Table of Contents
- 1 How many new stores will Dollar General open in 2021?
- 2 Is Dollar General expanding?
- 3 Is Dollar Tree and Family Dollar merging?
- 4 How many Dollar General stores have closed?
- 5 Who is Dollar Tree merging with?
- 6 When does Dollar General Plan to open new stores?
- 7 Where are the Dollar General popshelf stores located?
How many new stores will Dollar General open in 2021?
1,050 new store
The company opened 270 new stores in the quarter, remodeled another 477 and relocated 25 others. Dollar General plans to execute 2,900 real estate projects in fiscal 2021, including 1,050 new store openings, 1,750 store remodels and 100 store relocations.
Is Dollar General expanding?
In 2020, Dollar General opened more than 1,000 new stores, and remodeled another 1,670 locations. This year, Dollar General plans to open 1,050 new stores, remodel 1,750 stores and relocate 100 stores, representing 2,900 real estate projects in total.
Is Dollar Tree and Family Dollar merging?
Dollar Tree Inc. said Thursday it will complete its $9.2 billion acquisition of Family Dollar stores on Monday after federal regulators approved an agreement to meet antitrust concerns. The combined company will be the largest discount retailer in North America, with more than 13,000 stores.
Are Dollar Tree Stores closing?
Dollar Tree is the latest retailer to announce that they are closing hundreds of stores in the United States. Last year, Dollar Tree closed 85 of its locations. Along with closing those 390 locations, Dollar Tree plans to remodel 200 Family Dollar locations to become Dollar Tree.
What does NCI stand for at Dollar General?
Non-Consumables Initiative
Dollar General also plans to expand its Non-Consumables Initiative (NCI), which brings stores an expanded home section, including home decor, bath, kitchen and party items. More than 5,800 stores offered the NCI concept at the end of 2020.
How many Dollar General stores have closed?
78 Dollar General stores
Year-to-date, the Company has opened 553 Dollar General stores and five Dollar General Markets and has closed 78 Dollar General stores, 14 of which were closed due to damage caused by hurricanes.
Who is Dollar Tree merging with?
Family Dollar
“The combination of Dollar Tree and Family Dollar affords the Company a transformational opportunity to serve more customers in all types of markets,” the statement said, noting the pairing of Family Dollar’s value and assortment which ranges from groceries to household items with Dollar Tree’s “thrill of the hunt” …
When does Dollar General Plan to open new stores?
The retailer plans to open 1,050 stores in 2021. The New Year will again bring significant store expansion for Dollar General as the retailer continues to rollout its DG Fresh food offerings along with other merchandising initiatives.
How many Dollar General Stores are there in the US?
Dollar General is doubling down on brick-and-mortar by building bigger stores and expanding Popshelf, a new chain aimed at higher-income, suburban customers. On Thursday, the discounter laid out aggressive plans for the fiscal year that called for the company to open 1,050 stores, remodel 1,750 sites and relocate 100 others.
Who is the current CEO of Dollar General?
CEO Todd Vasos also highlighted other initiatives that promise to play big roles for the retailer in 2021. That includes the ongoing rollout of its newest retail store concept Popshelf, with the retailer’s signature bright-yellow branding nowhere to be found.
Where are the Dollar General popshelf stores located?
The retailer opened the first two Popshelf stores in the fall near Nashville, Tennessee. Popshelf sells home decor, beauty items, cleaning supplies and party goods, with almost all items costing $5 or less.