Dollar General

Operates chain of neighborhood discount stores.

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Headquarters:
100 Mission Ridge
Goodlettsville, TN 37072
Employees: 157,000
CEO: Todd Vasos
Stock Symbol: DG

Website: http://www.dollargeneral.com

Career Site

Dollar General offers household goods at discount prices with over 17,683 stores in 46 states.

With stores averaging 7,300 square feet, Dollar General stores feature a focused assortment of highly consumable merchandise, making shopping for basic necessities simple and hassle-free.

In addition to high quality private brands, Dollar General sells products from America's most-trusted manufacturers such as Clorox, Energizer, Mars, Nestle, Kimberly-Clark, Hanes, Kellogg's, General Mills, Nabisco, Unilever, PepsiCo and Coca-Cola.

Dollar General Stores are primarily located in communities of less than 20,000 people or in selected locations within larger metropolitan areas. Many of the Company's customers earn a small paycheck or depend on monthly government assistance. A considerable number are retired.

The average store is about 7,300 square feet with 10,000-12,000 items available. The company is testing a pOpshelf store-in-a-store concept featuring items at $5 or less with plans to open 80 stores by end of fiscal 2021.

The company also operates 27 distribution centers including DG Fresh warehouses.

In fiscal 2020, the company had over $33.7 billion in sales, a 21.6% increase, and net income of $2.7 billion. Same-store sales increased 16.3%.

The company is planning 1,050 new store openings, 1,750 store remodels, and 100 store relocations in 2021.

History

Founded as J.L. Turner & Son, a wholesale business in Scottsville, Ky., in 1939, the company pioneered the dollar store concept in 1955, opening retail stores that sold all items for $1. The format was extremely successful, boosting the company's sales to $25.8 million by 1965. A few years later in 1968, the company launched its initial public stock offering and changed its name to Dollar General.

On July 6, 2007, an investment group consisting of affiliates of Kohlberg Kravis Roberts & Co. L.P. (KKR), GS Capital Partners (an affiliate of Goldman Sachs), Citi Private Equity and other co-investors completed an acquisition of Dollar General Corporation for $7.3 billion.

Benefits

Health & well-being Benefits

  • Health Insurance Coverage Options (Medical/Rx, Telemedicine, Dental/Vision) Available to All Employees
  • Flexible Spending Accounts
  • Short-Term and Long-Term Disability
  • Life Insurance Options
  • Supplemental Medical Coverage (Accident, Cancer, Critical Illness, Hospital Confinement)
  • LifeLock Identity Theft Protection
  • MetLaw Legal plan
  • Business Travel Accident
  • Parental Leave
  • Adoption Assistance

BETTER LIFE WELLNESS PROGRAM

Employees have access to the following resources to promote total well-being – physical, financial and behavioral health:

  • Employee Assistance Program, including access to legal assistance and counseling
  • Healthy Lifestyle and Disease Management Programs
  • Financial Wellness, including employee discounts for pet insurance, auto/home insurance and more

Retirement Savings Plan

The Dollar General 401(k) Savings and Retirement Plan can help you realize your dreams of retirement. Here is how:

  • Contribute up to 25% of your pre-tax income (up to the IRS annual limit)
  • Generous company match with immediate vesting
  • Variety of investment options

Compensation & Rewards

  • Competitive base pay
  • Annual bonus opportunity
  • Service award recognition program
  • Paid vacation and holidays

Store Support Center REWARDS

At corporate headquarters, you’ll find:

  • On-site daycare
  • Fitness Center
  • Dress for Your DG Day
  • On-site dry cleaners

Updated September 6, 2021