As of Aug 4, 2017, Dollar General operated 13,865 stores in 44 states, primarily in the Southern, Southwestern, Midwestern and Eastern US.
During fiscal 2016, Dollar General opened 900 new stores, closed 63 stores and remodeled/relocated 906 stores, amounting to a 7.0% increase in square footage. In the first half of fiscal 2017, the company opened 545 net new stores. In fiscal 2017, the company expects to open approximately 1,000 new stores and remodel/relocated 900 stores.
Most stores are leased, and many stores are subject to build-to-suit arrangements with landlords, which typically carry a primary lease term of up to 15 years with multiple renewal options. The company also has stores subject to shorter-term leases and many have renewal options. In recent years, an increasing percentage of new stores have been subject to build-to-suit arrangements.
Approximately 68% of stores are located in freestanding buildings and 32% are in strip shopping centers. The average store has approximately 7,400 square feet of selling space and 9,100 total square feet.
|Total gross square feet (M)||126,700||121,673||113,722||107,239||100,853||94,577|
|Total gross square feet growth||7.2%||7.0%||6.0%||6.3%||6.6%||7.2%|
|Avg store gross sq ft||9,100||9,100||9,100||9,100||9,100||9,000|
|Avg store gross sq ft growth||0.2%||0.3%||0.1%||0.4%||0.6%||1.4%|