Dollar General Corporation
name
Dollar General Corporation
id
DG
summary
Dollar General Corporation is an American chain of hypermarkets headquartered in Goodlettsville, Tennessee. As of January 8, 2024, Dollar General operates 19,643 stores in the continental United States and Mexico. The company began in 1939 as a family-owned business called J.L. Turner and Son in Scottsville, Kentucky, owned by James Luther Turner and Cal Turner. In 1955, the name changed to Dollar General Corporation and in 1968 the company went public on the New York Stock Exchange. Fortune 500 recognized Dollar General in 1999 and in 2020 reached #112. Dollar General has grown to become one of the most profitable stores in the rural United States with revenue reaching around $27 billion in 2019. The company and its business practices have been subject to criticism, particularly in how it may be creating and perpetuating food deserts and stifling local businesses, while offering fewer and lower paying jobs than local businesses.
industry
Discount retailer
founded
October 1939
founders
James Luther Turner, Cal Turner
headquarters
Goodlettsville, Tennessee, United States
number_of_locations
19,643 stores as of January 8, 2024
areas_served
United States (except for Alaska and Hawaii), Mexico
key_people
Michael M. Calbert (Chairman), Todd Vasos (CEO), John W. Garratt (CFO)
products
Clothing, cleaning supplies, home decor, health & beauty aids, pet supplies, toys, seasonal items, grocery, pharmacy, electronics, outdoor furniture, footwear, hygiene products, auto, books, gifts, movies, sporting goods, school and office supplies, baby products, furniture & accessories
revenue
US$37.885 Billion (Fiscal Year Ended February 3, 2023)
operating_income
US$3.328 Billion (Fiscal Year Ended February 3, 2023)
net_income
US$2.416 Billion (Fiscal Year Ended February 3, 2023)
total_assets
US$29.083 Billion (Fiscal Year Ended February 3, 2023)
total_equity
US$5.542 Billion (Fiscal Year Ended February 3, 2023)
number_of_employees
170,000 (2023)