US: Dollar General To Grow Rapidly In 2012
Dollar General has revealed plans to open 625 new outlets during 2012, and will also enter the states of California and Massachusetts. The country’s largest dollar store chain added that it plans to revamp 550 outlets during the year, and will build a new distribution centre.
The company said the moves will create 6,000 new jobs, adding to the 21,000 new jobs it has created between 2009 and 2011. CEO Rick Dreiling noted: “Dollar General is excited about our tremendous opportunity for growth in existing markets, as well as in new markets such as California and Massachusetts. We believe the new communities and states we are entering will benefit from our stores' convenience and value, as well as the jobs and commitment to community our stores bring.”
The company did not say how much it plans to invest on the moves.
NamNews - Wednesday 4th January 2012