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Dollar General

Dollar General’s revenue rises in Q4

Dollar General’s revenue rises in Q4

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,

MMR names Owen Operations Exec of the Year

MMR names Owen Operations Exec of the Year

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

Dollar General beats earnings estimates in Q2

Dollar General beats earnings estimates in Q2

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

MMR honors Retailing’s Most Influential Women

MMR honors Retailing’s Most Influential Women

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

Dollar General opens its 15,000th store

Dollar General opens its 15,000th store

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

Dollar General to construct new DC

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

Dollar General earns Coca-Cola’s veterans award

Dollar General earns Coca-Cola’s veterans award

GOODLETTSVILLE, Tenn. — Dollar General Corp. is set to become the first retailer honored by Coca-Cola Co. for its engagement with and outreach to the U.S. military community. Coca-Cola plans to bestow its President’s Veterans Recognition Award on the retailer during a ceremony in Atlanta on November 10. The award, to be presented by Sandy

Dollar General announces holiday initiatives

Dollar General announces holiday initiatives

GOODLETTSVILLE, Tenn. — With the year-end holidays approaching, Dollar General announced it is offering customers everyday low prices on thousands of items useful in celebrating “affordably and in style,” with a holiday assortment that includes home décor in trendy themes, gifts for family and friends, fashionable apparel for winter weather and food and snack items.

Distribution center launched by Dollar General

GOODLETTSVILLE, Tenn. — Dollar General officials were joined earlier this month by local dignitaries, including House Speaker Paul Ryan (R., Wis.), at a grand opening ceremony for the retailer’s 14th distribution center, in Ryan’s hometown of Janesville, Wis. Dollar General invested about $100 million in the facility, creating more than 500 local jobs, according to

Dollar General sales rise 13.7% in Q4

Dollar General sales rise 13.7% in Q4

GOODLETTSVILLE, Tenn. — Dollar General Corp. reported fiscal fourth quarter earnings of $414.2 million, or $1.49 per share. Revenue rose 13.7% to $6.01 billion. For the fiscal year, the discounter posted a profit of $1.25 billion, or $4.43 per share, the company announced on Thursday. Dollar General expects 2017 full-year diluted earnings to be $4.25