|Price Range 12mo avg:||$300K – $4.1M|
|$/sf 12mo avg:||$140.09|
|CAP Rate 12mo avg:||7.16%|
|Lease Terms:||15yrs NN|
|Building Size avg:||9,419 SF|
|Lot Size avg:||1.35+/- acres|
Dollar General is the largest discount retailer in the United States by number of stores with over 11,500 neighborhood stores in 40 states. Dollar General helps shoppers Save time. Save money. Every day!(R) by offering quality private and national branded items that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, house wares and seasonal items at everyday low prices in convenient neighborhood stores.
Dollar General is among the largest retailers of top-quality products made by America’s most trusted manufacturers such as Procter & Gamble, Kimberly Clark, Unilever, Kellogg’s, General Mills, Nabisco, Hanes, PepsiCo and Coca-Cola.
Dollar General sells similar products as wholesale retailers Wal-Mart (WMT) and Target (TGT), but typically at lower prices. Because of this, during harsh economic conditions, many consumers may make the change of shopping at Dollar General instead of a regular wholesale retailer.
|S&P Credit Rating:||BBB-|
|Moody’s Credit Rating:||Baa3|
|Annual Revenue 2014:||$18.9B|
|Annual Revenue 2013:||$17.5B|
|Revenue Growth:||↑ 8% from 2013|
|Units (July 2015)||12,198|
|Average Units Volume:||$1.4M|
Yahoo! Finance: DG News Latest Financial News for DG
Instacart to offer gig workers $25 if they get COVID-19 vaccination
on January 14, 2021 at 7:00 pm
Grocery delivery company Instacart said on Thursday it would pay $25 to its over half-a-million gig workers if they chose to take time off to get vaccinated against COVID-19. The company, which has been lobbying government agencies for its delivery workers to get early access to vaccines, said eligible part-time employees such as in-store shoppers will also be offered the stipend starting February 1. Gig workers are independent contractors who perform on-demand services, including delivering groceries. […]
Big Lots (BIG) Provides Q4 Updates, Outlines Cost Concerns
on January 14, 2021 at 2:39 pm
Big Lots (BIG) fourth-quarter fiscal 2020 quarter-to-date results reflect double-digit comps rise. However rising operating expenses are a concern. […]
New Coronavirus Strains Found in the U.S.
on January 13, 2021 at 10:32 pm
Yahoo Finance speaks with Dr. Hiral Tipirneni, an Emergency Medicine Physician on the rising deaths due to the coronavirus and how Dollar General is offering workers a new incentive to get the vaccine. […]
Dollar General plans to pay employees to get COVID-19 vaccination
on January 13, 2021 at 3:27 pm
Dollar General Corp will offer frontline employees four hours worth of pay after they get the COVID-19 vaccine, the discount retailer said on Wednesday, making it one of first U.S. companies to incentivize its workers to get inoculated. The retailer, which has about 140,000 employees, said that it was providing hourly employees the one-time benefit to compensate for the time away from the store, while they received the vaccine. The company added that it was working with distribution and transportation teams to make similar accommodations and said it was providing salaried employees additional store labor hours. […]
Coronavirus vaccine: Dollar General will pay its 157,000 employees to get inoculated
on January 13, 2021 at 2:12 pm
The dollar store chain will pay the equivalent of four hours of their wages (salaries at Dollar General range from $9-$13 an hour) to any of its 157,000 workers to be inoculated against coronavirus. […]