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Dollar General Plans 830 Units

GOODLETTSVILLE, TN-The dollar chain expects to open at least 800 traditional stores and 30 Dollar General Markets in 2006. The company plans $330 million to $350 million in capital expenditures for 2006.

By Jennifer D. Duell | Updated on November 23, 2005

(For more retail coverage, click GlobeSt.com/RETAIL.)

GOODLETTSVILLE, TN-Dollar General Corp. will open a minimum of 800 new stores next year, in addition to 30 Dollar General Markets, some of which will be conversions from traditional stores. The expansion plans were disclosed during the chain’s third-quarter earnings conference call.

“We plan to increase our rate of new store growth,” said Dollar General chairman and CEO David Perdue, adding that the expansion represents an square-footage increase of 10%. “We remain confident in our small-box model.” The company plans $330 million to $350 million in capital expenditures for 2006.

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