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Dollar General opens 975 stores this year



The company said Thursday that it will open 975 new stores in the US this year. Dollar General will also rebuild 1,000 older stores with new line lines to run the last minute impulse buyer. It will also spruce up its health and beauty sections.

Dollar General has grown for years in rural America. 900 stores opened in 2018 and 1,315 the year before. It has over 14,500 stores across the country, and sales have increased for 29 straight years.
Dollar General ( DG ) caters mainly to customers with low and medium customers in rural and suburban areas. It helps stand out against the suburbs like Dollar Tree ( DLTR ) and Family Dollar, which focus on urban customers. Family Dollar has struggled in recent years and will close nearly 400 stores this year.
  Family Dollar will close almost 400 stores

Dollar General is looking to build stores in rural areas where a ledger or grocery store is not within 15 or 20 miles. It gives the company close proximity to buyers and compels more frequent store visits. The company says that 75% of the premises are in cities with 20,000 or fewer people.

The uneven economic upturn in the US has bent Dollar General in recent years.

"While the economy is doing well, our core customer is continuing to struggle," dollar general manager Todd Vasos told analysts last year.

dollars general even increased during the holidays. Dollar General's sales in stores open at least one year increased by 4% over the last quarter compared to a year earlier, beating analysts' expectations.

The US Government's closure contributed to the Dollar General's sale being due to the Department of Agriculture falling out in February's SNAP benefits early, the company said. It also became a boost from several buyers who bought food and home products, such as kitchen utensils and small appliances.

In 2019, Dollar General plans to focus on selling more groceries and fresh food. It is adding parts and refrigerators to hundreds of stores.

Dollar General has said that offering fruits and vegetables in stores in rural and urban food deserts can "drive a tremendous amount of traffic."

The strategy can also help Dollar General compete with larger rivals such as Walmart ( WMT ) and to reverse the threat of German discount grocery chains Aldi and Lidl. Aldi has poured billions of dollars into new stores of fresh foods. Lidl bought a few dozen Best Market grocery stores in New York and New Jersey last month.

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