Dollar General, Inc. is an American retail company that specializes in discount department stores.
The company was founded in 1962 and is headquartered in Goodlettsville, Tennessee. As of February 27, 2019, Dollar General had a total of 2,779 stores in the United States.
In February 2019, it was announced that Dollar General would be acquired by Dollar Tree. The acquisition was valued at $8.14 billion and was completed on March 29, 2019. Dollar General will continue to operate as a standalone division within the Dollar Tree chain.
This acquisition has raised some eyebrows as Dollar Tree is not a traditional department store brand, but rather a discount retailer. Some have questioned whether the acquisition is a sign of weakness for Dollar General, or a sign of strength for Dollar Tree.
Ultimately, the answer to this question is unclear. While the acquisition may be seen as a negative for Dollar General shareholders, it could also be seen as a positive for Dollar Tree shareholders as it gives the company more exposure to the discount department store market.