Dollar General is an American chain of small, local, discount stores. The company was founded by James S. Graves in 1962 and is headquartered in Goodlettsville, Tennessee. As of November 2018, the company operated 1,830 stores in the United States.
In February 2019, it was announced that Dollar General would be acquired by Walmart for $7.48 billion.
Dollar General has been subject to several rounds of acquisitions over the years. In 2006, the company was acquired by Bain Capital, and in 2011, the company was acquired by Vornado Realty Trust.
The acquisition by Walmart is controversial. In response to the announcement, hundreds of protesters gathered outside of Dollar General stores across the United States.
These protesters are concerned about the impact of the acquisition on the company’s small, local, discount store ethos. They are also concerned about the impact on the jobs of the employees of Dollar General.
While it is unclear what the future of the Dollar General brand will be, the acquisition by Walmart is likely to have a significant impact on the company’s operations.
