GOODLETTSVILLE, Tenn. — Dollar General Corp. has opened its 13,000th store, located in Birmingham, Ala. The deep discount chain held a grand opening event for the store, situated at 4132 Jefferson Avenue Southwest in Birmingham, on Saturday. Free $10 gift cards were given to the first 200 customers, and Dollar General also offered goodie bags
GOODLETTSVILLE, Tenn. — Dollar General Corp. has purchased 41 former Walmart Express locations in 11 states. Dollar General said Wednesday that it expects to relocate 40 Dollar General stores into the acquired sites by October, and the deep discount retailer will also enter one new market through the deal. Financial terms of the transaction were
GOODLETTSVILLE, Tenn. — Over the next two years, Dollar General Corp. plans to open nearly 2,000 new stores. The deep discount chain said late Wednesday that about 900 new stores and 875 relocations/remodels are slated for the current 2016 fiscal year. That will be followed up by approximately 1,000 new stores and 900 relocations/remodels in
GOODLETTSVILLE, Tenn. — Rick Dreiling, chairman of Dollar General Corp., is stepping down from the board of directors. The dollar store chain said Thursday that Dreiling is resigning from the board effective Jan. 29. His resignation from the board coincides with his previously announced retirement as senior adviser. Plans call for lead director Mike Calbert
NEW YORK — Rite Aid Corp. and Dollar General Corp. have joined the American Express Free Cash Reload network. American Express said Tuesday that the addition of the two retail chains gives the free cash-loading network — the nation’s largest — more than 45,000 locations overall, including Walmart, CVS/pharmacy, Family Dollar and 7-Eleven stores. Rite
GOODLETTSVILLE, Tenn. — Dollar General Corp. announced that James Thorpe has rejoined the company as executive vice president and chief merchandising officer. Thorpe had retired from the company in 2012 after serving for six years as senior vice president and general merchandising manager. “Jim is an accomplished merchant who has a strong understanding of our
GOODLETTSVILLE, Tenn. — James Thorpe has rejoined Dollar General Corp. as executive vice president and chief merchandising officer. The dollar store chain said Friday that Thorpe succeeds David D’Arezzo, who left the company on Aug. 6. Thorpe had retired from Dollar General in 2012 after serving as senior vice president and general merchandising manager for
CHESAPEAKE, Va. — Dollar Tree Inc. has finalized its deal to acquire rival Family Dollar Stores Inc. Dollar Tree said Monday that under the merger agreement announced and unanimously approved by each company’s board in July 2014, Family Dollar shareholders will receive $59.60 in cash and 0.2484 of a share of Dollar Tree common stock
GOODLETTSVILLE, Tenn. — Todd Vasos took over as chief executive officer of Dollar General Corp. on June 3, succeeding Rick Dreiling. Dreiling, 61, will remain as board chairman through January 29 and serve as a senior adviser until that date. Vasos, 53, had been chief operating officer at Dollar General since 2013. He joined the
GOODLETTSVILLE, Tenn. — Todd Vasos has been named to succeed Rick Dreiling as chief executive officer of Dollar General Corp. The dollar store chain said Thursday that Vasos, currently chief operating officer, also has been elected to the company’s board. He is slated to take the reins as CEO on June 3. “I am excited and
MATTHEWS, N.C. — The battle for Family Dollar Stores Inc. is over, and the winner is the company with the less generous bid. Family Dollar shareholders on January 22 voted to accept a cash-and-stock offer from Dollar Tree Inc. that valued Family Dollar at $8.7 billion at the time it was accepted. The vote put an
MATTHEWS, N.C. — Signaling an end to an acquisition squabble between dollar store chains, shareholders of Family Dollar Stores Inc. have voted in favor of the company’s previously announced merger deal with Dollar Tree Inc. Family Dollar said that in the Thursday morning special meeting of stockholders, 74% of the total outstanding shares and 89%