dollar general news 2020

The discount chain of more than 16,000 stores saw sales from stores open at least one year soar 18.8% during the second quarter, which ended July 31. As part of its mission of Serving Others, Dollar General is deeply involved in the communities it serves and is an ardent supporter of literacy and education through the Dollar General Literacy Foundation, which awards grants each year to nonprofit organizations, schools and libraries within a 20-mile radius of a Dollar General store or distribution center to support adult, family, summer and youth literacy programs. These cookies do not store any personal information. © 2020 Forbes Media LLC. What’s Next: Even before the recession, the discount retailer was growing rapidly and this next phase of suburban growth should be just as strong. Office Phone – +1(314) 808-1870 DG The company is launching its first two Popshelf stores in Nashville in the coming weeks and plans to open 30 more by the end of next year.The new stores are opening at a difficult time for retailers – especially physical stores which have been forced to close during the pandemic. Individuals interested in joining one of America’s fastest-growing retailers with competitive wages and benefits, world-class training and development and the ability to further their career within a growing organization may apply online at www.dollargeneral.com/careers. World News, National News & States Top Leading News. Dollar General has strong ambitions to win over more high-end consumers by opening new “Popshelf” stores aimed at suburban shoppers. All rights reserved. Each store is expected to employ approximately six to 10 employees, depending on the individual needs of the store. Nicola Sturgeon urged to close all pubs to stop the spread of the coronavirus... Rey Mysterio allegedly worked without a contract with WWE, Gordon Stuckless, a sex offender at Maple Leaf Gardens, has died. If we look at the power of the black dollar across these consumables, African Americans spend nearly $54 million a year in the ethnic hair and beauty space. Get the latest Dollar General Corporation (DG) stock news and headlines to help you in your trading and investing decisions. Discount retailer Dollar General

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Previously, I produced TV for the number one business news network on CNBC’s top rated shows Squawk on the Street and Squawk Alley. But Dollar General has been well positioned as a bargain store in a time of economic uncertainty for millions of Americans. We believe the addition of each new Dollar General store presents positive economic growth for the communities we serve through the creation of local career opportunities and the ability for customers to purchase affordable, quality items in our easy-to-shop, small box format.
Each store will be about 9,000 square feet, making them bigger than Dollar General’s regular convenience stores. Business News: Dollar General Announces Plans to Expand to 46 States in 2020. Wildwood, Missouri 63040, Email: Marty@STLMedia.Agency I am the CEO of CultureBanx covering the intersection of business, technology and innovation for minorities. GOODLETTSVILLE, TN (STL.News) Dollar General Corporation (NYSE: DG) today reported financial results for its fiscal year 2020 second quarter (13 weeks) ended July 31, 2020. To keep sales going with its new Popshelf concept tapping into diverse suburbs will be key. © Copyright 2020. Prior to tapping into the suburban maret, Dollar General had been attempting to fill food desert voids in many communities. All Rights Reserved, This is a BETA experience. I was raised in investment banking while working at UBS internationally and Goldman Sachs in the states. All Rights Reserved. Office Phone – +1(314) 808-1870 Dollar General Announces One-Day-Only Early Holiday Savings on November 13.

Save my name, email, and website in this browser for the next time I comment. Email Exclusives -Sign up to receive special offers and news from Dollar General: Stay Connected - Join the conversation, get mobile alerts, or lean about us. Marty Smith – +1 (417) 529-1133, Kevin Email: Info@MO.Properties Kevin Amant – +1 (314) 803-872, Dollar General Corporation Reports Second Quarter 2020 Results, Quanta Services Announces Quarterly Cash Dividend, US Department of State: Moldova National Day, SEC Files Administrative Proceeding Against Mohammed Ali Rashid, Kimberly-Clark Announces Executive Leadership Changes, Stocks fall due to no stimulus, rising COVID cases, and election uncertainty, Stocks down with the DJIA down over 730 points. Dollar General Promotes Emily Taylor to Executive Vice President and Chief Merchandising Officer, A $4 Million Difference: Dollar General Literacy Foundation Awards Funds to Support a Successful 2020-2021 School Year, Dollar General Provides $50,000 to Support American Red Cross Efforts. Kevin Amant – +1 (314) 803-872, Business News: Dollar General Announces Plans to Expand to 46 States in 2020, Birthday Celebration at Candicci’s Restaurant and Bar in Ballwin, Missouri, Deputy Secretary Sullivan’s Participation in Second U.S.-Russia High-Level Counterterrorism Dialogue with Russian Deputy Foreign Minister Syromolotov, SEC Files Administrative Proceeding Against Mohammed Ali Rashid, Kimberly-Clark Announces Executive Leadership Changes, Stocks fall due to no stimulus, rising COVID cases, and election uncertainty, Stocks down with the DJIA down over 730 points. Referrals to a local organization that provides free literacy services are available online here or a postage-paid reply card that can be mailed in for information is available at the cash register of every Dollar General store. As a result of the team’s strong execution and tireless commitment to serving our customers, we are pleased to report strong second-quarter financial results.”, “We continue to operate from a position of strength and are excited to announce the acceleration of several key strategic initiatives, including the rollout of DG Pickup, DG Fresh, and our Non-Consumables initiative, as well as an increase in our expected number of real estate projects for fiscal 2020.

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