Dollar General with NJ & PA locations to Close 96 U.S. Stores

Another day, another report of a retail chain closing stores. Sigh.

Dollar General is closing almost 100 stores

USA Today is reporting Dollar General will be closing close to 100 U.S. locations soon.

"As we look to build on the substantial progress we made on our Back to Basics work in fiscal 2024, we believe this review was appropriate to further strengthen the foundation of our business, Todd Vasos said, Dollar General's Chief Executive Officer.

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Vasos continued, "While the number of closings represents less than one percent of our overall store base, we believe this decision better positions us to serve our customers and communities."

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Underperforming Dollar General stores are targeted for closure

The company decided which Dollar General locations to close based on store performance and how it was expected to perform in the future.

There are over 20,000 Dollar General, pOpshelf, DG Market, and DGX stores in 48 out of the 50 U.S. states.

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Ninety-six Dollar General locations that are expected to close and forty five of its pOpshelf stores. pOpshelf is an off-shoot of Dollar General.

If you're unfamiliar with pOpshelf, like I was, it's affordable stuff for your home, some seasonal decor, cleaning supplies, party supplies, and more.

The first Dollar General opened back in 1955 in Springfield, Kentucky.

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It was converted from Turner's Department Store to Dollar General after Cal Tuner Sr. became fascinated by "Dollar Days" at big department stores in Nashville and Louisville.