Dollar General Corporation
06/02/2021 | News release | Distributed by Public on 06/02/2021 14:19
Dollar General Breaks into Top 100 of Fortune 500 List
DG's Recognition as a Fortune 100 Company Reflects Recent Growth and Commitment to Serving Others
Dollar General proudly announces its #91 ranking among the 2021 Fortune 500 list. Dollar General's 21-place jump into the Top 100 reflects the company's exceptional growth, which includes the Company's $33.7 billion in sales in fiscal year 2020.
'Our movement into Fortune magazine's Top 100 reflects the Dollar General team's commitment to meeting the needs of our customers and our communities over the course of 2020, helping us grow and further highlighting our focus as a purpose-driven company,' said Todd Vasos, chief executive officer of Dollar General. 'I would like to extend my deepest appreciation to the entire DG team for their dedication to our business and their continual focus on our mission and values. We remain confident in our business model, which we believe demonstrates the unique combination of value and convenience and positions us well for the future.'
Often referred to as the ultimate business scorecard, 2021 marks the 67th edition of Fortune's ranking of America's 500 largest companies, which represent two-thirds of the U.S. economy.
Fortune recognized Dollar General's jump as a reflection of shoppers being mindful of budgets during the pandemic, which resulted in a 21.6% net sales increase from fiscal year 2019 sales. Additionally, the publication highlighted DG's increased focus on fresh food offerings and the rollout of pOpshelf, the Company's new-format store.
Dollar General's History on the Fortune 500 List
Dollar General's Fortune 500 ranking of #91 in 2021 is up 21 spots from its previous position of #112 in 2020. DG has appeared on the prestigious list since its 2009 IPO.
Since its founding in 1939 as a wholesale venture between a father and son duo, Dollar General has grown into a major retailer with more than 17,400 stores in 46 states, 27 traditional and DG Fresh distribution centers and more than 157,000 employees. Despite the Company's growth, Dollar General remains true to its roots, continuing to focus on the principles of hard work and taking care of its employees, customers and the communities in which it operates.
To learn more about Dollar General, visit the Dollar General About Us page at https://aboutus.dollargeneral.com.
'Our movement into Fortune magazine's Top 100 reflects the Dollar General team's commitment to meeting the needs of our customers and our communities over the course of 2020, helping us grow and further highlighting our focus as a purpose-driven company,' said Todd Vasos, chief executive officer of Dollar General. 'I would like to extend my deepest appreciation to the entire DG team for their dedication to our business and their continual focus on our mission and values. We remain confident in our business model, which we believe demonstrates the unique combination of value and convenience and positions us well for the future.'
Often referred to as the ultimate business scorecard, 2021 marks the 67th edition of Fortune's ranking of America's 500 largest companies, which represent two-thirds of the U.S. economy.
Fortune recognized Dollar General's jump as a reflection of shoppers being mindful of budgets during the pandemic, which resulted in a 21.6% net sales increase from fiscal year 2019 sales. Additionally, the publication highlighted DG's increased focus on fresh food offerings and the rollout of pOpshelf, the Company's new-format store.
Dollar General's History on the Fortune 500 List
Dollar General's Fortune 500 ranking of #91 in 2021 is up 21 spots from its previous position of #112 in 2020. DG has appeared on the prestigious list since its 2009 IPO.
Since its founding in 1939 as a wholesale venture between a father and son duo, Dollar General has grown into a major retailer with more than 17,400 stores in 46 states, 27 traditional and DG Fresh distribution centers and more than 157,000 employees. Despite the Company's growth, Dollar General remains true to its roots, continuing to focus on the principles of hard work and taking care of its employees, customers and the communities in which it operates.
To learn more about Dollar General, visit the Dollar General About Us page at https://aboutus.dollargeneral.com.