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Dollar General
Retail / Discount retail
At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
Dollar General Corporation is an American chain of variety stores headquartered in Goodlettsville, Tennessee. As of 2021, Dollar General operates over 17,000 stores in 46 states, making it the largest discount retailer in the United States by number of stores. The company was founded in 1939 by J.L. Turner and Cal Turner Sr. and was originally called J.L. Turner and Son Wholesale. In 1968, the company changed its name to Dollar General Corporation and went public on the New York Stock Exchange. The company's mission is to serve others, and their goal is to offer customers convenience, quality, and value in a pleasant shopping experience.
Products and services
Dollar General carries a variety of household essentials, including food, snacks, health and beauty products, home cleaning supplies, pet supplies, baby products, and seasonal items. They also offer a selection of home decor and kitchenware items, as well as some electronics and clothing. Dollar General is known for its private label brands, such as Clover Valley, DG Home, and DG Baby, which offer high-quality products at lower prices. The company also offers a variety of coupons and deals for even more savings.
Dollar General also provides a range of services, including money services, such as check cashing and money orders, and food assistance programs. They also have an online store and a mobile app for convenient shopping.
Community involvement
Dollar General is committed to giving back to the communities it serves. The company has several charitable programs, such as the Dollar General Literacy Foundation, which helps individuals learn to read, prepare for the high school equivalency test, and improve their basic education skills. They also have partnerships with various organizations that focus on disaster relief, youth development, and hunger relief. In addition, Dollar General employees are encouraged to volunteer and participate in community service projects.
Environmental sustainability
Dollar General is committed to minimizing its impact on the environment. The company has implemented several initiatives to reduce waste and promote sustainability, such as using LED lighting in stores, implementing recycling programs, and reducing energy consumption in its distribution centers. Dollar General also offers reusable shopping bags and encourages customers to bring their own bags. Additionally, the company has set goals to reduce its carbon footprint and increase the use of renewable energy sources.
Employment opportunities
Dollar General provides employment opportunities for individuals seeking part-time or full-time work. The company is committed to fostering a diverse and inclusive workplace and offers various training and development programs for its employees. Dollar General also offers competitive benefits, including health insurance, retirement plans, and employee discounts. Job opportunities at Dollar General can be found on their website or in-store.
In conclusion, Dollar General is a well-known and established retail company that offers a variety of household essentials and services. The company is committed to serving its customers, giving back to the community, and promoting environmental sustainability. Dollar General also provides employment opportunities and promotes diversity in its workforce.
Products and services
Dollar General carries a variety of household essentials, including food, snacks, health and beauty products, home cleaning supplies, pet supplies, baby products, and seasonal items. They also offer a selection of home decor and kitchenware items, as well as some electronics and clothing. Dollar General is known for its private label brands, such as Clover Valley, DG Home, and DG Baby, which offer high-quality products at lower prices. The company also offers a variety of coupons and deals for even more savings.
Dollar General also provides a range of services, including money services, such as check cashing and money orders, and food assistance programs. They also have an online store and a mobile app for convenient shopping.
Community involvement
Dollar General is committed to giving back to the communities it serves. The company has several charitable programs, such as the Dollar General Literacy Foundation, which helps individuals learn to read, prepare for the high school equivalency test, and improve their basic education skills. They also have partnerships with various organizations that focus on disaster relief, youth development, and hunger relief. In addition, Dollar General employees are encouraged to volunteer and participate in community service projects.
Environmental sustainability
Dollar General is committed to minimizing its impact on the environment. The company has implemented several initiatives to reduce waste and promote sustainability, such as using LED lighting in stores, implementing recycling programs, and reducing energy consumption in its distribution centers. Dollar General also offers reusable shopping bags and encourages customers to bring their own bags. Additionally, the company has set goals to reduce its carbon footprint and increase the use of renewable energy sources.
Employment opportunities
Dollar General provides employment opportunities for individuals seeking part-time or full-time work. The company is committed to fostering a diverse and inclusive workplace and offers various training and development programs for its employees. Dollar General also offers competitive benefits, including health insurance, retirement plans, and employee discounts. Job opportunities at Dollar General can be found on their website or in-store.
In conclusion, Dollar General is a well-known and established retail company that offers a variety of household essentials and services. The company is committed to serving its customers, giving back to the community, and promoting environmental sustainability. Dollar General also provides employment opportunities and promotes diversity in its workforce.
