Dollar General to Grow Store Count in 2012
GOODLETTSVILLE, Tenn. -- Dollar General Corp. is doing its part to help the economy get back on its feet and people back to work. The locally based chain reported today that it is planning to build 625 new stores and add more than 6,000 new jobs this year.
"Dollar General is excited about our tremendous opportunity for growth in existing markets, as well as in new markets such as California and Massachusetts," Rick Dreiling, Dollar General's chairman and CEO, said in a company release. "We believe the new communities and states we are entering will benefit from our stores' convenience and value, as well as the jobs and commitment to community our stores bring."
The projected jobs follow on the heels of three years of positive job growth for the company. Including 2012, the company will have created more than 21,000 new jobs since 2009.
In addition to 625 new stores in 2012, the company plans to remodel or relocate 550 stores and open a distribution center in California.
Dollar stores, in general, have experienced a growth spurt over the past few years. According to a recent study by Colliers International, dollar stores now outnumber the largest national drug store chains, as CSNews Online previously reported. The major dollar store chains now operate approximately 21,500 locations in the United States and occupy an average of 7,000 to 10,000 square feet.