March 10, 2020. This remodel haul is a little bit different. Same-store sales increased in the consumables, seasonal, home products and apparel categories, with the largest percentage increase in the home products category. December 6, 2019 at 5:48 PM EST. I’ll add it … level 1. February 10, 2020. “Looking ahead, we remain committed to our operating priorities and strategic initiatives to drive continued growth and meaningful long-term value for shareholders.”. For the 52-week year 2020, the company plans to execute nearly 2,600 real estate projects, including 1,000 new store openings, 1,500 mature store remodels, and 80 store relocations. All Rights Reserved. Through May 26, 2020, same-store sales have increased approximately 22% as compared to the comparable period last year. Subscribe. And while many retailers have scaled back 2020 store openings and remodeling plans, Dollar General remains committed to its previously announced projects. Penny items at Dollar General are items that Dollar General will no longer have on their shelves. Not responsible for typographical errors. Product availability, styles, colors, brands, promotions and prices may vary between stores and online. Dollar General Corporation Announces Webcast of its Fourth Quarter 2020 Earnings Conference Call February 18, 2021. more. This information in this presentation is the confidential and proprietary information of Dollar General. Report Save. Sales rose 27.6% to $8.4 billion, beating Street estimates of $7.6 billion. Dollar General is one of the largest dollar store chains in the US, offering deep discounts on a wide array of products. Back in 2015, we got word that Dollar Tree would acquire Family Dollar in an acquisition that was ultimately completed last year. level 1. 1. share. The discount chain says it plans to open 1,000 stores next year, remodel 1,500 locations, and relocate 80 stores. This presentation may not be copied or disseminated in any manner whatsoever without the prior written consent of Dollar General. “As a result of their efforts, we are very pleased to report strong first-quarter financial results. Dollar General to open 975 stores, remodel 1,000, this year By Marianne Wilson - 03/14/2019 Get great content like this right in your inbox. They pennied RUN. The planned expansion, which is even bigger than the 975 store openings in 2019, will allow the company to “serve more customers and communities with our innovative mix of store formats,” according to Todd Vasos, CEO at Dollar General in a statement. Discover the closest Dollar General discount store near you and find details including store hours, phone number, products carried and more. Of those new stores and remodeled locations, fresh produce will be added to about 250, said CEO Todd Vasos, during the company’s third quarter earnings call on … Get the latest retail news delivered to you daily via Alexa. Report Save. We reserve the right in our sole discretion to limit quantities to normal retail and online purchases. Dollar General and the Dollar General Literacy Foundation Announce Initial Racial Justice and Education Grant Recipients December 14, 2020. more. April 21, 2020 NCI Home Store List. Early sell-out possible on special purchase items, and quantities may be otherwise limited. The new openings will be complemented by 1,500 store remodels and 80 relocations as Dollar General executes its real estate plans. March 3, 2020. No rain checks available. The forecast assumes Dollar General will be able to mitigate, absorb or otherwise offset the impact of tariffs on goods from China. It is still planning 1,000 new stores, 1,500 mature store remodels and 80 store relocations in fiscal 2020. Now you just have to get out there are start trying it out! Plan your shopping trip ahead of time and get your coupons ready for the new DG weekly ad preview! Address:777 Terrace Ave, Suite 202Hasbrouck Heights, NJ 07604. Dollar General said it has paid about $60 million in bonuses to front-line workers, and temporarily adjusted benefits and leave policies, including offering additional paid time off for those who received a COVID-19 diagnosis or who were required to care for an immediate family or household member who received a COVID-19 diagnosis. Retailers are on track to close around 12,000 stores in 2019, but not Dollar General. In comments, analyst Neil Saunders said that one of the reasons Dollar General did so well in the quarter was because its logistics and operations are extremely efficient and effective. Dollar General Removes Barriers for Frontline Workers to Get COVID-19 Vaccine January 13, 2021. more. February 10, 2020. We have a huge NCI penny list that I have been setting on. Tweet; Oh my gosh! Dollar General Plans 1,000 Store Openings, 1,500 Remodels For 2020. Dollar General gives discount to first responders; employee bonuses, Dollar General extends winning streak; to open 1,000 stores in 2020, Dollar General sees Q2 sales, profits soar; names HR head as EVP, Dollar General ups employee bonuses amid pandemic. Dollar General will open 1,000 