Dollar General

GOODLETTSVILLE, Tenn. — Dollar General over the weekend held it’s a Day of Beauty event for the third year. The multicultural health and beauty event took place in downtown Nashville and featured a panel discussion that featured Larry Sims, Naja the Nail Guru, Mel J. and Char Braden, as well as a guest speaker presentation from actress and author Kim Fields and a musical performance by Vivian Green.

GOODLETTSVILLE, Tenn. — Dollar General has added a Vitamin Shoppe veteran to its ranks as EVP and chief merchandising officer. Jason Reiser, most recently Vitamin Shoppe’s EVP and COO will join the discounter, effective July 12, replacing the recently retired Jim Thorpe.

GOODLETTSVILLE, Tenn. — Coinciding with its recently announced growth plan, Dollar General opened a new distribution center.

The new $100 million facility resides in Janesville, Wisconsin. It is the company’s 14th warehouse. The approximately 1 million-sq.-ft. depot, which began shipping merchandise in January, serves approximately 800 stores in nine states in the upper Midwest, and employs more than 500 employees. Along with more than 130 store locations in the state, Dollar General now has more than 1,300 employees in the state of Wisconsin.

GOODLETTSVILLE, Tenn. — Higher customer spending and lower advertising costs not only boosted Dollar General’s profits, but contributed to better-than-expected first-quarter earnings.

For the period ended May 5, the discounter’s net sales increased by 6.5% to $5.61 billion, compared to $5.27 billion in first quarter 2016. Net income fell to $279.5 million, or $1.02 per share from $295.1 million, or $1.03 per share, a year earlier. However, this still beat the average analysts' estimate of $1 per share, according to Thomson Reuters.

IOWA CITY, Iowa — Direct and indirect remuneration fees and delayed maximum allowable cost adjustment ranked highest on scales of both magnitude and immediacy for rural pharmacists, according to new research released by the RUPRI Center for Rural Health Policy Analysis.

GOODLETTSVILLE, Tenn. — The Federal Trade Commission approved the sale of 323 Dollar Express stores to Dollar General, reported Reuters. Private equity firm Sycamore Partners II currently owns the Dollar Express stores, which it bought in 2015 when Dollar Tree was forced to sell stores in 35 states as a condition of its acquisition of Family Dollar.

PORT WASHINGTON, N.Y. — More than two-thirds of Americans shopped at Walmart, Target, Walgreens, Dollar Tree and CVS, either online or in-store, according to a new index from The NPD Group.