Is Dollar General considered a dollar store?
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Is Dollar General considered a dollar store?
That’s right, despite the name, not all dollar stores sell every item in the store for just a dollar or less. Dollar Tree is an actual dollar store (for the most part). Even though Dollar General has the word “dollar” in its name, everything in the store doesn’t go for a buck; their merchandise is just low priced.
Why are dollar generals in the middle of nowhere?
Dollar General locations are almost always ‘food deserts’ These areas are also mostly areas commonly referred to as “food deserts.” According to the U.S Department of Agriculture (via BisNow), food deserts are low-income places where a substantial number of people have limited access to markets or grocery stores.
Does Dollar General own its stores?
Dollar General is also not owned by any specific large grocery chains, but is instead owned by private equity investors, including Kohlberg Kravis Roberts and Citigroup. Public stock investors also own dollar General as they are a publicly-traded company.
What is the difference between dollar store and Dollar General?
While Dollar Tree and Dollar General offer somewhat comparable prices on certain items, the shopping experience isn’t as similar. The major difference between Dollar General and Dollar Tree is that Dollar Tree is a true dollar store, while Dollar General (once a dollar store) offers deep discounts on its merch.
Who makes more money Dollar Tree or Dollar General?
Dollar Tree – and its newly acquired Family Dollar chain – have slightly more locations than Dollar General, but both have about 14,000 to 15,000. In terms of sales, Dollar Tree is a close second, generating $22 billion in sales in 2017 compared with $23.5 billion at Dollar General.
What is a penny at Dollar General?
Dollar General Penny Items are items that have clearanced out. This means they have already gone the lowest they are supposed to go (90\% off) and are supposed to be removed from the shelves. When the Dollar General employees do not remove the items from the shelves and you find them, they will ring up just 1 penny!
What state has the most dollar generals?
The state with the most number of Dollar General locations in the US is Texas, with 1,688 locations, which is 9\% of all Dollar General locations in America.
What does the CEO of Dollar General make?
As Chief Executive Officer at DOLLAR GENERAL CORP, Todd J. Vasos made $16,452,823 in total compensation. Of this total $1,341,718 was received as a salary, $6,075,000 was received as a bonus, $4,544,937 was received in stock options, $4,403,178 was awarded as stock and $87,990 came from other types of compensation.
What states don’t have a Dollar General?
These States and Territories do not have any Dollar General locations – Montana, American Samoa, Northern Mariana Islands, Idaho, Hawaii, U.S. Virgin Islands, Alaska, Puerto Rico, District of Columbia and Guam.
How much does a Dollar General owner make?
The average Dollar General Product Owner earns an estimated $139,514 annually, which includes an estimated base salary of $120,089 with a $19,425 bonus.