As of May 4, 2018, Dollar General operated 14,761 stores in 44 states, primarily in the Southern, Southwestern, Midwestern and Eastern US.
In fiscal 2017, Dollar General opened 1,315 new stores, closed 101 stores and remodeled/relocated 764 stores, amounting to a 9.0% increase in square footage. During the first quarter of fiscal 2018, the company opened 241 stores and closed 14 stores. In fiscal 2018, the company expects to open approximately 900 new stores, remodel 1,000 stores, and relocated 100 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)||134,600||132,591||121,673||113,722||107,239||100,853|
|Total gross square feet growth||8.3%||9.0%||7.0%||6.0%||6.3%||6.6%|
|Avg store gross sq ft||9,100||9,100||9,100||9,100||9,100||9,100|
|Avg store gross sq ft growth||-0.2%||-0.1%||0.3%||0.1%||0.4%||0.6%|