What is special about the company?
There are a few factors that make Dollar General stand out as a company:
1. Wide reach and accessibility: Dollar General operates over 16,000 stores in 46 states, making it one of the largest discount retailers in the United States. Its stores are located in both rural and urban areas, providing convenient access to a wide range of customers.
2. Focus on value and low prices: As a dollar store, Dollar General is known for offering a variety of products at affordable prices. This appeals to budget-conscious consumers and those looking for deals and discounts.
3. Varied product selection: Despite its name, Dollar General offers more than just products priced at $1. The store carries a mix of name-brand and private label products, including groceries, household items, beauty and health products, and seasonal items.
4. Community involvement: Dollar General has a strong commitment to giving back to the communities where it operates. The company has multiple programs and initiatives focused on education, literacy, and disaster relief.
5. Constant expansion and growth: Dollar General has experienced consistent growth and expansion since its founding in 1939. In recent years, the company has opened hundreds of new stores and expanded its product offerings, solidifying its position as a major player in the retail industry.
1. Wide reach and accessibility: Dollar General operates over 16,000 stores in 46 states, making it one of the largest discount retailers in the United States. Its stores are located in both rural and urban areas, providing convenient access to a wide range of customers.
2. Focus on value and low prices: As a dollar store, Dollar General is known for offering a variety of products at affordable prices. This appeals to budget-conscious consumers and those looking for deals and discounts.
3. Varied product selection: Despite its name, Dollar General offers more than just products priced at $1. The store carries a mix of name-brand and private label products, including groceries, household items, beauty and health products, and seasonal items.
4. Community involvement: Dollar General has a strong commitment to giving back to the communities where it operates. The company has multiple programs and initiatives focused on education, literacy, and disaster relief.
5. Constant expansion and growth: Dollar General has experienced consistent growth and expansion since its founding in 1939. In recent years, the company has opened hundreds of new stores and expanded its product offerings, solidifying its position as a major player in the retail industry.
What the company's business model?
The Dollar General company's business model is based on providing customers with a variety of low-priced consumer goods in convenient locations. They achieve this through a combination of strategic sourcing, efficient store layouts, and low overhead costs. Additionally, Dollar General focuses on offering a curated selection of basic household necessities, limited seasonal items, and private label products to attract budget-conscious shoppers. The company also emphasizes small-format stores located in rural and suburban areas, allowing them to reach underserved communities with limited access to retail options. Overall, Dollar General's business model is centered around offering affordable products in accessible locations to capture a broad customer base.
Interesting facts about the company
• Dollar General was founded in 1939 by James Luther Turner and Cal Turner Sr. in Scottsville, Kentucky.
• The first store was opened in 1955 in Springfield, Kentucky.
• The company went public in 1968 and listed on the New York Stock Exchange.
• In 2007, Dollar General was acquired by private equity firm KKR for $7.9 billion.
• Today, there are over 17,000 Dollar General stores in 46 states in the US.
• The company’s mission is to serve others by providing customers with quality and value.
• Unlike traditional retail stores, Dollar General focuses on selling affordable household goods, groceries, and other essential items in low-income and rural areas.
• The average Dollar General store is smaller than a traditional supermarket, typically around 7,400 square feet.
• Dollar General owns and operates its stores, unlike other discount stores that franchise their locations.
• Dollar General has its own private label brand, called DG brands, which includes products in categories such as groceries, household, pet, and beauty.
See Company Due Diligence:
• The first store was opened in 1955 in Springfield, Kentucky.
• The company went public in 1968 and listed on the New York Stock Exchange.
• In 2007, Dollar General was acquired by private equity firm KKR for $7.9 billion.
• Today, there are over 17,000 Dollar General stores in 46 states in the US.
• The company’s mission is to serve others by providing customers with quality and value.
• Unlike traditional retail stores, Dollar General focuses on selling affordable household goods, groceries, and other essential items in low-income and rural areas.
• The average Dollar General store is smaller than a traditional supermarket, typically around 7,400 square feet.
• Dollar General owns and operates its stores, unlike other discount stores that franchise their locations.
• Dollar General has its own private label brand, called DG brands, which includes products in categories such as groceries, household, pet, and beauty.
See Company Due Diligence:
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