Headlines

Dollar General Plans to Open 1000 Stores

Invests in company’s future by increasing stores, store managers’ pay and training

Published

7 years ago

March 17, 2017

Dollar General (Goodlettsville, Tenn.) announced that the company plans to open approximately 1000 new stores and remodel or relocate 900 existing ones in fiscal 2017.

The company also plans to increase wages as well as increase training for store managers. It hopes that these changes will improve service quality in the long-run, though it will put pressure on the company’s earnings for 2017.

“To strengthen our position for the long term, we are making significant investments, primarily in compensation and training for our store managers given the critical role this position plays in our customer experience, as well as strategic initiatives,” said Dollar General’s CEO Todd Vasos, reports Chain Store Age.

The news comes in conjunction with the release of the company’s better-than-expected fourth-quarter sales and earnings. Net sales for the company increased by 13.7 percent, to $6 billion, for the quarter.

MasterClass: ‘Re-Sparkling’ Retail: Using Store Design to Build Trust, Faith and Brand Loyalty

HOW CAN WE EMPOWER and inspire senior leaders to see design as an investment for future retail growth? This session, led by retail design expert Ian Johnston from Quinine Design, explores how physical stores remain unmatched in the ability to build trust, faith, and loyalty with your customers, ultimately driving shareholder value.

Presented by:
Ian Johnston
Founder and Creative Director, Quinine Design