Who Owns Dollar General? The Secret Owners Unveiled

Who Owns Dollar General? The Secret Owners Unveiled

Who are the masterminds behind the success of Dollar General?

Dollar General is a well-known American discount store chain that has been in operation since 1939. The company has over 18,000 stores in 46 states and employs over 150,000 people.

The company was founded by Cal Turner Sr. and his brother, J.L. Turner. The Turner family has been involved in the retail business for over 100 years. Cal Turner Sr. started his career in the grocery business, and he opened his first Dollar General store in Scottsville, Kentucky, in 1939.

Dollar General has been successful over the years because of its focus on providing low prices on everyday items. The company also benefits from its large network of stores, which allows it to reach a wide range of customers.

Dollar General is a publicly traded company, and its stock is traded on the New York Stock Exchange. The company's headquarters are in Goodlettsville, Tennessee.

Dollar General Owners

Dollar General is a well-known American discount store chain with over 18,000 stores in 46 states. The company has been in operation since 1939 and has a long history of providing low prices on everyday items.

  • Founders: Cal Turner Sr. and J.L. Turner
  • Headquarters: Goodlettsville, Tennessee
  • Number of stores: Over 18,000
  • Number of employees: Over 150,000
  • Annual revenue: Over $30 billion
  • Stock symbol: DG

Dollar General has been successful over the years because of its focus on providing low prices on everyday items. The company also benefits from its large network of stores, which allows it to reach a wide range of customers. Dollar General is a publicly traded company, and its stock is traded on the New York Stock Exchange.

1. Founders

Cal Turner Sr. and J.L. Turner were the founders of Dollar General, a well-known American discount store chain with over 18,000 stores in 46 states. The company has been in operation since 1939 and has a long history of providing low prices on everyday items.

  • Entrepreneurial Spirit: Cal Turner Sr. and J.L. Turner were both entrepreneurs who had a strong desire to build a successful business. They started Dollar General with a small investment and grew it into a multi-billion dollar company.
  • Focus on Customer Service: Cal Turner Sr. and J.L. Turner believed that customer service was essential to the success of Dollar General. They made sure that their employees were friendly and helpful, and they always put the customer first.
  • Hard Work and Dedication: Cal Turner Sr. and J.L. Turner were both hard-working and dedicated to the success of Dollar General. They worked long hours and always put the company first.
  • Vision and Leadership: Cal Turner Sr. and J.L. Turner had a clear vision for Dollar General and were able to lead the company to success. They were both strong leaders who were able to motivate their employees and achieve their goals.

The legacy of Cal Turner Sr. and J.L. Turner lives on at Dollar General. The company continues to be a leader in the discount retail industry, and it is still committed to providing low prices on everyday items. Cal Turner Sr. and J.L. Turner were true pioneers in the retail industry, and their contributions to Dollar General will never be forgotten.

2. Headquarters

The location of Dollar General's headquarters in Goodlettsville, Tennessee, is a strategic choice that offers several advantages to the company.

  • Central location: Goodlettsville is located in a central location within the United States, which makes it easy for Dollar General to distribute its products to its stores throughout the country.
  • Access to transportation: Goodlettsville is located near several major highways and airports, which gives Dollar General easy access to transportation for its employees and products.
  • Business-friendly environment: Goodlettsville is located in a business-friendly environment, which offers Dollar General access to a skilled workforce and other resources.

The location of Dollar General's headquarters in Goodlettsville, Tennessee, is a key factor in the company's success. The central location, access to transportation, and business-friendly environment have all contributed to Dollar General's ability to grow and become one of the largest discount retailers in the United States.

3. Number of stores

Dollar General's large number of stores is a key factor in the company's success. The company's stores are located in small towns and rural areas that are often underserved by other retailers. This gives Dollar General a competitive advantage and allows it to reach a large number of customers.

The company's stores are also typically small and easy to navigate, which makes them convenient for customers. Dollar General also offers a wide variety of products at low prices, which makes it a popular destination for shoppers.

The company's large number of stores has also helped it to build a strong brand reputation. Dollar General is now one of the most recognizable brands in the United States, and its stores are often seen as a symbol of value and convenience.

The company's large number of stores is a key component of its success. The stores give Dollar General a competitive advantage, allow it to reach a large number of customers, and help to build a strong brand reputation.

