Dollar General to Open 625 New Stores and Create More Than 6,000 New Jobs in 2011

January 03, 2011

Building on its plans to open 625 new stores in fiscal 2011, Dollar General Corp. plans to create 6,000 new jobs. The new stores and jobs will be spread among Dollar General’s existing 35-state operating area as well as three new states: Connecticut, Nevada and New Hampshire.

GOODLETTSVILLE, Tenn. (BUSINESS WIRE), January 03, 2011 - Building on its plans to open 625 new stores in fiscal 2011, Dollar General Corp. (NYSE: DG) today announced that it plans to create 6,000 new jobs. The new stores and jobs will be spread among Dollar General’s existing 35-state operating area as well as three new states: Connecticut, Nevada and New Hampshire.

“Bringing our store model of convenience and value to more people in more states is an exciting opportunity for us,” said Rick Dreiling, Dollar General’s chairman and CEO. “We believe the new communities and states we are entering will benefit from the new jobs, shopping choices and dedication to community found at Dollar General.“

By expanding its presence in new suburban, rural and metropolitan markets, Dollar General will be bringing more than 6,000 new jobs to local communities. The anticipated jobs follow two years of positive job growth for the company. From 2009 – 2011, the company will have created more than 15,000 new jobs.

In addition to 625 new stores, the company plans to remodel or relocate 550 stores.

About Dollar General Corporation

Dollar General Corporation has been delivering value to shoppers for more than 70 years. Dollar General helps shoppers Save time. Save money. Every day!(R) by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, house wares and seasonal items at low everyday prices in convenient neighborhood locations. With more than 9,200 stores in 35 states, Dollar General has more retail locations than any retailer in America. In addition to high quality private brands, Dollar General sells products from America's most-trusted manufacturers such as Procter & Gamble, Kimberly-Clark, Unilever, Kellogg's, General Mills, Nabisco, Hanes, PepsiCo and Coca-Cola. Learn more about Dollar General at www.dollargeneral.com.

Forward-Looking Statements

This press release contains forward-looking information regarding the Company’s job creation expectations and store growth plans. All forward-looking information should be evaluated in the context of the risks, uncertainties and other factors that may cause actual results to differ materially from that expressed or implied by these forward-looking statements, including but not limited to: the availability of attractive store locations; the absence of occupancy delays; the ability to negotiate favorable lease terms; the ability to hire and train new personnel, especially store managers; the ability to identify customer demand in different geographic areas; general economic conditions; the availability of sufficient funds for expansion; financial and capital market conditions; natural disasters; competition; and other risks. Many of these factors are beyond the Company’s control. The Company discusses certain of these factors more fully in its filings with the Securities and Exchange Commission (“SEC”), including its Annual Report on Form 10-K, filed with the SEC on March 31, 2010.

Forward-looking statements speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances arising after the date on which they were made. As a result of these risks and uncertainties, readers are cautioned not to place undue reliance on any forward-looking statements included herein.

Contact(s):

Dollar General Corporation
Tawn Earnest, 615-855-5209
tearnest@dollargeneral.com

 


ABOUT DOLLAR GENERAL CORPORATION
Dollar General Corporation has been delivering value to shoppers for 75 years. Dollar General helps shoppers Save time. Save money. Every day!® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, house wares and seasonal items at low everyday prices in convenient neighborhood locations. With more than 11,000 stores in 40 states, Dollar General has more retail locations than any retailer in America. In addition to high quality private brands, Dollar General sells products from America's most-trusted manufacturers such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg's, General Mills, and PepsiCo. For more information on Dollar General, please visit www.dollargeneral.com.

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