Dollar General Plans International Expansion
Today, Dollar General announced the Company’s first international expansion with plans to open up to 10 stores in Mexico in FY 2022.
“The opportunity to expand our footprint to serve communities in Mexico marks an exciting new era for our organization, and is a reflection of our continued innovative spirit and dedication to serving others,” said Todd Vasos, Dollar General’s chief executive officer. “We are excited to bring to the Mexican consumer the value and convenience that our U.S. customers trust us to provide, and we are confident in our ability to provide Mexican households with affordable access to everyday essentials.”
Similar to its U.S.-based stores, Mexico locations are expected to offer a carefully curated assortment of products that customers use and replenish often, such as food, pet, cleaning and paper products, fresh goods, as well as discretionary non-consumable items. Additionally, the expansion strategy will bring new retail career opportunities to communities where stores will be located, as well as opportunities at the Company’s Mexico Store Support Center.
“We are taking what makes DG great in the U.S. and adapting it to the Mexican retail landscape and feel strongly that our unique proposition will resonate with the Mexican consumer,” said Jeff Owen, Dollar General’s chief operating officer. “We look forward to customers’ response to our new stores and laying the foundation for future growth in Mexico.”
Additional details including specific store locations, anticipated career opportunities, merchandise assortment, branding, charitable partnerships and more are expected to be released at a later date.
Dollar General is the largest U.S. retailer by store footprint, currently operating more than 18,000 stores in 46 states in the continental U.S. with approximately 75 percent of the U.S. population residing within five miles of a Dollar General store. The Company expects to open stores in Idaho in early 2022, which will mark its 47th state.