Dollar General Shedding Stores!

Dollar General having trouble bringing in shoppers.

Dollar General is struggling.

Food desert Dayton, Ohio is expected to lose probably three locations. The one on Salem Avenue and Grand Avenue is the first of many Dollar General stores to go out of business.

Dollar General based out of Goodlettsville, Tennessee announced it will close 96 locations while opening at least 750 locations (with caution).

The company says that President Donald J. Trump's tariffs, customer foot traffic declining and theft were factors.

“As we look to build on the substantial progress we made on our Back to Basics work in fiscal 2024, we believe this review was appropriate to further strengthen the foundation of our business,” said Todd Vasos, Dollar General’s chief executive officer, in the earnings report.

“While the number of closings represents less than one percent of our overall store base, we believe this decision better positions us to serve our customers and communities,” Vasos said in the report.

POPshelf, the spin off company operates one store in Centerville. It might be on the list of closures. POPshelf is closing 41 locations.

Dollar General said it initiated a "store portfolio optimization review" during the fourth quarter of 2024, where it identified stores for closure or re-bannering based on "an evaluation of individual store performance, expected future performance, and operating conditions, among other factors."

In 2021, Dollar General announced plans to open approximately 1,000 Popshelf stores by the end of the 2025 fiscal year due to its popularity with customers, according to reporting from CNBC.

Popshelf's website says the chain has more than 220 locations in 21 states, however after the 45 planned closures, the chain will have about 175 remaining stores.