Dollar General
Company and Retailer
KKR's Euronext fund seeks consent for deal...at $1.6 billion. KKR wrote up the value of its investment in Dollar General in March, compared with December, and there has been speculation about whether it will seek an initial public offering for the discount store. Other investment... In this article: KKR, Blackstone Group, New York Stock Exchange, Dollar General, Amsterdam, New York, Thomson Reuters, and Energy Future Holdings |
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L.A. Times - Money & Company | June 08, 2009
Buyout firm KKR will sell IPOs through Fidelity
...KKR as implying a mark of quality. The companies in KKR's portfolio include medical device firm Biomet Inc., retailer Dollar General Corp., e-commerce firm First Data Corp. and hospital giant HCA Inc. If you are under 13 years of age you...
In this article: KKR, Fidelity Investments, Biomet Inc, Dollar General Corp., First Data Corp., U.S., and Wall Street
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WSJ.com: Markets | June 08, 2009
Fidelity, KKR Near IPO Pact
...First Data, at steep discounts to where it acquired them. If there is one KKR company positioned to sell public shares in the near term it would be Dollar General Corp. The deep-discount retailer has posted strong results since its...
In this article: KKR, Dollar General Corp., Citigroup, Carlyle Group, Sealy Corp, Blackstone Group, First Data, Morgan Stanley, and Merrill Lynch
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Reuters | December 17, 2008
KKR upbeat on portfolio at investor meeting-source
...as interest, tax and depreciation. Robert highlighted investments such as Alliance Boots, Biomet, Dollar General, HCA, Energy Future Holdings and First Data as being able to weather an economic downturn. KKR in July announced plans to go...
In this article: KKR, Amsterdam, New York, Tax, Biomet, and Energy Future Holdings
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KKR may reevaluate KPE takeover, values fall
...million and hospital company HCA Inc <HCA.UL> by $121.2 million. But it wrote up the value of U.S. discount retailer Dollar General Corp <DG.UL> by $32.5 million. Private equity firms are obliged for the first time this year to value...
In this article: KKR, Credit crunch, Euronext, Blackstone, U.S., Dollar General Corp, and S&P 500 Index
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PR Newswire | August 14, 2008
SEIU Statement on Announcement of KKR Prospectus
...the size of its workforce by 5,000. Employees of other KKR-owned companies like Toys "R" Us, Dollar General, and First Data might want to know what the new corporate structure of KKR holds for them. Given the billions involved in this...
In this article: KKR, Service Employees International Union, Tax, Henry Kravis, Toys "R" Us, Waste, Masonite, George Roberts, and First Data
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KKR may reevaluate KPE fund takeover
...First Data by $164.6 million and hospital company HCA by $121.2 million. But it wrote up the value of U.S. discount retailer Dollar General Corp by $32.5 million. Private equity firms are obliged for the first time this year to value...
In this article: KKR, Credit crunch, Blackstone, New York Stock Exchange, U.S., Small business, Alliance Boots, and Euronext
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UPDATE 2-KKR's Amsterdam fund nets $200 mln in stakes transfer
...KPE makes its investments through will keep a $117.8 million stake in Biomet, a $232.8 million stake in Dollar General, a $77.8 million stake in First Data, a $157.8 million stake in HCA and a $137.8 million stake in The Nielsen Co, based...
In this article: KKR, Nielsen Co, Biomet, First Data, Amsterdam, Euronext, and New York Stock Exchange
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More on Dollar General
Description from Wikipedia:
Dollar General is a chain of variety stores operating in 35 U.S. states. The chain operates 8,462 stores (as of May 24, 2009), and its headquarters is located in Goodlettsville, Tennessee, a suburb of Nashville. As of the third fiscal quarter of 2007, the company was acquired by Kohlberg Kravis Roberts & CO (KKR), a private equity firm, who intends to take the company back to privately-owned status. Store/Company website
The stores were founded in 1939 by Cal Turner in Scottsville, Kentucky. Turner was illiterate and later created a Literacy Fund which helps people learn to read; the fund donates computers and books to local schools and libraries.
Dollar General stores are typically in small shopping plazas or strip malls in local neighborhoods. The company acquired the 280 stores of the P.N. Hirsh Division of Interco, Inc. (now Furniture Brands International, Inc.) in 1983 and in 1985 added 206 stores and a warehouse from Eagle Family Discount Stores, also from Interco, Inc. In recent years, the chain has started constructing more stand-alone stores, typically in areas not served by another general-merchandise retailer. In some cases, stores are within a few city blocks of each other.
Dollar General offers both name brand and generic merchandise — including off-brand goods and closeouts of name-brand items — in the same store, often on the same shelf.
Although it has the word "dollar" in the name, Dollar General is not a dollar store in the strict sense of the phrase, because it has goods that are priced at more (or less) than a dollar. However, goods are usually sold at set price points of penny items and up to the range of 50 to 60 dollars, not counting phone cards and loadable store gift cards.
- Name:
- Dollar General Stores, Inc.
- Type:
- Low Cost Retail
- Location City:
- Goodlettsville, Tennessee
- Location Country:
- U.S.
- Founded:
- 1939
- Industry:
- Retail
- Key People:
- Richard Dreiling, CEO
- Products:
- Low cost items
- Revenue:
- US$9,169,822,000
- Operating Income:
- US$220,363,000
- Net Income:
- US$137,943,000
- No. of Employees:
- 69,500
- Motto:
- "Save Time, Save Money, Everyday" "Time is Money"
- Website:
- http://www.dollargeneral.com
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