ollar General is closing 96 stores sometime in the first quarter of fiscal year 2025. Another 45 stores under the pOpshelf brand will also be shuttered, with an additional six being converted into Dollar General locations.
Dollar General quietly announced the store closings in its latest earnings report released on March 13. During the three-month period that ended on Jan. 31, the discount chain conducted an “appropriate” evaluation of its store portfolio to determine current and future performance as well as operating conditions.
“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,” noted CEO Todd Vasos in the earnings statement.
The exact locations of Dollar General stores on the chopping block have not yet been announced. According to company leadership, the closings are necessary “to further strengthen the foundation of [the] business.”