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Dollar General will open 975 stores this year



The company said it will open 975 new stores in the United States this year. Dollar General will also remodel 1,000 older stores with new queues to boost impulse purchases in the last minute. He will also take care of his health and beauty sections.

The general dollar has grown in the American countryside for years. It opened 900 stores in 2018 and 1,315 the previous year. It has over 14,500 stores across the country and sales have increased for 29 consecutive years.
Dollar General ( DG ) is aimed primarily at low and middle income customers in rural and suburban areas. This helps distinguish itself from suburban chains like Dollar Tree ( DLTR ) and Family Dollar, which focuses on urban customers. Family Dollar has struggled in recent years and will close nearly 400 stores this year.
  Family Dollar will close nearly 400 stores

The dollar general appears to be building stores in rural areas where a large box retailer or grocery store is not within 15 or 20 miles . This gives the company close proximity to buyers and forces visits to the most frequent shops. The company states that 75% of its offices are in the city with 20,000 or fewer people.

The irregular economic recovery in the United States has fueled the general dollar in recent years.

"While the economy is going very well, our core customer continues to struggle," said chief executive of general dollar Todd Vasos to analysts last year.

The general dollar rose even during the holidays. Dollar General's sales in stores that have been open for at least a year increased 4% during the most recent quarter compared to a year earlier, exceeding analyst expectations.

The closure of the US government helped the sales of the General Dollar because the Department of Agriculture canceled the February SNAP benefits in advance, the company said. It has also received an increase from buyers who buy food and household products, such as kitchen utensils and small appliances.

In 2019, Dollar General intends to focus on the sale of food and fresh foods. Add production sections and refrigerators to hundreds of stores.

The general dollar said that offering fruit and vegetables in stores in rural and urban food deserts can "drive an enormous amount of traffic".

The strategy could also help the general dollar compete with larger rivals such as Walmart ( WMT ) and reject the threat of the German Aldi discount food chains and Lidl. Aldi has poured billions of dollars into new stores with fresh food sections. Last month Lidl bought a dozen Best Market grocery stores in New York and New Jersey.

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