company
NEW YORK — Mass Market Retailers on Tuesday evening honored the outstanding executives who were identified by the publication as the industry’s Most Influential Women in 2018. On hand to receive awards were the following executives: Lisa Badgley, senior vice president of operations at Walgreens Lauren Brindley, group vice president and GMM of beauty and
WILMINGTON, N.C. — Dollar General kicked off the grand opening of its 15,000 store in Wilmington, North Carolina, by hosting a community celebration and donating $15,000 to five local schools to support literacy and education initiatives. “Opening our 15,000 store is a major milestone for Dollar General,” said Todd Vasos, Dollar General’s chief executive officer and
GOODLETTSVILLE, Tenn. — Dollar General Corp. has announced plans to build a new distribution center in Longview, Texas, which a company spokeswoman says will create around 400 jobs and serve some 1,000 Dollar General stores in Texas and the southeast. Construction on the state-of-the-art one-million-square-foot facility is expected to begin in early 2018. “Dollar General