Dollar General is opening 1,000 new stores in the United States next year
By opening the new stores next year, Dollar General’s growth is nearly unrivaled in the industry at a time in which many brick-and-mortar retailers are closing stores or folding. Walmart, which swept into new towns for decades with massive superstores, has essentially stopped opening new ones. By contrast, Dollar General is entering new cities and towns with small stores and opening up in areas where it has already gained hold.
Dollar General currently has more than 16,000 stores in the United States and caters mainly to low-and-middle-income customers in rural and suburban areas, while its rival, Dollar Tree, targets suburban, middle-income shoppers. Family Dollar focuses on lower-income urban and rural customers. Dollar Tree bought Family Dollar in 2015, but has struggled to absorb the chain into the company.
Three-quarters of U.S. residents now live within five miles of a Dollar General store.