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Stock impact report

Welp! Dollar General Is Closing Over 100 Stores—What You Need to 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
The discount retailer is closing 96 of its stores in early 2025. 45 locations under its pOpshelf brand will also be shelved, with another 6 locations being converted into Dollar General stores. This move comes as the company struggles to make profits, as inflation rises and consumer spending cools. “While the number of closings represents less than one percent of our overall store base, we believe this decision better positions us to serve our customers and communities,” CEO Todd Vasos said, per their earnings statement While no specific locations have been named as of yet, Dollar General has over 20,000 stores in 48 states, excluding Alaska and Hawaii. These closures mark the third round of cuts from the budget retailer. 27 stores were shuttered in January, while 600 Family Dollar locations closed down last year due to similar financial concerns. The retailer also announced in January that it'll be adding 575 new stores to its portfolio by the end of 2025. However, it remai Show less Read more
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