DG - Dollar General Corp
Company Overview
Name
Dollar General Corp
Tickers
DG
Exchanges
NYSE
Employees
185800
Founded
1939
Sector Information
Other Information
CIK
29534
Category
Large accelerated filer
1-Line Summary
Dollar General is the largest discount retailer in the U.S., offering low-priced everyday essentials across thousands of stores.
Company summary
Dollar General is the largest discount retailer in the United States, operating over 20,000 stores across 48 states and Mexico. The company offers a wide array of merchandise, including consumable items, seasonal goods, home products, and apparel, catering to low and fixed-income households with prices typically at $10 or less. Their business model focuses on providing everyday low prices through a small-box store format, making shopping convenient and quick, thereby driving customer loyalty and frequent visits.
Founded in 1939, Dollar General has a long history of profitable growth, marked by consistent same-store sales growth since 1990. The company continuously evaluates consumer needs, optimizing its merchandise selections and expanding its store base, especially with initiatives such as the pOpshelf concept aimed at capturing a broader market. As of now, the retailer is eyeing international expansion opportunities, particularly in Mexico, reflecting its commitment to growth in various market conditions.
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