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Dollar General Announces Plans to Create Approximately 10,000 Net New Careers in 2022
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
Dollar General Corp. (NYSE: DG) announced plans to create approximately 10,000 net new career opportunities in fiscal 2022, representing a 6% increase to its current workforce. This growth is attributed to the opening of 1,110 new stores, including 100 pOpshelf locations, and the expansion of distribution centers and the private fleet. The company emphasizes employee development, with competitive wages and benefits, and aims to provide over 3 million training hours in 2022. The move highlights Dollar General’s commitment to growth and community investment.
Positive
Creation of approximately 10,000 new jobs, a 6% increase in workforce.
Plans for 1,110 new store openings and expansion of distribution centers.
Competitive wages and employee benefits including health insurance and tuition reimbursement.
Award-winning training programs expected to offer over 3 million training hours in fiscal 2022.
Negative
None.
New Opportunities Expected from Planned Store, Distribution Center and Private Fleet Growth
GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)--
Dollar General Corp. (NYSE: DG) announced plans today to create approximately 10,000 net new career opportunities in fiscal 2022 through expected new store, distribution center and private fleet growth. The new career opportunities represent an estimated six percent overall increase to its current workforce. Individuals interested in learning more or applying for career opportunities are encouraged to visit www.dollargeneral.com/careers.
“At Dollar General, our employees are the heart of the company and bring our mission of Serving Others to life each day. We are excited to add new opportunities for individuals to start or develop their career through our growing organization, and we look forward to welcoming new talent to the DG family again this year,” said Kathy Reardon, Dollar General’s executive vice president and chief people officer. “We continue to make meaningful and positive investments in our hometowns through new store and distribution center growth, which allows us to remain dedicated to support our diverse employees with training, development, advancement and education opportunities.”
Dollar General recently announced the planned addition of 1,110 new store openings, which includes approximately 100 new pOpshelf store openings. The Company also plans to add new traditional and DG Fresh distribution centers and further expand its DG Private Fleet network.
Dollar General proudly invests in its diverse teams through development, empowerment and inclusion, and the Company works to provide a pathway for career advancement within the organization, evidenced by the fact that approximately 75 percent of current lead store associates and above are internally placed. Employees receive competitive wages and benefits including day-one telemedicine eligibility and Dollar General’s Employee Assistance Foundation, as well as health insurance coverage options, 401K savings and retirement plans, tuition reimbursement, paid parental leave and adoption assistance to eligible employees.
Additionally, Dollar General employees benefit from world-class and award-winning training and development programs, which is currently expected to provide more than three million training hours in fiscal 2022. Dollar General was also inducted into Training magazine’s prestigious Hall of Fame in February 2021, following two consecutive years as the magazine’s top training and development program and 10 consecutive years among the list of top companies.
For additional information, photographs or items to supplement a story, please visit the Dollar General Newsroom or contact the Media Relations Department at 1-877-944-DGPR (3477) or via email at dgpr@dg.com.
Forward-Looking Statements
Dollar General includes “forward-looking statements” within the meaning of the federal securities laws throughout this release regarding planned job growth in connection with expected store, distribution center and private fleet growth and expected employee training hours. A reader can identify forward-looking statements because they are not limited to historical fact or they use words such as “plan,” “expected,” “estimated,” “and similar expressions that concern Dollar General’s strategy, plans, intentions or beliefs about future occurrences or results. Forward-looking statements are subject to risks, uncertainties and other factors that may change at any time and may cause actual results to differ materially from those that Dollar General expected. Many of these statements are derived from Dollar General’s operating budgets and forecasts, which are based on many detailed assumptions that Dollar General believes are reasonable, or are based on various assumptions about certain plans, activities or events which we expect will or may occur in the future. However, it is very difficult to predict the effect of known factors, and Dollar General cannot anticipate all factors that could affect actual results that may be important to an investor. All forward-looking information should be evaluated in the context of these risks, uncertainties and other factors, including those factors disclosed under “Risk Factors” in Dollar General’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 19, 2021.
All forward-looking statements are qualified in their entirety by the cautionary statements that Dollar General makes from time to time in its SEC filings and public communications. Dollar General cannot assure the reader that it will realize the results or developments Dollar General anticipates, or, even if substantially realized, that they will result in the consequences or affect Dollar General or its operations in the way Dollar General expects. Forward-looking statements speak only as of the date made. Dollar General undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances arising after the date on which they were made, except as otherwise required by law. As a result of these risks and uncertainties, readers are cautioned not to place undue reliance on any forward-looking statements included herein or that may be made elsewhere from time to time by, or on behalf of, Dollar General.
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 17,915 stores in 46 states as of October 29, 2021. 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.
