Dollar General Corp. is a chain of variety stores operating in 35 U.S. states. The chain operates over 9,000 stores.
[2] and is headquartered in Goodlettsville, Tennessee, a suburb of Nashville. The stores were founded in 1939 by Cal Turner in Scottsville, Kentucky as J.L. Turner & Son, Inc. In 1968 they changed the name to Dollar General Corporation. As of the third fiscal quarter of 2007, the company was acquired by Kohlberg Kravis Roberts & Co. (KKR), a private equity firm, who took the company public in 2009
.[3][dead link]
Dollar General stores are typically in small shopping plazas or strip malls in local neighborhoods. The company acquired the 280 stores of the P.N. Hirsh Division of Interco, Inc. (now Furniture Brands International, Inc.) in 1983 and in 1985 added 206 stores and a warehouse from Eagle Family Discount Stores, also from Interco, Inc. In recent years, the chain has started constructing more stand-alone stores, typically in areas not served by another general-merchandise retailer. In some cases, stores are within a few city blocks of each other.
Dollar General offers both name brand and generic merchandise — including off-brand goods and closeouts of name-brand items — in the same store, often on the same shelf.
Although it has the word "dollar" in the name, Dollar General is not technically a dollar store because it has some goods that are priced at more than a dollar. However, goods are usually sold at set price points of penny items and up to the range of 50 to 60 dollars, not counting phone cards and loadable store gift cards.
Dollar General typically serves communities that are too small for Wal-Marts. It competes in the dollar store format with national chains Family Dollar and Dollar Tree, regional chains such as Fred's in the southeast, and numerous independently owned stores.
Since the turn of the century, Dollar General has experimented with stores that carry a greater selection of grocery items. These stores (similar to the Wal-Mart Supercenter, but much smaller) operate under the name "Dollar General Market".
Recently, Dollar General began selling produce, meat, and baked goods in new stores called "Dollar General Market" in former supermarket locations, even though this idea is similar to the Dollar General Market.
These statements are subject to risks and uncertainties that could cause actual results to differ materially from those
expressed or implied in the forward-looking statements. These factors include, but are not limited to, (1) the occurrence of any
event, change or other circumstances that could give rise to the termination of the merger agreement;
(2) the outcome of any
legal proceedings that have been or may be instituted against Dollar General and others following announcement of the
proposal or the merger agreement;
(3) the inability to complete the merger due to the failure to obtain shareholder approval or
the failure to satisfy other conditions to the completion of the merger, including the expiration of the waiting period under the
Hart-Scott-Rodino Antitrust Improvements Act of 1976 and the receipt of other required regulatory approvals;
(4) the failure to
obtain the necessary debt financing arrangements set forth in commitment letters received in connection with the merger;
(5)risks that the proposed transaction disrupts current plans and operations and the potential difficulties in employee retention as
a result of the merger;
(6) the ability to recognize the benefits of the merger;
(7) the amount of the costs, fees, expenses and
charges related to the merger and the actual terms of certain financings that will be obtained for the merger; and
(8) the impact
of the substantial indebtedness incurred to finance the consummation of the merger; and other risks that are set forth in the
“Risk Factors,” “Legal Proceedings” and “Management Discussion and Analysis of Results of Operations and Financial
Condition” sections of, and elsewhere, in Dollar General’s
Through the 401(k) Savings and Retirement Plan, Dollar General wants to help you realize your dreams of retirement. Here is how it works:
You may contribute up to 25% of your pre-tax income (up to the IRS annual limit)
Dollar General offers one of the best match programs in retail – dollar for dollar up to the first 5% of your pay
You choose how all contributions are invested
You are immediately 100% vested in Dollar General’s contribution
Health Benefits
Dollar General offers the choice of four comprehensive plans with varying levels of coverage and cost based on your particular needs. Plus, Dollar General contributes toward the cost of these benefits, so we can offer you health insurance at an affordable cost!
Medical
Dental
Vision
Prescription
Flexible Spending Accounts
Flexible Spending Accounts (FSAs) allow you to save money for eligible health care expenses not covered by the medical plan, and dependent care services for eligible children and other qualifying dependents, all on a tax-free basis!
Medical FSA
Dependent Care FSA
Disability and Life Insurance Benefits
Short and Long Term Disability
Employee, Spouse and Dependent Life Insurance
Accidental Death & Dismemberment Insurance
Business Travel Accident Insurance
Wellness Programs
Dollar General is committed to creating a culture of wellness that emphasizes preventive measures and healthier lifestyles for our employees.
Get Healthy
Health Risk Assessments
Life Resources
All employees have access to the following resource programs to help with everyday life issues - from stress management to scholarships for education.
Access to Educational & Financial Resources
Access to Homebuyer Assistance Program
Access to Employee Assistance Program (EAP)
Compensation/Rewards/Work Benefits
Competitive base pay
Annual bonus opportunity
Service award recognition program
Vacation time with pay and paid holidays
Non-smoking work environment
Benefits for Part-Time Employees
In addition to the opportunity to enroll in the 401(k) Savings and Retirement Plan, part-time employees are eligible to enroll in a sickness and accident program.
This information reflects the highlights of Dollar General’s benefits plans and is intended as an overview. Employee must meet certain eligibility requirements, if applicable. In the event of any discrepancy between the official plan documents and the information provided on this site, the official Plan documents will govern. Dollar General reserves the right to amend or terminate any Plan at any time and without notice.
