Tags: Dollar General to Hire 6 | 000 for New Stores

Dollar General to Hire 6,000 for New Stores

Monday, 03 January 2011 02:23 PM EST

Discount-store operator Dollar General Corp. said Monday it plans to open 625 new stores and hire more than 6,000 workers in 2011.

The company said Monday the store openings will be in 35 states it currently operates in as well as in three new states: Connecticut, Nevada and New Hampshire. It also plans to remodel or relocate 550 stores.

Dollar General, based in Goodlettsville, Tenn., currently operates 9,200 stores and employs 88,000 staffers.

Its stores have gained market share from competitors such as Wal-Mart Stores Inc., as consumers count pennies because of high unemployment and the uncertain economy.

In December Dollar General said its third-quarter net income rose 69 percent, helped by cost cuts and higher revenue, and the company raised its full-year guidance. Its revenue rose 10 percent to $3.22 billion.

Its shares rose 12 cents to $30.78 in morning trading.


© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Companies
Discount-store operator Dollar General Corp. said Monday it plans to open 625 new stores and hire more than 6,000 workers in 2011. The company said Monday the store openings will be in 35 states it currently operates in as well as in three new states: Connecticut, Nevada...
Dollar General to Hire 6,000 for New Stores
142
2011-23-03
Monday, 03 January 2011 02:23 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved