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Stock impact report

Dollar General to close nearly 100 stores: What we know [Yahoo! Finance]

Dollar General Corporation (DG) 
Last dollar general corporation earnings: 3/12 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.shareholder.com/dollar
Company Research Source: Yahoo! Finance
Company officials revealed in last week's fourth quarter and fiscal year 2024 report that they plan on closing 96 Dollar General store locations “in the first quarter” of the current fiscal year. Also expected to close are 45 of Dollar General's home decor stores, pOpshelf. Six pOpshelf locations will be converted into Dollar General locations. The decision came after a “store portfolio optimization review…which involved identifying stores for closure or re-bannering based on an evaluation of individual store performance, expected future performance, and operating conditions, among other factors.” What happens to your mortgage if your house is destroyed? It is still not known where these shuttering stores are located or when exactly they will close down. “As we look to build on the substantial progress we made on our Back to Basics work in fiscal 2024, we believe this review was appropriate to further strengthen the foundation of our business,” Todd Vasos, Dollar General's Show less Read more
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