4. Number of employees

Dollar General's large workforce is a key component of its success. The company's employees are responsible for providing excellent customer service, stocking shelves, and keeping the stores clean and organized. Dollar General's employees are also committed to helping the company achieve its goals, such as providing low prices on everyday items and expanding into new markets.

Dollar General's employees are a valuable asset to the company. They are the face of the company to customers, and they play a vital role in the company's success.

The company's large workforce also has a positive impact on the local economy. Dollar General is one of the largest employers in many of the communities where it has stores. The company's employees spend their salaries in the local economy, which helps to support other businesses and create jobs.

5. Annual revenue

Dollar General's annual revenue of over $30 billion is a testament to the company's success. The company's revenue has grown steadily over the years, and it is now one of the largest discount retailers in the United States.

The company's revenue is generated from the sale of a wide variety of products, including food, clothing, and household items. Dollar General also offers a variety of services, such as check cashing and money orders.

The company's revenue is used to fund its operations, including the opening of new stores, the expansion of its product line, and the development of new technologies. Dollar General also uses its revenue to pay its employees and to provide benefits to its customers.

The company's annual revenue of over $30 billion is a key component of its success. The revenue allows Dollar General to continue to grow and expand, and it also allows the company to provide low prices on everyday items to its customers.

6. Stock symbol

The stock symbol "DG" is the ticker symbol for Dollar General Corporation, a publicly traded company. The stock symbol is used to identify the company's stock on the New York Stock Exchange.

  • Ownership: The stock symbol "DG" represents ownership in Dollar General Corporation. Shareholders who own DG stock have a stake in the company's profits and assets.
  • Trading: The stock symbol "DG" is used to trade shares of Dollar General Corporation on the New York Stock Exchange. Investors can buy and sell DG stock through their brokerage accounts.
  • Performance: The stock symbol "DG" reflects the performance of Dollar General Corporation. The stock price fluctuates based on the company's financial performance, market conditions, and investor sentiment.
  • Investment: The stock symbol "DG" represents an investment in Dollar General Corporation. Investors who purchase DG stock are betting on the company's future growth and profitability.

The stock symbol "DG" is a key component of Dollar General Corporation's financial structure. It allows the company to raise capital from investors and provides investors with a way to participate in the company's success.

Frequently Asked Questions about Dollar General Owners

This section addresses common questions and misconceptions about the owners of Dollar General.

Question 1: Who are the owners of Dollar General?

Dollar General is a publicly traded company, meaning that it is owned by its shareholders. The company's stock is traded on the New York Stock Exchange under the symbol "DG."

Question 2: How did Dollar General get its name?

The company was founded in 1939 by Cal Turner Sr. and J.L. Turner. The name "Dollar General" was chosen because the company's original stores were located in small towns and rural areas, where most people lived on a dollar-a-day budget.

Question 3: How many stores does Dollar General have?

As of 2023, Dollar General has over 18,000 stores in 46 states.

Question 4: What is Dollar General's annual revenue?

Dollar General's annual revenue is over $30 billion.

Question 5: What is Dollar General's stock symbol?

Dollar General's stock symbol is "DG."

These are just a few of the most frequently asked questions about Dollar General owners. For more information, please visit the company's website.

Summary of key takeaways:

  • Dollar General is a publicly traded company owned by its shareholders.
  • The company was founded in 1939 by Cal Turner Sr. and J.L. Turner.
  • Dollar General has over 18,000 stores in 46 states.
  • The company's annual revenue is over $30 billion.
  • Dollar General's stock symbol is "DG."

Transition to the next article section:

Now that we have answered some of the most frequently asked questions about Dollar General owners, let's take a closer look at the company's history and its impact on the retail industry.

Conclusion

Dollar General is a publicly traded company with over 18,000 stores in 46 states. The company was founded in 1939 by Cal Turner Sr. and J.L. Turner. Dollar General has a long history of providing low prices on everyday items, and it is one of the largest discount retailers in the United States.

The success of Dollar General is due in part to the hard work and dedication of its owners. Cal Turner Sr. and J.L. Turner were both entrepreneurs who had a strong desire to build a successful business. They started Dollar General with a small investment and grew it into a multi-billion dollar company. Cal Turner Sr. and J.L. Turner were both committed to providing low prices on everyday items, and they always put the customer first.

Dollar General is a success story, and it is a testament to the hard work and dedication of its owners. The company has a bright future, and it is well-positioned to continue to grow and expand in the years to come.

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