Dollar General says it will open 975 new stores in the US this year and remodel 1,000 older stores
The company said Thursday it will open 975 new stores in the United States this year. Dollar General will also remodel 1,000 older stores with new queue lines to drive last-minute impulse buys. It will also spruce up its health and beauty sections.Dollar General has been growing for years in rural America. It opened 900 stores in 2018 and 1,315 the year prior. It has more than 14,500 stores across the country and sales have increased for 29 straight years.
"While the economy is doing very well, our core customer continues to struggle," Dollar General chief executive Todd Vasos told analysts last year.Dollar General even surged during the holidays. Dollar General's sales at stores open at least a year increased 4% during its most recent quarter compared with a year earlier, beating analysts expectations.
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