stores in 2020 as the discount retailer builds on the momentum of a strong quarter. Get great content like this right in your inbox. Huge List Of NCI Penny Items for Dollar General 2020. Dollar General has more than 17,000 stores in 46 states! The retailer is projecting that net fiscal 2019 sales growth will reach the low 8% range, while same-store sales growth will hit the mid-to-high 3% range. The discounter on Thursday reported first-quarter sales and earnings that blew past Street estimates. Spread the love. How Advanced Email Analytics Helped Kerrits Boost its DTC Business 150%, Target, Lowe’s, Sephora, Foot Locker Among Retailers Boosting Black Brands, As ‘Appointment Retailing’ Use Cases Expand, More Brands See Value, Investors, Real Estate Execs Agree: ‘Medtail’ Investments Will Surge in 2021, 5 Ways COVID-19 has Reshaped Consumer Behavior. Flip through the current Dollar General Weekly Ad and look ahead with the sneak peek of the Dollar General Ad next week!Thanks to Deal Mama for the pictures!. Early sell-out possible on special purchase items, and quantities may be otherwise limited. Get access to exclusive content including newsletters, reports, research, videos, podcasts, and much more. Dollar General’s BB #:172794 staggering footprint of 16,000 stores is getting even bigger in 2020. Report Save. How do I go about finding out which Dollar General stores in Alabama better going up for remodel. Dollar General’s net income surged to $650 million, or $2.56 a share, in the quarter ended May 1, up from $385 million, or $1.48 a share, in the year-ago period. To enhance its liquidity position, Dollar General issued $1.0 billion of 3.5% senior notes due in 2030 and $500 million of 4.125% senior notes due in 2050. Dollar General Corp. reported its biggest same-store rise in more than 10 years amid surging demand driven by the COVID-19 pandemic. 1. share. Latest News. Turner and Son in Scottsville, Kentucky, owned by James Luther Turner and Cal Turner. Check the Penny Puss APP with DG Penny Finder for the missing weeks as they were not posted due to Covid-19. As if those numbers weren’t large enough, the company bumped up its full year capital expenditure plan to a range of $1 billion to $1.1 billion, compared to the range of $925 million to $975 million in had confirmed on May 28. The one rule about penny shopping is not to discuss it with employees. 10 months ago. Operating profit for the 2020 39-week period grew 69.6%. We reserve the right in our sole discretion to limit quantities to normal retail and online purchases. Same-store sales rose 21.7%, well ahead of estimates, driven by increases in average transaction amount and customer traffic. 9 months ago. If you are downloading this on behalf of a client, please provide the company name and website information below: Free Online Lecture Series Debuts: ‘CCAD Knows Retail’, Contactless Vending Machines Offer Physical Distribution Outlets for Local Brands, ‘Welcome’ and ‘Abandon’ Emails Reap Strong Results During BF/CM, The Missing Link in B2B Ecommerce: Data-Driven Personalization, Next-Gen Luxury: AR Technology, Appointment-Based Shopping and the Rise of Gen Z’s Influence. Food & Beverage. Dollar General’s positive outlook in the face of potential trade disruptions is in contrast to rival Dollar Tree, which expects tariffs to add $19 million to its costs of goods for Q4 2019, driving growth down to the low single digits. Goodlettsville, Tennessee-based Dollar General operates 16,720 stores in 46 states, employing approximately 140,000 associates. “In the midst of a very challenging operating environment, our team members have been tirelessly committed to fulfilling the company’s mission of Serving Others, and we could not be more proud of how they have responded to the needs of our communities, said Todd Vasos, Dollar General’s CEO. “It coped admirably with the massive rise in volumes and did so while maintaining the relative simplicity of its business,” said Saunders, managing director, GlobalData Retail. Our nation’s dollar store chains are no strangers to mergers and acquisitions. Dollar General makes shopping for everyday needs simpler and hassle-free by offering an assortment of the most popular brands at low everyday prices in convenient locations and online. March 10, 2020 surprise pennies! 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. In a bid to bring in customers who wouldn't ordinarily shop its stores, Dollar General has also partnered with FedEx to serve as a drop-off and pickup point for packages in some 8,000 stores by 2020. The clearance list within week will be in the penny video on my YouTube channel. Find your closest Dollar General store here. Do not ask Dollar General employees about penny items or call the store . So that’s the 101 on how to penny shop. Clearance Event Feb 28 – Mar 1 Dollar General operated 16,500 stores in 46 states as of May 1, 2020. Instead of shutting down stores, Dollar General is opening hundreds more locations. “The sustained positive results we are seeing from our portfolio of real estate projects further validates our belief that our ongoing investment in high-return real estate projects, along with our strategic initiatives, is the best use of our capital as we look to continue delivering long-term shareholder value.”