[2] and is headquartered in Goodlettsville, Tennessee, a suburb of Nashville. The stores were founded in 1939 by Cal Turner in Scottsville, Kentucky as J.L. Turner & Son, Inc. In 1968 they changed the name to Dollar General Corporation. As of the third fiscal quarter of 2007, the company was acquired by Kohlberg Kravis Roberts & Co. (KKR), a private equity firm, who took the company public in 2009
.[3][dead link]
Dollar General stores are typically in small shopping plazas or strip malls in local neighborhoods. The company acquired the 280 stores of the P.N. Hirsh Division of Interco, Inc. (now Furniture Brands International, Inc.) in 1983 and in 1985 added 206 stores and a warehouse from Eagle Family Discount Stores, also from Interco, Inc. In recent years, the chain has started constructing more stand-alone stores, typically in areas not served by another general-merchandise retailer. In some cases, stores are within a few city blocks of each other.
Dollar General offers both name brand and generic merchandise — including off-brand goods and closeouts of name-brand items — in the same store, often on the same shelf.
Although it has the word "dollar" in the name, Dollar General is not technically a dollar store because it has some goods that are priced at more than a dollar. However, goods are usually sold at set price points of penny items and up to the range of 50 to 60 dollars, not counting phone cards and loadable store gift cards.
Dollar General typically serves communities that are too small for Wal-Marts. It competes in the dollar store format with national chains Family Dollar and Dollar Tree, regional chains such as Fred's in the southeast, and numerous independently owned stores.
Since the turn of the century, Dollar General has experimented with stores that carry a greater selection of grocery items. These stores (similar to the Wal-Mart Supercenter, but much smaller) operate under the name "Dollar General Market".
Recently, Dollar General began selling produce, meat, and baked goods in new stores called "Dollar General Market" in former supermarket locations, even though this idea is similar to the Dollar General Market.
These statements are subject to risks and uncertainties that could cause actual results to differ materially from those
expressed or implied in the forward-looking statements. These factors include, but are not limited to, (1) the occurrence of any
event, change or other circumstances that could give rise to the termination of the merger agreement;
(2) the outcome of any
legal proceedings that have been or may be instituted against Dollar General and others following announcement of the
proposal or the merger agreement;
(3) the inability to complete the merger due to the failure to obtain shareholder approval or
the failure to satisfy other conditions to the completion of the merger, including the expiration of the waiting period under the
Hart-Scott-Rodino Antitrust Improvements Act of 1976 and the receipt of other required regulatory approvals;
(4) the failure to
obtain the necessary debt financing arrangements set forth in commitment letters received in connection with the merger;
(5)risks that the proposed transaction disrupts current plans and operations and the potential difficulties in employee retention as
a result of the merger;
(6) the ability to recognize the benefits of the merger;
(7) the amount of the costs, fees, expenses and
charges related to the merger and the actual terms of certain financings that will be obtained for the merger; and
(8) the impact
of the substantial indebtedness incurred to finance the consummation of the merger; and other risks that are set forth in the
“Risk Factors,” “Legal Proceedings” and “Management Discussion and Analysis of Results of Operations and Financial
Condition” sections of, and elsewhere, in Dollar General’s
Through the 401(k) Savings and Retirement Plan, Dollar General wants to help you realize your dreams of retirement. Here is how it works:
You may contribute up to 25% of your pre-tax income (up to the IRS annual limit)
Dollar General offers one of the best match programs in retail – dollar for dollar up to the first 5% of your pay
You choose how all contributions are invested
You are immediately 100% vested in Dollar General’s contribution
Health Benefits
Dollar General offers the choice of four comprehensive plans with varying levels of coverage and cost based on your particular needs. Plus, Dollar General contributes toward the cost of these benefits, so we can offer you health insurance at an affordable cost!
Medical
Dental
Vision
Prescription
Flexible Spending Accounts
Flexible Spending Accounts (FSAs) allow you to save money for eligible health care expenses not covered by the medical plan, and dependent care services for eligible children and other qualifying dependents, all on a tax-free basis!
Medical FSA
Dependent Care FSA
Disability and Life Insurance Benefits
Short and Long Term Disability
Employee, Spouse and Dependent Life Insurance
Accidental Death & Dismemberment Insurance
Business Travel Accident Insurance
Wellness Programs
Dollar General is committed to creating a culture of wellness that emphasizes preventive measures and healthier lifestyles for our employees.
Get Healthy
Health Risk Assessments
Life Resources
All employees have access to the following resource programs to help with everyday life issues - from stress management to scholarships for education.
Access to Educational & Financial Resources
Access to Homebuyer Assistance Program
Access to Employee Assistance Program (EAP)
Compensation/Rewards/Work Benefits
Competitive base pay
Annual bonus opportunity
Service award recognition program
Vacation time with pay and paid holidays
Non-smoking work environment
Benefits for Part-Time Employees
In addition to the opportunity to enroll in the 401(k) Savings and Retirement Plan, part-time employees are eligible to enroll in a sickness and accident program.
This information reflects the highlights of Dollar General’s benefits plans and is intended as an overview. Employee must meet certain eligibility requirements, if applicable. In the event of any discrepancy between the official plan documents and the information provided on this site, the official Plan documents will govern. Dollar General reserves the right to amend or terminate any Plan at any time and without notice.
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