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Stock impact report

The Ratings Game: Dollar General sees opportunity to grow in food deserts [MarketWatch]

Dollar General Corporation (DG) 
Last dollar general corporation earnings: 3/12 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.shareholder.com/dollar
Company Research Source: MarketWatch
Dollar General sees opportunity to grow in food deserts Produce is a growing area for Dollar General Corp., with the discount retailer seeing opportunities for growth in food deserts, places where fresh foods and grocery stores are scarce. Currently, about 425 Dollar General DG, -3.73% stores carry produce, according to Todd Vasos, chief executive of the company. Through the end of the third quarter, 925 Dollar General stores were remodeled, 325 in the Dollar General Traditional Plus format, which includes more cooler cabinets. In 2019, the company is planning 1,000 store remodels, with produce planned for about 200 of those stores. Dollar General has 15,227 stores, according to its most recent earnings release. Read: Walmart, Target among the retail winners from the tariff truce: Wells Fargo “So having those opportunities to put stores, for instance, with a produce selection in areas that are more food deserts in the United States, both in the rural communities and by the way in Show less Read more
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