. Looking to find out if any DG stores are due to remodel near Bellefontaine, Ohio. As of May 1, Dollar General had $2.7 billion in cash and cash equivalents as well as $1.1 billion of availability under a revolving credit facility. Dollar General operated 16,979 stores in 46 states as of October 30, 2020. level 1. Nothing is too big, small or expensive to wind up on the Penny list. March 17, 2020 – NCI Home Store List. March 23, 2020 – see details. Janet was posting SOME visuals here. Operating profit increased 69.2% to $866.8 million. “We are excited to accelerate our real estate growth plans in 2020,” Vasos added. By Bryan Wassel. © 2021 Emerald X, LLC. Dollar General. The company reported a net sales increase of 8.9% and a same-store sales increase of 4.6% for Q3 2019, which were the retailer’s best results in nearly five years. Are there any Dollar general stores that will be remodeled in 2020 in Indiana? Dollar General Weekly Ad. Christa Ramsey. 51 Dollar General Remodel jobs available on Indeed.com. March 17, 2020. This is the Dollar General penny list for Tuesday January 26, 2021. Since the end of the first quarter, Dollar General said it has continued to experience elevated demand in its stores, although with slightly more variability and some moderation in recent days. I actually hit a remodel store way back (years ago) – and I got more throw rugs and area rugs than anyone really needs! Posted on February 2, 2020 February 3, 2020 by wendy. “This is one of the reasons why profits rose so sharply: Dollar General is not an overly complex firm and an uptick in trade falls more easily to the bottom line than it does at retailers with web operations, varied store formats, and so forth.” (Click here for more commentary.). Beginners Guide to Penny Shopping at Dollar General; Finals Thoughts. ️ Do not ask the Dollar General employees about penny items or call the store. The company began in 1939 as a family-owned business called J.L. 16 on The PG 100, Progressive Grocer's 2020 list of the … It has provided masks, gloves and other protective equipment to workers and implemented social-distancing measures inside stores, including the chain-wide installation of plexiglass barriers at checkout registers, and distribution centers. They can be products that are being replaced with never versions. Dollar General Corporation is an American chain of variety stores headquartered in Goodlettsville, Tennessee.As of January 2020, Dollar General operates 16,278 stores in the continental United States.. Explore Food & Beverage Coffee & Tea Cereal & Breakfast Meals & Sides Snacks & Cookies ... colors, brands, promotions and prices may vary between stores and online. Apply to Merchandiser, Customer Service Representative, Project Coordinator and more! Analysts had expected earnings of $1.75. April 21, 2020. The company is No. Find Dollar General discount stores near you in Richmond, VA and view details including hours, phone numbers, store features, and more. From a net lease point of view, Dollar General is appealing given its lower price points, respectable sales record, and corporate expansion strategy in a growing market segment. Through the first half of its fiscal year, Dollar General has opened 500 new stores, remodeled 973 stores and relocated 43 stores. 16,278 STORES IN 44 STATES AS OF 1/31/2020 789 120 449 226 51 64 47 894 912 257 574 563 246 561 573 50 139 57 569 161 544 536 863 812 1,542 460 856 435 249 563 22 11 57 127 55 41 99 778 37 40 19 146 190 494 STORES DISTRIBUTION CENTER FRESH DISTRIBUTION FACILITY ANNUAL MEETING Dollar General Corporation’s annual meeting of shareholders is scheduled for 9 a.m. Central Time on … Dollar General operated 16,979 stores in 46 states as of October 30, 2020. 323 Dollar Express stores to be sold to Dollar General. 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. It is still planning 1,000 new stores, 1,500 mature store remodels and 80 store relocations in fiscal 2020. Check to see if you have any Dollar General home or NCI stores here. Dollar General will open 1,000 stores in 2020 as the discount retailer builds on the momentum of a strong quarter. Dollar General: Remodel store penny haul! 1. share. Cross your fingers the app works Tuesday. Dollar Tree is also feeling additional pressure on merchandise margins, increased payroll costs and increased run rates for maintenance. The company plans to add 1,000, remodel 1,500 and relocate 80 stores next year, with continued enhancements for fresh foods. Before you start your shopping list and head to the store, check out our other article on ways you can save money at Dollar General that we linked to above. May 26, 2020 by wendy disseminated in any manner whatsoever without the prior written consent of General... 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