Dollar General Announces Purchase Of 41 Former Walmart Express Stores

GOODLETTSVILLE, Tenn. — Dollar General (NYSE:DG) announced today it has completed the purchase of 41 former Walmart Express locations across 11 states. Dollar General anticipates relocating 40 existing Dollar General stores into the purchased sites by October 2016 and entering one new market as part of the purchase. Terms of the transaction were not disclosed.

"Dollar General is excited to add these locations to our existing store base. We look forward to the opportunity to better serve our customers in these communities by continuing to provide the convenience and value they expect from Dollar General," said Todd Vasos, Dollar General's chief executive officer.

Communities served by the newly-relocated stores will enjoy a fresh DG16 layout with additional sales floor square feet, complete with expanded offerings such as fresh meat and produce, all designed to make shopping easier for customers. Dollar General also intends to operate the fueling stations in 37 of these locations.

The acquisition includes the following stores previously operated under the Walmart Express banner:

City     State     Address
Ashford     AL     18 APPLE WAY
Gurley     AL     6361 HIGHWAY 72 EAST
New Hope     AL     10188 HIGHWAY 431 SOUTH
Coal Hill *     AR     1531 E HIGHWAY 64
Mulberry     AR     3500 MULBERRY HIGHWAY 64 W
Interlachen     FL     1113 S.R. 20
Alma     GA     1041 S US HIGHWAY 1
Ashburn     GA     155 WEST WASHINGTON AVENUE
Donalsonville     GA     907 MARIANNA HIGHWAY
Lakeland     GA     142 S. VALDOSTA ROAD
Pearson     GA     290 ALBANY AVENUE WEST
Pelham     GA     398 BARROW AVENUE SW
Columbus     KS     705 N HIGH SCHOOL AVENUE
Hillsboro     KS     605 ORCHARD DRIVE
Rose Hill     KS     120 WEST ROSEWOOD STREET
Clinton     LA     9181 HIGHWAY 67
Independence     LA     515 3RD STREET
Kentwood     LA     920 AVENUE G
Belmont     MS     410 2ND STREET
Calhoun City     MS     519 W VETERANS AVENUE
Mantachie     MS     2795 HIGHWAY 371 N
Nettleton     MS     7104 WILL ROBBINS HIGHWAY
Sardis     MS     420 E LEE STREET
Broadway     NC     112 N MAIN STREET
Carthage     NC     945 MONROE STREET
Coats     NC     511 N MCKINLEY STREET
Four Oaks     NC     6043 US HIGHWAY 301 S
Liberty     NC     632 W SWANNANOA AVENUE
Pikeville     NC     303 S. GOLDSBORO STREET
Princeton     NC     509 DR. DONNIE H. JONES BLVD W
Red Springs     NC     908 E. 4TH AVENUE
Richfield     NC     139 N HIGHWAY 49
Snow Hill     NC     905 SE 2ND STREET
Stedman     NC     7670 CLINTON RD
Yanceyville     NC     1593 NC HIGHWAY 86 N
Luther     OK     19250 E HIGHWAY 66
Okemah     OK     124 E. COLUMBIA STREET
Stroud     OK     1600 WEST HIGHWAY 66
Wewoka     OK     2325 SERAN DRIVE
Gray Court     SC     9032 HIGHWAY 14
Dover     TN    

934 HIGHWAY 79

             

* – denotes a new Dollar General store location. All other locations are relocations of existing Dollar General stores.

About Dollar General Corporation
Dollar General Corporation has been delivering value to shoppers for over 75 years. Dollar General helps shoppers Save time. Save money. Every day!® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at low everyday prices in convenient neighborhood locations. With 12,719 stores in 43 states as of April 29, 2016, Dollar General is among the largest discount retailers in the United States. In addition to high quality private brands, Dollar General sells products from America's most-trusted manufacturers such as Procter & Gamble, Kimberly-Clark, Unilever, Kellogg's, General Mills, Nabisco, Hanes, PepsiCo and Coca-Cola. Learn more about Dollar General at www.dollargeneral.com.

Source: Dollar General Corporation