GOODLETTSVILLE, Tenn. — Higher prices attracted more belt-tightening shoppers to its stores and helped Dollar General Corp. post quarterly sales and profits that topped Wall Street’s estimates for the discount retailer’s second quarter. Dollar General said net sales rose 9% to $9.4 billion in the quarter ended July 29, pushing net income to $678 million,
Dollar General Corp. on August 30 announced new leadership promotions and roles for nine officers. Shweta Bhatia has joined Dollar General as senior vice president of technology engineering. Bhatia brings more than 20 years of retail, technology and leadership experience in solution delivery and transformational strategic initiatives to the IT team. In this role, she
GOODLETTSVILLE, Tenn. — Dollar General reported fiscal second-quarter earnings that beat Wall Street estimates. The retailer also raised its sales outlook for the year. The value retailer said Thursday that its net sales for the quarter ended July 29 increased 9%, to $9.4 billion, and same-store sales increased 4.6%. The company’s operating profit for the
GOODLETTSVILLE, Tenn. — Dollar General Corp. chief executive officer Todd Vasos plans to step down from his position effective November 1. He will be succeeded by Jeff Owen, who has served as Dollar General’s chief operating officer since 2019. As part of the leadership transition, Vasos is expected to serve in a senior advisory position,
GOODLETTSVILLE, Tenn. — Dollar General Corp. on Friday appointed Ana Chadwick, executive vice president and chief financial officer of Pitney Bowes Inc., to its board of directors, effective July 30, 2022. “Dollar General is pleased to welcome Ana to our board of directors,” said Dollar General board chairman Michael Calbert. “She brings valuable international experience
GOODLETTSVILLE, Tenn. — Dollar General on Thursday announced the appointment of four members to a newly established Healthcare Advisory Panel that will help guide the retailer as it expands its health and wellness offerings. “Dollar General is excited to take these next bold steps on our healthcare journey and welcomes these talented and respected professionals
GOODLETTSVILLE, Tenn. — Dollar General plans to add three new distribution centers to its network. The new facilities will be located in North Little Rock, Ark., Aurora, Colo., and Salem, Ore. Collectively they represent a $480 million investment and will create up to 1,100 jobs when they are all up to full capacity. “We look
GOODLETTSVILLE, Tenn. — Dollar General Corp. chief executive officer Todd Vasos plans to step down from his position effective November 1, the company announced on Tuesday. He will be succeeded by Jeff Owen, who has served as DG’s chief operating officer since 2019. As part of the leadership transition, Vasos is expected to serve in
GOODLETTSVILLE, Tenn. — Dollar General has promoted seven executives to new leadership roles, the company said. Mark Banister has been promoted to senior vice president of in-store experience. In this role, Banister will lead the space management, project execution and support, fixtures and supplies, and store planning teams. He joined Dollar General in 2009 and
GOODLETTSVILLE, Tenn. — Dollar General has appointed 11 executives to new leadership roles. Matthew Simonsen has been promoted to senior vice president of real estate and development. Simonsen joined Dollar General in 2013, and has held roles in store operations, procurement, pricing, business analytics and merchandising planning. He joined the DG real estate and development
GOODLETTSVILLE, Tenn. – Dollar General has promoted a number of executives across various corporate functions, in a move the company says reflects its culture of employee growth and development, as well as its prioritization of leadership diversity. In all the company announced 11 appointments, including promotions from within its own teams and appointments of executives
GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported net sales of $8.8 billion for its fiscal year 2022 first quarter, an increase of 4.2% over the prior-year period. The net sales increase was primarily driven by positive sales contributions from new stores, partially offset by a slight decline in same-store sales and the impact of