GOODLETTSVILLE, TENN. — Dollar General Corp. (NYSE: DG) has announced recent expansions in its supply chain network that will grow the discount retailer’s distribution footprint by more than 3.2 million square feet. The Goodlettsville, Tenn.-based company has recently opened three new facilities and announced expansions of two existing campuses that will support Dollar General’s traditional goods, as well as its DG Fresh line of groceries.
“The recent additions to our supply chain network aim to provide greater efficiencies, create additional jobs and drive positive economic impact,” says Tony Zuazo, executive vice president of Dollar General’s global supply chain. “We’re excited to continue growing our distribution center network to further support store growth and to better serve our customers and local communities.”
Dollar General recently opened an 800,000-square-foot distribution center in Blair, Neb., that is expected to create approximately 400 new jobs at full capacity. The $140 million development is the company’s first ground-up dual facility, meaning it features both traditional distribution space and cold storage. Dollar General plans to host a formal opening ceremony for the facility this summer.
The company recently increased distribution center storage capacity by more than 2 million square feet by opening two new permanent regional facilities in Newnan, Ga., and Fort Worth, Texas. Each facility will employ approximately 200 individuals at full capacity.
Dollar General also invested $45 million to expand its presence at an existing campus in Jonesville, S.C., by 250,000 square feet. The first building originally opened in 2005.
Lastly, the company announced plans to build a 170,000-square-foot DG Fresh facility in Amsterdam, N.Y., to complement the company’s existing distribution center that opened in 2019. Dollar General plans to close on the property this fall and begin construction in 2024.
In addition to these facilities, Dollar General is currently underway on three previously announced distribution centers in Arkansas, Colorado and Oregon that represent a combined $480 million investment.
Dollar General is outperforming Wall Street analysts’ expectations as consumers are seeking goods at cheaper prices due to today’s hyper-inflationary landscape, according to CNBC. The media outlet reported that the retailer beat expectations on fiscal first-quarter earnings, revenue and same-store sales.
Dollar General operates more than 19,000 Dollar General, DG Market, DGX and pOpshelf stores across the United States and Mi Súper Dollar General stores in Mexico, as of March 3, 2023. Additionally, the company’s DG Fresh network is currently delivering to those stores from 12 facilities.
Dollar General’s stock price closed on Monday, May 8 at $220 per share, down from $231.37 a year ago, a 4.9 percent decline.
— John Nelson