The company, along with other major dollar store chains, claimed to fill a niche in these communities where the closest grocery store might either be too far or have prices too high for customers. In 1968, the company changed its name to Dollar General and was listed on the New York Stock Exchange.įollowing the 2008 recession, Dollar General expanded rapidly, primarily in economically depressed areas. Dollar General started as a family-owned business called J.L. In the last year available, the corporation’s sales jumped from 9.5 billion to over 33 billion U.S. In fact, Dollar General was among the top five retailers with the most store locations in the United States in 2019.
Dollar General has had explosive growth over the depicted period, doubling their store count from 8,194 to 17,266 in 2020.