Dollar General
Logo since 2008 | |
Dollar General corporate headquarters in Goodlettsville, Tennessee | |
| Formerly | J.L. Turner and Son |
|---|---|
| Company type | Public |
| Industry | Discount retailer |
| Founded | October 1939 (as J.L. Turner and Son) June 1955 (as Dollar General) |
| Founders | James Luther Turner Cal Turner |
| Headquarters | Goodlettsville, Tennessee, U.S. |
Number of locations | 19,643 stores (January 8, 2024) |
Areas served | Contiguous United States and 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) |
| US$3.328 billion (Fiscal Year Ended February 3, 2023) | |
| 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) |
| Divisions | Dollar General Market DGX Popshelf |
| Subsidiaries | Dolgencorp, LLC. Old East Main Co. Dollar General Financial Dollar General Global Sourcing Dollar General Literacy Foundation |
| Website | dollargeneral |
Dollar General Corporation is an American chain of discount stores headquartered in Goodlettsville, Tennessee. As of January 8, 2024, Dollar General operated 19,643 stores in the contiguous United States and Mexico.
The company began in 1939 in Scottsville, Kentucky, as a family-owned business called J.L. Turner and Son, 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. The Fortune 500 recognized Dollar General in 1999, and in 2020 it reached #112 on the list. 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 regarding how it may be creating and perpetuating food deserts and stifling local businesses while offering fewer and lower-paying jobs.