Sector: Consumer Staples|Industry: Discount Stores|Market Cap: $16.42B|Employees: 185.8K
Dollar General is the largest discount retailer in the United States by store count, operating over 20,000 stores across 48 US states and Mexico. The company offers a broad selection of merchandise, including consumable items, seasonal items, home products, and apparel, at everyday low prices, leveraging both national brands and its own private labels. Dollar General's competitive advantage lies in its convenient small-box store format and low-cost operating structure, allowing it to serve both small and large markets.
Dollar General Corporation is the largest discount retailer in the United States by store count, operating over 20,000 stores across 48 states and Mexico. The company offers a wide variety of merchandise, including consumable items, seasonal products, home goods, and apparel, at everyday low prices. Dollar General's core business model focuses on providing value and convenience to its customers through small-box stores located in rural, suburban, and urban communities. The company's competitive advantages include its low-cost operating structure, focused merchandise assortment, and convenient store locations.
Todd J. Vasos has served as CEO since October 2023, previously serving from June 2015 to November 2022. Kelly M. Dilts joined as CFO in May 2023. Other executives have extensive experience within Dollar General and the retail industry.
Dollar General offers a focused assortment of everyday necessities and general merchandise.
Dollar General operates as a single reportable segment, focusing on retail sales of general merchandise. The company does not provide a revenue breakdown by specific business divisions or segments.
Dollar General's strategic priorities include driving profitable sales growth, capturing growth opportunities, enhancing its position as a low-cost operator, and investing in its diverse teams. Key initiatives include expanding store formats, enhancing digital tools, growing the private brand portfolio, and optimizing the supply chain. The company is also focused on improving store standards, reducing shrink and damages, and enhancing the customer experience. The company is also focused on international expansion with an initial focus on Mexico.
Dollar General operates in the highly competitive discount retail market, facing competition from various retailers, including discount stores, mass merchandise, warehouse clubs, grocery stores, drug stores, convenience stores, online retailers, and specialty stores. Key competitors include Family Dollar, Dollar Tree, Big Lots, Walmart, Target, Kroger, Aldi, Walgreens, and CVS. The company differentiates itself through its convenient, small-store format and everyday low prices. The company does not provide specific market share information.
(Generated from latest 10-K filing)