Mid-state based Dollar General expects continued growth
NEW YORK (AP) — Dollar General Corp. is aggressively expanding its footprint.
The chain, based in Goodlettsville, Tennessee, said that it plans to add about 2,000 stores over the next two years, bringing the total count to more than 14,000 stores.
Dollar General plans to open 900 new stores and relocate or remodel 875 stores in the current year. For next year, it forecasts opening 1,000 new stores and plans relocations or remodels of 900 stores.
It also projects annual net sales to increase 7 percent to 10 percent.
During the Great Recession, Dollar General, along with other dollar chains, attracted legions of followers looking to save money. It capitalized on its appeal by expanding offerings of name-brand goods.