GOODLETTSVILLE, Tenn. - Dollar General here will shutter 400 locations next year and slow its development pace for the next two years, the discount chain said yesterday. The company will take $138 million in charges, which include $74 million for the store closings and another $64 million related to the adoption of new inventory model that it said would allow it to deliver fresher merchandise to its stores. After opening an estimated 600 stores this year, the chain will add 300 new stores ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.