Dollar General is defying the retail apocalypse and opening 1,000 stores - here's what its like to shop there
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- Dollar General is opening 900 stores this year, remodeling 1,000 locations, and relocating 100 stores.
- In the most recent quarter, the retailer's same-store sales sales grew 4.3%.
Retailers are closing thousands of stores in one of the biggest waves of closures in years.
But there's at least one company bucking that trend: Dollar General. Instead of shutting down stores, Dollar General is opening hundreds of more locations.
The discount chain says it plans to open 900 stores this year, remodel 1,000 locations, and relocate 100 stores.
In the most recent quarter, the retailer's same-store sales sales grew 4.3%, and total sales rose 11% to $5.9 billion. We went to a Dollar General store in Richmond, Virginia, to find out what makes it so successful.
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