Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, Midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine. The company's consumable products also comprise snacks, such as candies, cookies, crackers, salty snacks, and carbonated beverages; health and beauty products, including over-the-counter medicines and personal care products, such as soaps, body washes, shampoos, cosmetics, and dental hygiene and foot care products; pet supplies and pet food; and tobacco products. In addition, it offers seasonal products comprising holiday items, toys, batteries, small electronics, greeting cards, stationery, prepaid phones and accessories, gardening supplies, hardware, and automotive and home office supplies; and home products that include kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen, and bed and bath soft goods. Further, the company provides apparel, which comprise casual everyday apparel for infants, toddlers, girls, boys, women, and men, as well as socks, underwear, disposable diapers, shoes, and accessories. As of February 25, 2022, it operated 18,190 stores in 47 states in the United States. The company was formerly known as J.L. Turner & Son, Inc. and changed its name to Dollar General Corporation in 1968. Dollar General Corporation was founded in 1939 and is based in Goodlettsville, Tennessee.
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- A compact, value-focused Walmart for everyday essentials, often found in smaller towns.
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Major Products of Dollar General (DG)
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Consumables: This category encompasses packaged food, dairy products, beverages, health and beauty aids, over-the-counter medicines, and pet supplies.
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Seasonal, Home Products & Apparel: Includes seasonal goods, home décor, kitchenware, small appliances, stationery, party supplies, and basic clothing for all ages.
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Household & Cleaning Supplies: Offers a variety of household cleaning products, laundry detergents, trash bags, and paper products like toilet paper and paper towels.
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Dollar General (symbol: DG) is a retail company that primarily sells directly to individual consumers through its network of discount stores. Therefore, its major customers are not other companies, but rather categories of individuals it serves.
The up to three major categories of individual customers Dollar General serves are:
- Low-to-Middle Income Households/Budget-Conscious Shoppers: This is Dollar General's core demographic, attracted by the everyday low prices on household essentials, food, and other goods. These customers are often seeking value and stretching their budgets.
- Rural and Underserved Communities: A significant portion of Dollar General's stores are located in small towns and rural areas where access to larger supermarkets, pharmacies, or big-box retailers may be limited. For these communities, Dollar General often serves as a primary, convenient shopping destination for daily needs.
- Convenience Shoppers: Customers who prioritize quick and easy access to household items, groceries, and other necessities close to home or work. Regardless of income, these individuals choose Dollar General for its proximity and straightforward shopping experience for fill-in purchases or immediate needs.
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Here is the management team for Dollar General:
Todd Vasos, Chief Executive Officer
Mr. Vasos returned as Chief Executive Officer of Dollar General Corporation in October 2023, having previously served in the role from June 2015 to November 2022. He joined Dollar General in December 2008 as Executive Vice President, Division President, and Chief Merchandising Officer, and was promoted to Chief Operating Officer in November 2013. Before joining Dollar General, Mr. Vasos held executive positions at Longs Drug Stores Corporation for seven years, including Executive Vice President and Chief Operating Officer, and Senior Vice President and Chief Merchandising Officer. He also served in leadership roles at Phar-Mor Food and Drug Inc. and Eckerd Corporation. During his initial tenure as CEO, Dollar General expanded its store base significantly, grew annual sales revenue by over 80%, and more than doubled its market capitalization. He was instrumental in creating the company's private brand program and launching "store within a store" concepts.
Donny Lau, Executive Vice President and Chief Financial Officer
Mr. Lau serves as the Executive Vice President and Chief Financial Officer of Dollar General. Prior to this role, specific details about his background concerning founding or managing other companies, selling companies, or patterns of managing private equity-backed companies are not readily available in the provided search results.
Steve Deckard, Executive Vice President, Strategy and Development
Mr. Deckard serves as the Executive Vice President of Strategy and Development for Dollar General. Specific details about his background are not readily available in the provided search results.
Tracey Herrmann, Executive Vice President, Store Operations
Ms. Herrmann is the Executive Vice President of Store Operations at Dollar General. She previously served as Senior Vice President - Store Operations. Specific details about her background are not readily available in the provided search results.
Kathy Reardon, Executive Vice President and Chief People Officer
Ms. Reardon holds the position of Executive Vice President and Chief People Officer at Dollar General. Specific details about her background are not readily available in the provided search results.
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Increasing penetration of online grocery and general merchandise services into rural and lower-income markets.
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Dollar General (DG) operates within several addressable markets in the United States, primarily focusing on discount retail, convenience, and grocery sectors. The company's main product categories include highly consumable items, seasonal products, home products, and basic clothing.
The estimated addressable market sizes for Dollar General's main products and services in the U.S. are as follows:
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Discount Retail Market (U.S.): The United States discount retail market was valued at approximately $102.1 billion in 2025. The Discount Department Stores industry in the United States is estimated at $107.3 billion in 2025. Furthermore, dollar stores and general merchandise stores are projected to generate almost $112 billion in 2024. The U.S. also leads globally as the largest discount store market, with $128 billion in sales in 2023.
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Convenience Store Market (U.S.): Total in-store convenience store sales in the U.S. are estimated at $297 billion in 2024. Another estimate for the United States Convenience Stores Market size was $159.93 billion in 2024, projected to reach $287.07 billion by 2033. Dollar General's stores provide a quick shopping experience, similar to convenience stores, for everyday essentials.
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Grocery Market (U.S.): Americans spend approximately $1 trillion on groceries annually. Dollar General has increasingly become a significant player in the grocery sector, especially for short, "in-and-out" trips for essentials. The company has steadily increased its share of grocery visits since 2019, drawing customers from traditional supermarkets.
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Here are 3-5 expected drivers of future revenue growth for Dollar General (DG) over the next 2-3 years:
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New Store Openings and Strategic Relocations: Dollar General continues its aggressive expansion strategy by opening new stores in the U.S. and internationally. For fiscal year 2025, the company plans to open approximately 575 new stores in the U.S. and up to 15 new stores in Mexico. Additionally, roughly 45 stores are slated for relocation, often into larger formats, to enhance market presence and customer service. This expansion directly increases Dollar General’s retail footprint and accessibility, particularly in underserved rural communities.
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Extensive Store Remodeling Programs (Project Renovate and Project Elevate): The company is investing significantly in improving its existing store base through comprehensive remodeling initiatives. In fiscal year 2025, Dollar General plans to execute approximately 4,250 store remodels, including 2,000 full remodels under "Project Renovate" and 2,250 lighter-touch remodels under the new "Project Elevate" strategy. These remodels aim to enhance the customer experience, optimize product placement, and expand offerings, with Project Elevate stores specifically targeted to drive first-year comparable sales lifts of 3% to 5%.
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Expansion of Private Label Offerings and Fresh Food Assortment: Dollar General is making a substantial investment in its private brand strategy, with plans to roll out more than 1,000 new private label items across various categories throughout 2025. This initiative is designed to increase basket size, boost margins, and appeal to price-sensitive customers seeking value without compromising quality. Furthermore, the company is expanding its fresh food offerings, aiming to introduce fresh produce to an additional 300 locations in 2025, bringing the total to approximately 7,000 stores. This "Food First" approach caters to essential needs and enhances the shopping experience.
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Growth in Digital Capabilities and Delivery Services: Dollar General is accelerating its omnichannel strategy by expanding its digital and delivery capabilities. This includes leveraging partnerships with services like DoorDash and a growing in-house same-day delivery service, which is now active in over 3,000 locations. The integration of SNAP and EBT payment options for online orders further broadens customer access and taps into new market segments, enhancing convenience and driving incremental sales.