US: Dollar General announces expansion plans
Dollar General aims to open 625 stores this year
US discounter Dollar General plans to open 625 new stores and create more than 6,000 new jobs in 2012.
These new stores and jobs will be spread among the 38 states that Dollar General operates in, plus new targets California and Massachusetts, the company said on Tuesday (3 January).
"Dollar General is excited about our tremendous opportunity for growth in existing markets as well as in new markets such as California and Massachusetts," chairman and CEO said Rick Dreiling.
The company added it will have created more than 21,000 new jobs since 2009 by the end of 2012.
It also plans to remodel or relocate 550 stores and open a distribution centre in California this year.
US discounter Dollar General has raised its full-year profit guidance after booking a 36% increase in first-quarter income....
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