STOCK TITAN

Dollar General Announces 19,000th Store Opening

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Dollar General has opened its 19,000th store in Joplin, Missouri, marking a significant milestone in the company's history. The celebration included a $19,000 donation to Royal Heights Elementary School, aiming to support literacy and education programs. CEO Jeff Owen emphasized the company’s ongoing commitment to serving communities across the states where it operates, including employing over 6,000 individuals in Missouri. The new store is expected to enhance local access to affordable products and contribute positively to the economy by creating jobs and generating tax revenue.

Positive
  • Opened 19,000th store, demonstrating significant growth.
  • Donation of $19,000 and 100 books supports local education.
  • Positive economic impacts anticipated from the new store.
Negative
  • None.

Company celebrates milestone store in Joplin, Missouri with community celebration and local school donation

GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)-- Dollar General (NYSE: DG) commemorated the grand opening of its 19,000th store in Joplin, Missouri today with a community celebration and $19,000 donation to a local elementary school. Customers also received complimentary DG gift cards, tote bags and product samples.

“Today marks an exciting milestone in Dollar General’s history as we open our 19,000th store,” said Jeff Owen, Dollar General’s chief executive officer. “Since opening our first Missouri store in 1973, Dollar General has a longstanding history in the state and proudly employs more than 6,000 Missourians through our store, distribution center and DG Private Fleet. I would like to express my sincere gratitude to the entire Dollar General family whose dedication to our customers helped us to reach this milestone. We look forward to continuing to serve the Joplin community.”

In keeping with Dollar General’s mission of Serving Others, Dollar General donated $19,000 and 100 new books to Royal Heights Elementary School in Joplin to support ongoing literacy and education programs.

“Joplin schools have been intentionally working to improve primarily literacy in the Joplin community,” said Breanna Faircloth, principal at Royal Heights Elementary. “We are extremely grateful for the Dollar General donation to further enhance these efforts, bringing us closer to achieving reading proficiency for all students.”

The Company believes the addition of each new store provides positive economic benefits including additional access to affordable products for customers; the creation of new jobs and career development opportunities for employees; the generation of additional tax revenue; and the ability for local nonprofits, schools and libraries to apply for literacy and education grants through the Dollar General Literacy Foundation.

Dollar General was founded as a wholesale venture in 1939 by J.L. Turner and his son, Cal Turner, Sr. The father and son duo opened the first Dollar General store in 1955 in Springfield, Kentucky.

Download high-resolution images from the celebration here.

About Dollar General Corporation

Dollar General Corporation has been delivering value to shoppers for more than 80 years. Dollar General helps shoppers Save time. Save money. Every day.® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at everyday low prices in convenient neighborhood locations. Dollar General operated 18,818 stores in 47 states as of October 28, 2022. In addition to high-quality private brands, Dollar General sells products from America's most-trusted manufacturers such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg's, General Mills, and PepsiCo. Learn more about Dollar General at www.dollargeneral.com.

Dollar General Media Relations

1-877-944-DGPR (3477) | dgpr@dg.com

Source: Dollar General Corporation

FAQ

What is the significance of Dollar General's 19,000th store opening?

The opening signifies Dollar General's expansion and commitment to accessible retail, enhancing local economies.

How much did Dollar General donate to the local school in Joplin?

Dollar General donated $19,000 to Royal Heights Elementary School.

How many employees does Dollar General have in Missouri?

Dollar General employs over 6,000 individuals in Missouri.

What economic benefits are associated with the new Dollar General store in Joplin?

The new store is expected to create jobs, generate tax revenue, and provide affordable products to the community.

Who is the CEO of Dollar General?

Jeff Owen is the CEO of Dollar General.

Dollar General Corp.

NYSE:DG

DG Rankings

DG Latest News

DG Stock Data

17.37B
219.67M
0.25%
96.93%
2.77%
Discount Stores
Retail-variety Stores
Link
United States of America
GOODLETTSVILLE