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0IC7

LSE
112.82000 USD
0.2445
0.22%
Last update Jul 11, 4:06 PM BST
Market closed
Day range
112.087799
113.059998
Previous close
113.064499
Open
112.087799
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Dollar General Corporation
112.82
0.24
0.22%

Overview

Description

Dollar General Corporation is a prominent American chain of variety stores known for offering a wide assortment of everyday necessities at economical prices. The corporation's primary function is to provide low-cost, convenient shopping options, primarily serving communities in rural and suburban areas. Dollar General's range of products includes consumables, home products, apparel, and seasonal items, effectively targeting cost-conscious consumers seeking value for money. This corporation plays a significant role in the retail sector, meeting the demand for affordable goods across the United States. It strategically positions its stores to maximize accessibility and caters to a broad demographic by offering popular brands alongside private labels. Dollar General's operating model emphasizes efficiency and cost control, enabling competitive pricing while maintaining quality. The company's impact is especially notable in areas underserved by larger retail chains, thus filling a critical niche in the market. Founded in 1939 and headquartered in Goodlettsville, Tennessee, Dollar General contributes extensively to the retail landscape by continuously expanding its store count and product offerings, reinforcing its position as a key player in discount retailing, and supporting local economies through job creation and accessible shopping options.

About

CEO
Mr. Todd J. Vasos
Employees
194200
Address
100 Mission Ridge
Goodlettsville, 37072, TN
United States
Phone
615 855 4000
Instrument type
Common stock
Sector
Consumer Defensive
Industry
Discount Stores
Country
United Kingdom
MIC code
XLON
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