Dollar General
(NYSE: DG)
52.29
+1.16
+2.27%
+1.16
+2.27%
MORE ON DG
COMPANY INFORMATION
| Exchange: | New York Stock Exchange |
| Stock: | Dollar General Corporation |
| Industry: | Discount Stores |
| Employees: | 90,500 |
DESCRIPTION
| Dollar General Corporation was incorporated as a Kentucky corporation under the name J.L. Turner & Son, Inc in 1955. The Company changed its name to Dollar General Corporation in 1968 and reincorporated in 1998 as a Tennessee corporation. The Company is a discount retailer in the United States, which offers a selection of merchandise, including consumables, seasonal, home products and apparel. Its merchandise includes high quality national brands from manufacturers, as well as comparable quality private brand selections with prices at substantial discounts to national brands. The Company offers its merchandise at everyday low prices (typically $10 or less) through its convenient small-box (approximately 7,300 square feet) locations. Consumables is its main category and includes paper and cleaning products (such as paper towels, bath tissue, paper dinnerware, trash and storage bags, laundry and other home cleaning supplies); food, including packaged food and perishables (such as cereals, canned soups and vegetables, sugar, flour, milk, eggs and bread); beverages and snacks (including candy, cookies, crackers, salty snacks and carbonated beverages); health and beauty (including over-the-counter medicines and personal care products, such as soap, body wash, shampoo, dental hygiene and foot care products); and pet (including pet supplies and pet food). Seasonal products include decorations, toys, batteries, small electronics, greeting cards, stationery, prepaid cell phones and accessories, gardening supplies, hardware, automotive and home office supplies. Home products includes kitchen supplies, cookware, small appliances, light bulbs, storage containers, frames, candles, craft supplies and kitchen, bed and bath soft goods. Apparel includes casual everyday apparel for infants, toddlers, girls, boys, women and men, as well as socks, underwear, disposable diapers, shoes and accessories. The Company purchases merchandise from a variety of suppliers and maintain direct buying relationships with many producers of national brand merchandise, such as Procter & Gamble, Kimberly Clark, Unilever, Kellogg's, General Mills, Nabisco, Coca-Cola and PepsiCo. The Company operates in the basic discount consumer goods market. Its stores are currently supported by eleven distribution centers located throughout its geographic footprint, including a distribution center in Bessemer, Alabama which began shipping to stores in March 2012 and a leased distribution facility in Lebec, California which began shipping in April 2012. The Company competes with discount stores and with many other retailers, including mass merchandise, grocery, drug, convenience, variety and other specialty stores. |
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