» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 124 | NO. 28 | Wednesday, February 11, 2009

Dollar General Same-Store Sales Rise in Q4

AP

Print | Front Page | Email this story | Comments ()

GOODLETTSVILLE, Tenn. (AP) - Discount retailer Dollar General Corp. reported same-store sales for the fourth quarter rose 9.4 percent as total sales for the quarter rose 11.2 percent to $2.85 billion.

The Goodlettsville-based company said Tuesday sales in the quarter continued to benefit from strategic operating initiatives implemented during the year to increase both customer traffic and the average ticket.

Sales of seasonal merchandise and other discretionary items were impacted by the weak economy as well as a shorter holiday selling season.

For the 2008 fiscal year, total sales rose 10.1 percent to $10.46 billion. Same-store sales for the year increased 9 percent.

During the fiscal year, the company opened 207 new stores, relocated or remodeled 404 stores and closed 39 stores, ending the year with 8,362 neighborhood stores.

It plans to open about 450 new stores and to remodel or relocate nearly 400 stores in 2009.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 102 224 17,767
MORTGAGES 127 277 20,703
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 176 510 36,326
BANKRUPTCIES 54 146 11,828
BUSINESS LICENSES 21 80 5,640
UTILITY CONNECTIONS 27 147 12,181
MARRIAGE LICENSES 11 60 4,417

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.